GCSE Business Unit 1 and AS Economics and AS EconBus: Enterprise in the High Street

Britain's High Streets are changing - for two reasons. Firstly, our shopping habits are changing. Some high street shops have gone out of business. Others have openend up. Secondly, the recession has caused a rise in shops selling "inferior goods" - those with a negative income elasticity of demand. This news item from the BBC shows which shops have opened and which ones have shut.