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Amazon opens a guerrilla shop

Graham Watson

20th November 2017

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Has the past week seen a seismic shift in the UK's shopping habits: Amazon are opening a 'guerrilla shop' in London to cope with the increased demand for Christmas goodies on Black Friday, and online retailer, Asos, overtook Marks & Spencer in terms of market value.

The article quotes Matthew Hopkinson, director at retail consultancy Local Data Company, who says “Around 10% of the UK retail stock is surplus to requirements, which equates to about 50,000 stores.”

That is significant - in a sector which is already losing jobs. The question is, how will the High Street react - apart from seeing more cafes, charity shops and pound stores perhaps?

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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