Many high street shops have gone out of business in recent years. Why do you think this has happened? Is it a possitive or negative development?

Shopping is one way for people, nowadays, to spend their free time.
However
, several shopping retails have gone closed in the previous years. There are quite some reasons why
this
trend is existing. To my thinking,
this
phenomenon is either advantageous
and
Correct word choice
or
show examples
disadvantageous. 
Firstly
, the increasing number of business competitors in the market
make
Change the verb form
makes
show examples
it hard for someone to cope
up
Change preposition
apply
show examples
with the popularity and
marketable
Replace the word
marketability
show examples
of their products.
This
would result
for
Change preposition
in
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consumers to be
skeptical
Change the spelling
sceptical
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of what to purchase.
In addition
, they would be thinking of trying out new goods and services offered by other
shops
.
For example
, Forever21 has undergone closure in some cities because of the emergence of other retail
shops
competing for the same services they are providing.
Secondly
, because of the current
situation
Add a comma
,situation
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we are in, people's purchasing power has declined recently due to the pandemic. The reason for
this
is: getting laid off or fired from work. With
this
, an individual's capacity to buy from high street
shops
is affected. Thereby, reducing their expenditure on
stuffs
Change the wording
stuff
kinds of stuff
pieces of stuff
show examples
that are not really necessary,
instead
of buying important commodities that would serve them and save them funds.
As a result
,
shops
will ultimately lose customers and would have a considerable impact on their profits which can ultimately be the reason for
such
closure. In conclusion,
to
Change preposition
apply
show examples
my thinking,
this
trend has drawbacks for business owners because the opportunity to expand their market is lowered.
However
, for consumers,
this
is one way for them to save money and spend it on more essential and basic items.
Submitted by springwaltz92 on

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