Analyzing the Impact of Changing Shopping Preferences on Society

This essay examines the impact of changing shopping preferences on society, focusing on the decline of high street shops and the rise of shopping centers. The introduction defines the academic purpose and outlines the essay's scope. The main body analyzes the positive and negative impacts of retail development, referencing the UK retail sector's economic contributions and employment generation. It explores the changing consumer behavior, the growth of mixed-use malls, and the factors leading to high street shop closures, such as locational obsolescence and economic recessions. The essay then provides recommendations for revitalizing high streets, including community gathering places and government interventions. The conclusion summarizes the shift in consumer preferences toward large shopping malls and the challenges faced by street shops, suggesting online sales as a survival strategy. The essay uses academic research to support its arguments and offers insights into the future of retail and its societal effects.

ACEDEMIC PURPOSE

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Positive and negative impact of development of society.............................................................3
Recommendation.........................................................................................................................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................1

INTRODUCTION
The academic purpose and its language that is been used in different way in training of
students who are taking higher qualification and gaining their knowledge (Hubbard, 2017). This
report will determine the positive and negative impacts of development of society and their
preference regarding the shopping. The after pandemic choice of people and the reason to close
the street shops.
MAIN BODY
Positive and negative impact of development of society
As per the report retail sector in the UK published by house of commons, (2018). The
retailing sector is enhancing and running in extend period of upheaval. The customer are
changing their preference and buying behaviour as well so the society is being changing with the
retailing industry. The retailing includes street shops, large shopping malls and many more
through which products are being sold out. The development in the retailing sector all develop
different opportunities for the people in the society. As they are contributing in economic with
£92.8 billion are being contributed by retailing sector of UK.
In the market of UK the retailing sector is a big platform for employment generation in
the year of 2017 around 2.8 million. The people preferring to get jobs at large shopping malls as
well as on street shops with this they are able to live their livelihoods. In the area of southern
England 10.5% of people are working in shops and shopping malls. In the current market the
retail industry business of UK is being expanded to 3,19,125 in 5.6% of all business. The
retailing business is also helping to increase the GDP of UK economic.
Currently supermarket are being main element in the market of UK, the retailing
landscape is being totally changed. In the year of 2012 when the supermarket are being expanded
all over UK. As the customer have changed their buying behaviour as they are more preferring
the mixed uses malls. Where they have opportunity to shop, take entertainment services of
cinemas and also the food and barrages outlets are also their at same place. The people and other
consumers are being more attracted with this large mall where all the facilities are available.
According to Hughes and Jackson, (2015) the rapid change in the retail sector most of the
retail locations are now discarded and vacancy rates rises in UK. It had been observe that 46.6
percent of the retailers are identified as failure. Due to economic, political and social
development there is continuous destruction and reconstruction and retail sectors are also

affected by these changes. There is a disequilibrium in the markets of UK which hits the retail
sector. The retailers in UK is affected by the recessions in the economy in UK, increase use of
internet for purchasing and lease expiry. The feasibility of the retail locations and spaces have
changed over time. The main reason for the failure is the locational obsolescence which led the
rental or capital value of the retail spaces to depreciate rapidly. The locational obsolescence is
seen as the loss in value of the asset due to various factors external to the assets. It occurs when
the location of the building turn out to be less valuable and attractive due to lack of amenities and
accessibility to the building. Locational obsolescence are caused due to change in the demand
and planning, change in the population activity in the particular area and many more. There are
other determinants that put impact on the retail sector i.e. economic obsolescence, environmental
obsolescence, and functional obsolescence. This may lead to a circumstances that there is no
feasible use of the retail space for the user, investors or market developers.
Recommendation
According to the report on High streets and town centres in 2030, (2019), the town centres
will be able to survive and flourish by 2030 through adaptation. The retail will become the
community gathering places where arts, culture, health and social services are combined with the
retail locations to create a space where human interactions will be developed. A structural
change will be needed through an intervention of the local authority which is supported by the
cross sector collaboration. The government of UK have established a fund to kick start
developing the high streets and it have been requiring funding and support. Along with it the
local intervention by the central government and retailers are also needed to create a developing
environment to flourish high-streets and town centres. Government as an authority can play a
major role in the intervention and development process. The government will suspend the
permitted development rights (PDRs) which will reduce the impact on the high street. A
recommendation of actions that are to be taken at the local level to back local communities and
support local retailers and to create visionary strategies for the development of high street and
town centres. While retailers to compete and be successful have to focus on providing customer
experience and convenience. Landlords are the stakeholders and are important part in the
development of the town centres. The disequilibrium in the ownership of the properties and
engagement of the landlords are seen to be the barriers of the high-street development. It is being
recommended to that retail locations are used for the new purposes which will be able to

incorporate planned strategic intervention and encourage the engagement of the people within
the high streets and town centres.
CONCLUSION
This report concludes that the preference of people in current market has been changed,
and they preferring large shopping mall for buying their products. The shopper is having
different kind of products in the same place with the availability of other services as well.
Further, concludes that many street shop are faced huge loss due to loss moreover, to sustain
street shops also should sell their products online.

REFERENCES
Books and journals
Hubbard, P., 2017. The battle for the high street: Retail gentrification, class and disgust.
Springer.
Hughes, C. and Jackson, C., 2015. Death of the high street: Identification, prevention,
reinvention. Regional Studies, Regional Science, 2(1), pp.237-256.
Mittal, A. and Jhamb, D., 2018. Determinants of shopping mall attractiveness: The Indian
context. Procedia Economics and Finance. 37. pp.386-390.
Papagiannidis, S. and et. al., 2017. Preferences of smart shopping channels and their impact on
perceived wellbeing and social inclusion. Computers in Human Behavior. 77. pp.396-
405.
Van Kerrebroeck, H., Brengman, M. and Willems, K., 2017. Escaping the crowd: An
experimental study on the impact of a Virtual Reality experience in a shopping
mall. Computers in Human Behavior. 77. pp.437-450.
Jackson, C. and Watkins, C., 2011. Planning policy and retail property investment, Urban
Studies, 48,
11, pp. 2321 2338.
Ramanathan, U. and et. al., 2017. Impact of customer loyalty and service operations on customer
behaviour and firm performance: empirical evidence from UK retail sector. Production
Planning & Control, 28(6-8), pp.478-488.
Törma, I., Griffiths, S. and Vaughan, L., 2017. High street changeability: the relationship
between morphology and demolition, modification and use change in two south London
suburbs. Urban Morphology, 21(1).
Online
High streets and town centres in 2030, 2019. [Online]. Available through
<https://publications.parliament.uk/pa/cm201719/cmselect/cmcomloc/1010/report-
summary.html >
1