Focusing on independent stores, 'browse-only' shops and experiences are among the way the fortunes of struggling high streets can be reversed, a new report has claimed.
Researchers at Manchester Metropolitan University studied 100 UK high streets. They looked at the major trends and issues affecting those areas over the last decade and came up with solutions to help revive local town centre retail.
Published in a book, High Street: How our town centres can bounce back from the retail crisis, the study said the challenges have been driven by a steep decline in the success of 'big retail' and the collapse of chains such as Debenhams and Wilko. This has left 40% of retail space surplus to requirement.
However, the researchers said, large stores departing the high street leaves a way forward beyond big retail.
Independent retailers such as artisan food outlets and vintage clothing emporiums can fill the gaps, the study claimed, with 'showrooming' - physical stores used to display goods and give advice, but not transact, with purchases being made online - another trend that can help to revitalise declining high streets.
Other trends highlighted by the report as beneficial to future retail growth were: