Re-inventing the Wheel….Retailers do it all the time ……

An Original Wheel
An Original Retailer

I’ve got to say, whilst both concepts remain little changed in their function , the ancient retailer, in many ways, resembles the modern version much more than that of the original wheel.

Whilst aesthetics and the use of the wheel has undergone massive changes, basically the retailer does exactly the same as they would have 2000 years ago and more. They buy something and then sell it. Meanwhile, the wheel has undergone multiple transformations. It is no longer just about shifting stuff , it enhances power, tells the time (cogs), controls movements (steering wheels ,Ship’s wheel,) ,Chinese revolving wheel tables to name just a few. The Retailer still buys then sells.

But, of course , it is not quite that simple. Since the early 1900’s retail (especially within the U.K. & the USA ) began to change dramatically. In 1901 Michael Marks and Tom Spencer started to roll out their first joint venture under the Marks and Spencer banner and consequently the beginning of the ubiquitous British Chain store . Between 1931 and 1939 Jack Cohen expanded from 1 store to 100. In 1903 John Sainsbury opened his first grocery store (the very first general store was opened 1869) by 1928 there were 128.

In the 1950’s the concept of the Supermarket started to emerge, followed by Superstores, Discount operators , Convenience Stores , Mail order catalogues, even Boot Sales and eventually through to Online Retailers. All these were evolutions that would change retailing, and in the view of some eventually kill the High Street, independents and market traders. There is,of course, an element of truth in that view. But it is not the whole picture . By 2020 there were still over 300,000 retail outlets employing 2.9 million people.

So, What now ? Oh yes, we have Amazon Shops ! And what the f…!(…=acebook) we are now going to get Facebook shops.

Meta, the social media company formerly known as Facebook, has discussed opening retail stores that will eventually span the world, said people with knowledge of the project and company documents viewed by The New York Times. The stores would be used to introduce people to devices made by the company’s Reality Labs division, such as virtual reality headsets and, eventually, augmented reality glasses, they said.

The New York Times Nov 2021

But that is not about the changing wheel. What I have seen since the pandemic (and it is particularly during the pandemic I have seen this emerge) is a new type of independent Retailer that is dragging the High Street into the 21st Century .

During the late 1990’s, early 2000’s the major brewers started to dominate the Pub Scene. The inevitable consequence was a constant consolidation in the number of pubs and beers. So was that the end of the local hostelry ? Not so, there are now nearly 2000 Micro breweries in the UK ,many with their imbibing outlets.

The total number of (gin) distilleries registered in the UK in 2020 grew to over 560 (at least 563)*, up from over 440 (at least 441) in 2019.

WSTA

Street Food Stats: (Dunns Food & Drink Oct 2019

  • Over 6.6 MILLION posts on Instagram with the hashtag #STREETFOOD
  • Mexican is the 3rd most popular ethnic cuisine in the UK
  • Street Food is consumed by 2.5 BILLION worldwide each year
  • 71% of Generation Z like to try new dishes and flavours
  • The street food market is now worth an estimated £1.2 BILLION in the UK
  • 68% felt that street food introduced them to new flavours
  • £198 is spent on food and beverage by festival goers each year

Who would have believed this ten years ago……

There are now 14,727 physical shops in the UK which sell records, CDs, DVDs and Blu-ray, up almost 50% on last year, according to research by the Entertainment Retailers Association (ERA).8 Mar 2016

This is a six year old figure but there are no suggestions to show that this has changed much.

UK vinyl sales have continued to climb in the UK despite the dramatic impact of COVID-19 on the music industry. 

New figures from the Entertainment Retailers Association – who manage Record Store Day in the UK – reveal that last month’s RSD ‘drop’ on August 29 saw vinyl sales rise 3% year on year with 2.7 million units sold so far in 2020. 

Rob Copsey Official Charts

Since the easing of various lockdowns, I have been able to restart visiting towns throughout the UK. There is change (retail) afoot. There is evidence of more individualised independent retailers of all types offering different product in a much more professional manner . Perhaps it is the Hipsterisation of many town centres eg Brixton, & Hackney in London, Salford in Manchester, The Quays in Liverpool ,Glasgow’s East End, and areas such as Handsworth in Birmingham. There is a new vibrant feel. As such, it does create a dichotomy. That is to say these changes are coming at the behest of the middle classes. The poorer areas of towns and cities are not going to attract the entrepreneurial retailer. And that is very clear from seeing some of these areas where there are loads of boarded up shops. Yet, there is always hope, as landlords will start looking at their rentals and encourage these entrepreneurs with much more competitive and attractive rates. I digress.

Over to Ari…..

Aristotle November 2021

Our ancestors invented the wheel and it remain unchanged for a long time. The opportunists saw other possibilities so the wheel went from this …….

This image has an empty alt attribute; its file name is img_8131-1.jpg

To this….

Formula 1 Steering Wheel

Retailing has gone from this …..

This image has an empty alt attribute; its file name is img_8132.jpg

To this….

Less Change, more Innovation

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s