Simply Business identifies children's shoe shops as most endangered retail sector
1 report, 1 independent
Updated Oct 22
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Simply Business named children's shoe shops the most endangered independent business on the British high street. The research projects an extinction date for the sector in 2037. Over a thousand children's shoe shops have closed their doors since 2020, according to the report.
From drapersonline.com
Why it matters
The decline is attributed to rising costs and cautious spending within the industry. The report also notes that a lack of parental awareness regarding the health risks of ill-fitting shoes contributes to the challenges facing the retail sector.
From drapersonline.com
Who's involved
- Simply BusinessUK business that identified the children's shoe shops as the most endangered retail sector
- Ryan Sullivanresearcher cited in connection with the industry analysis