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Spend, Spend, Spend.

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Introduction

Spend, Spend, Spend Carl Gardner has lifted the lid on the new designer buildings that have sprung up across the country. He describes their interiors as sophisticated and spectacular, with glass atria, glazed barrel-vaults, polished steel, mirrored walls and marble floors. They often have "drawbridges" spanning the central openings, and glass elevators to each floor providing an excellent opportunity to admire the surroundings. The environment is controlled by huge heating systems and air conditioning to provide the perfect place to be all year round. At first glance you could mistakenly think that a glut of swish hotels would soon be coming to a town near you, but what he was actually describing was the huge investment being put into, and huge profits being gained from, the publics new leisure activity. ...read more.

Middle

co-written by Ken Worpole to offer up some argument against this type of centre, only to knock most of them down with his own arguments. Worpole predicts the death of the high-street due to large out of town retail schemes and rising bitterness between those who can afford to support their retail "habit" and those who cannot. He believes this will lead to an increase in crime and uses strong words to make his point when he states it could "pose tremendous danger to the quality of civic life". Gardner points out that the death of the high-street has been predicted for many years and has, as yet, failed to happen. In fact the opposite may be true as retailers and councils realise that if they want to keep some of the trade they must themselves invest to improve the local areas. ...read more.

Conclusion

The retail boom has also been helped along by the ease with which credit is now available, not only through banks, but with most stores offering their own credit cards. There seems to be less of a link between waged income and "must have" commodities than ever before, as the trend is set to buy the most up to date items. Unemployment seems to have had little effect on the retail market as people feel the need to buy anything, it doesn't seem to matter what, just as long as you're not seen to be one of the "have nots" by the "haves". With retail growth for 1985 a mere 1-1.5% and the chance of higher interest rates on the horizon after the Christmas spending spree, it seems the country may be slipping from the "boom" to the "bust". Word count: 732 06/05/2007 Kristine Batley 1 ...read more.

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