Originally posted by DontTreadOnMe
reply to post by blupblup
The big corporations and the need for cheap prices are doing more to ruin Main Street IMHO.
People want the latest fad clothes, the cheapest pair of shoes, the newest version of TV dinners.
Indeed, globalisation of the high-street is absolutely killing off retail really... some would argue that it's just the free market and capitalism at
work and survival of the fittest... but I'm not sure.
As I pointed out, many of these huge corporations don't pay their share of taxes and this obviously saves them millions every year. This obviously has
an impact on sales and on the rivals that are paying their share of Corporation tax.
Also it's an issue of competition... if all of the other stores fail and all that is left is the 3-4 companies, one company for clothes, one for
electrical goods, one for food shopping etc, etc.... then what happens?
The only reason that prices are really competitive is just that, competition... well that coupled with, often, tax issues.... but really, all that
will be left in city centres and shopping areas will be megastores.
Best Buy (USA)
PC World (UK)
Plus you'll obviously have the choice eating establishments like
Smaller diners and cafes cannot compete really.
I know there's somewhat of a "resistance movement" going on amongst people to shun these corporations and support the local guys and buy from
companies who pay tax and eat healthily and so on.... but it's not huge and most people are happy to shop at 2-3 stores and eat at these places.
We are absolutely seeing the eradication of the social city/town hubs and shopping areas and while I may not be really affected regarding purchasing
goods, I think we will all lose out in the long run.
The online issue and tax issue are two separate issues really, but when you have a company like Amazon, who is actually involved in both issues, then
I think they're a good example.
They don't pay their share of tax and then because of this, they are able to undercut every single company/store that does pay Tax.
Like HMV in my OP, they are a (primarily)Music & Games store, but when Amazon is able to undercut them by 10-15% on every title, every release and
have everything delivered to your door free of charge, then obviously HMV will struggle.
Obviously online shopping is convenient and we all do it, it's fantastic, I couldn't imagine buying Video games or DVDs or Technology from a shop any
more, but should these companies be able to "immorally" undercut their "physical store" rivals by not paying the same tax that they do?
Many times, to continue to buy the products we have become accustomed to, you need to shop online.
I don't think you can level the playing field...we're talking apples and oranges.
Now, I will buy what I can in stores.
Bread, groceries, meats, toothpaste and such.
But, more and more I am forced to buy online as the stores do not carry brands or products I prefer.
See I haven't actually noticed that in the UK really?
What kind of products do you mean? Which brands and goods have disappeared?
edit on 17/1/13 by blupblup because: (no reason given)