Search

Launch of independent review into the high street

PUBLISHED: 08:39 13 March 2018 | UPDATED: 08:59 13 March 2018

Lowestoft High Street. Bill Grimsey, the ex-chief executive of Iceland, is leading a review into the state of the UK high street. Picture: Nick Butcher.

Lowestoft High Street. Bill Grimsey, the ex-chief executive of Iceland, is leading a review into the state of the UK high street. Picture: Nick Butcher.

Archant © 2017

The former chief of Iceland, Wickes and Booker is set to launch a new review into the state of the high street.

Bill Grimsey originally published the independent Grimsey Review in 2013 after the government had appointed Mary Portas to look at the state of the retail sector and town centres.

His report was well-respected and now he has decided the industry has changed so much that a second piece of work is needed.

It is due to be published in the summer.

Speaking on BBC Radio 4, Mr Grimsey said: “The economic conditions that exist today are very different from five years ago: austerity has started to impact the real people in this country, disposable income is down, and so spending in the high street is being impacted, plus we have had big technology changes in that time.

“We are migrating to online shopping faster than any other country in the world and retailers are not keeping up.”


If you value what this story gives you, please consider supporting the Eastern Daily Press. Click the link in the orange box below for details.

Become a supporter

This newspaper has been a central part of community life for many years, through good times and bad, serving as your advocate and trusted source of local information. Our industry is facing testing times, which is why I’m asking for your support. Every single contribution will help us continue to produce award-winning local journalism that makes a measurable difference to our community.

Thank you.

Most Read

Most Read

Latest from the Eastern Daily Press