Launch of independent review into the high street
PUBLISHED: 08:39 13 March 2018 | UPDATED: 08:59 13 March 2018
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 above for details.