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Riverside Coming To Your Hight Street!




Riverside Coming To Your High Street



This year at Riverside Networks we plan to bring our technology to your High St as we launch our new retail franchise in the UK.

As always Riverside Networks has been a head of the curve regarding the geographical landscape of change as specialists in intelligence gathering for our industry and beyond for clients.

We have carefully studied the retail sector now for a number of years and seen the transitions taking place. We have especially been pro-active these past three years regarding this part of the industry sector for UK plc and taken the trouble to point out to both Government and Banking the problems looming.

Today's figures for the retail sector in the United Kingdom only confirms our warnings of before and the information we have gathered. The retail sector has performed its worst since records began over 17 years ago and with an actual quarterly contraction from the previous January in 2011 of 2.6% this year in 2012.

High Streets in the UK are becoming less attractive as more stores close and on average throughout the UK there are now vacant premises on average of 14%. However in relation to densely populated city areas. If you removed these from the UK average the figure drastically increases to around 26%. Stockport High Street on the outskirts of Greater Manchester has 30% vacant premises.

The retail sector therefore has never been so stressed in its history and many have to take ownership and responsibility for these results and local authorities with excessive waste and increase in council business tax are the main culprits and a close second is property speculators in the commercial rented sector. The VAT increase had a significant factor also in the past twelve or so months and in addition to excessive parking costs charged by councils the emergence of on-line trading has had a significant impact. Out of town retail has also diluted consumer intensity and large superstores that over time affect local areas as traditional community retailers are unable to trade due to the competition from these giants and as a result creating more closures and unemployment.

From the day Riverside Networks set out on its voyage of enterprise, it was designed to create a new environment for business and trading where it encompassed the key staff and community. Modern business has to understand you cannot just take but have to maintain communities and therefore put something back.

So in the coming 12 to 24 months we want to bring to your High Street and others our new retail stores for technology. Our aim is to work with local authorities and create employment opportunity for our younger members of society and at the same time our more senior members who have worked all their lives and now find their careers ending in the public and private sector due to cut backs.

We are endeavouring to work closely with our new bankers Santander and have already suggested introductions to the banks business sector arm for interested parties seeking to take a franchise.

Our aim is to merge modern day technology with traditional retail. Taking the very best from both to deliver a service in retail that is very unique and the future way in retail. Interested parties can learn more here!

Written by:
Alastair R Agutter
2012-02-07



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