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Sunday, October 26, 2014

The lost art of DIY and its affect on retail


One of the UK's largest DIY, for the younger reader that stands for "do it yourself', retailers announced this week that it was shutting a quarter of its retail outlets in the next four years.

The stated reason was that young people cannot/don't want to do their own repairs and decorating.

Now this rings a few bells and sounds like a partial explanation but I think there are other contributing factors. For instance, young people are not getting their own properties until much later in their life and I suspect the retail sector has got fat and happy and over-supplied the market.

If you have a subscription to the Telegraph you can read the full article here.

Anyway, it makes an interesting example of where generational change might be having a radical impact on the retail channel. Dick Stroud

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