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?

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

  • for example
  • for instance
  • to illustrate this
  • to give a clear example
  • such as
  • namely
  • to illustrate
  • take, for example

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