The Lost Art of DIY and Its Effect on Retail

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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.

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. 

 

Original Post: http://20plus30.blogspot.ro/2014/10/the-lost-art-of-diy-and-its-affect-on.html