The retail sector, HMV and the public sector strike

This is not a political piece, but more of an observation of how much of an effect the public sector strike may have had on the high street spending.

For me, it looked very much like the kick start that many retailers were hoping for. I can genuinely say, that I have not seen HMV as busy as it was on Wednesday this week for some years. It was like Christmas eve in there with people grabbing almost anything with locust like avarice. They did have lots of multi buy offers, (two for £10 etc) but it was buzzing.

Disappointingly for them, the brand new technology section, seemed to be the only area you could bring your cat for a fast look around. It was their CD’s, DVD and overpriced computer games that were doing well. I was a bit peeved to find they had gone back to their policy of a higher price in the store to online, for the one thing I had gone in for.

Traffic in Nottingham was almost at gridlock from around 10.00 until well after 18.00, again a Christmas norm, but unusual, even on a Saturday.

So whilst many were complaining and many were clearly striking, there will have been a very marked positive retail effect, that few probably expected and many, many will welcome.

Maybe its the glimmer of hope the economy needs.

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