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With River Island closing 32 stores, the high street continues to fall – maybe that’s a good thing?

James Wright by James Wright
16 March 2026
in Opinion
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In 2026, High Street chains are continuing to close due to a lack of consumer spending power and the move to online shopping. River Island plans to shut 32 of its stores this year. And there were 30% less High Street stores in 2024 then there were in 2014.

But maybe that’s a good thing? Arts venues, independent outlets and community spaces could replace Big Brand consumerism, turning the centrepiece of towns from dull shopping centres to vibrant creative development.

The number of grassroots music venues (GMVs) is still shrinking, but they are making a comeback – unlike High Street chains. That perhaps shows an appetite for the move away from such consumerism and towards creative nourishment. In 2025, the number of GMVs shrank by just nine, the lowest since 2018. Half of GMVs make no profit.

Questionable losses

The thing is, charity shops and stores like Poundland are also closing. Low income people rely on these places for basic goods. While the existence of charity is a sign the system isn’t working, it’s better than nothing. Cancer Research UK plans to close around 90 of its shops by May. At the same time, the government can always take a stake in such necessary outfits, lowering prices and reducing inflation. It can also provide more funding towards cancer research, a disease responsible for over a quarter of all deaths in the UK.

Your town, your choice?

The direction of the town centre could be delivered through people’s engagement with the city council, making each town different rather than endless boring chains in every part of the UK. While Neighbourhood Planning is already a thing, big capital often takes priority under the current system. Another issue is people are too busy working long hours on low salaries.

We can do better than our town centres consisting of people working retail hours on the minimum wage in grey, lifeless buildings. They should be places of excitement, varied education and community, but spaces that still recognise the individual. Pubs and cafes, definitely – but also arts venues, independent stores, and grassroots spaces.

Featured image via the Canary

Tags: economics
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Comments 1

  1. Nina gosling says:
    3 months ago

    An inspiring vision of what our town centres could become 🙏

    Reply

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