Online competition 'too hard to deal with'  header image

The impact online businesses are having on their bricks-and-mortar counterparts has been underlined in Henley-on-Thames after a local wool shop, Black Hills Yarn, closed down because of an inability to compete with internet-based firms.

Penny Cole, the shop's director, told the Henley Standard that the lack of overheads and business rates means companies that use satellite broadband or other services to set up an ecommerce operation tend to perform better than those on the high street.

She intends to move her own business online as soon as she can find someone to take the lease on her shop.

"The big chains seem to manage on the high street but they do a lot of online sales - their shops are really showrooms," said Ms Cole.

Research from Postcode Anywhere - a site that helps people find out addresses - recently revealed that online purchases look to be increasing in the UK.

Posted by Mark Wynn