That rates thing is an absolute killer and another example of Gideon doing alright by his rich mates while shafting the little guy – stopping the revaluations has meant:
Prime retail locations (big shops in affluent places) have avoided a big increase in costs while sub-prime ones (where the last valuation was significantly higher than the current, post-downturn, post-sucking-the-life-out-of-town-centres market rents) are still paying high rates based on valuations that are significantly out of whack with the reality.
CRC,Wiggle and the Germans are cheap but they’re killing your local bike shop.
No, CRC, Wiggle and the Germans are not killing your local bike shop, customers choosing to not buy are the ones doing that.
You can make a choice. I’ll buy stuff from my LBS that I know I could get cheaper online, but I also know that if I break something on the Saturday morning of a bank holiday weekend, Wiggle et al won’t be able to get me back riding that day, but my LBS might well be able to (and have done before now, in that exact scenario).
Plus I’ve seen 2 Starbucks & a Greg’s close.
Don’t read too much into that, it’s part of their (certainly Starbucks) strategy. It’s got some name I can’t recall, “grand encirclement strategy” or somesuch, it goes something like this:
Starbucks comes to your town / city. Rather than working out what is sustainable, they open an outlet in any and every suitable location they can get, flooding the market. The local independents can’t compete and close down. Starbucks have now grabbed the market and close the excess stores, keeping the profitable / sustainable ones.
Subway have also done this with great success.