All the latest UK technology news, reviews and analysis

Weep for HMV and Blockbuster if you must, but your business might be next

24 Jan 2013
V3 reporter Dan Worth

The high street as we know it is closing. Since the turn of the year major retailers Jessops, Blockbusters and HMV have all gone bust.

This has led to great outpourings of sadness and nostalgia for their demise, with many reminiscing about the first CD they bought at HMV, their first 50p VHS rewind fee, or the first time a camera salesperson gave them an exasperated look for daring to ask a question.

I, though, won't be weeping for these closures. It is, naturally, a very sad day for the employees, and I feel for anyone cast into the New Year with an unexpected job search against thousands of other unlucky souls.

But, the times are changing. Anyone working for such stores should have been expecting such an announcement for a while now. All around them the internet has encroached and eroded their business, openly and brazenly.

I, like many others, would occasionally wander into HMV, look at the products, spy something I liked, grab my smartphone, Google it, find it on Amazon or similar for half the price and order it there and then. Sometimes while still in the shop. I believe this is called "showrooming".

I'm aware that I'm part of these high street stores' problems. And I have, albeit at a cost to myself, restrained my showrooming activity with a concerted effort to try and buy from local shops and avoid ordering from Amazon all the time - but such actions are mostly futile gestures against the web.

The web has changed everything. Any advance in technology changes things and the lesson from history is that any advance in technology that improves our lives will win out. The web is no different.

In the fact it's probably the most far-reaching, rapidly evolving, world-changing technology we've ever invented.

As such, the real debate that should arise from the demise of long-standing retail giants is not why they failed (it's the web economy, stupid), but who's next for the chop.

  • Comment  
  • Tweet  
  • Google plus  
  • Facebook  
  • LinkedIn  
  • Stumble Upon  
Dan Worth

Dan Worth is the news editor for V3 having first joined the site as a reporter in November 2009. He specialises in a raft of areas including fixed and mobile telecoms, data protection, social media and government IT. Before joining V3 Dan covered communications technology, data handling and resilience in the emergency services sector on the BAPCO Journal

View Dan's Google+ profile

More on Web
What do you think?
blog comments powered by Disqus

Tech gifts for Christmas 2014

Is a new tablet on your wish list this festive season, or have they become yesterday’s fad?

Popular Threads

Powered by Disqus
iPhone 6 is available in silver gold and space grey

iPhone 6 video review

The best iOS handset to date

Updating your subscription status Loading

Get the latest news (daily or weekly) direct to your inbox with V3 newsletters.

newsletter sign-up button

Getting started with virtualisation

Virtualisation can help you reduce costs, improve application availability, and simplify IT
management. However, getting started can be challenging


Converting big data and analytics insights into results

Successful leaders are infusing analytics throughout their organisations to drive smarter decisions, enable faster actions and optimise outcomes

Project Manager - Change Compliance - Bank - £55k

Project Manager - Compliance Change - Bank - £55k...

Agile Project Manager - Scrum Master - Start up's

Agile Project Manager - FTSE100 - Start Ups Looking...

1st/2nd Line Analyst - Oxford - Contract

1st/2nd Line Analyst - Oxford - Contract Austin Fraser...

Online Communications Manager - Internal Communications

Online Communications Manager - Internal Communications...
To send to more than one email address, simply separate each address with a comma.