Worrying downward trend of high street retail
The news that hmv has called in the administrators follows the untimely demise of Comet and Jessops.
I remember the 80s for many things but the multi format wars of records and CDs and an ability to have my favourite song in a picture disc or posterbag was a highlight. A highlight that used to drive collectors down to their local HMV (or Bradley’s or virgin megastore)
Everyone can remember the various incarnations of the Frankie goes to Hollywood singles
that drove collectors to these stores and.undoubtedly drove sales and footfall t0 these stores, the subsequent decision by chart compilers to restrict choice by excluding multiple formats in the charts, had an ill thought side effect of restricting sales, whilst not suggesting there was a conspiracy the record companies should have thought this through properly.
Whilst it’s never been a better time to have an online presence I hope that retail high street stores will survive this awkward downturn.