Mansfield District Council have said that the retail sector is facing ‘challenging times’, after it was announced yesterday that 50,000 jobs have been lost nationally in the first half of 2018, largely in retail.
Some of Britain’s largest businesses, including Toys R Us and Maplin have collapsed, with other retail giants such as House of Fraser closing stores.
The problem has largely been blamed on the rise of internet shopping and rising overhead costs of running retail outlets, which is leading to empty high streets up and down the country.
However, MDC have said they are committed to improving Mansfield Town Centre by working on a number of projects to support businesses.
Councillor Dave Saunders, of Mansfield District Council, said: “These are challenging times for the retail sector, not just here in Mansfield but in towns and cities across the country.
“The council provides a range of support, including business start-up, growth and shop front improvement grants, to help reduce vacancy rates and encourage more independent retailers to the town and works hard with BID partners to provide support for established businesses to grow.”
He added: “The council has a long-term commitment to improving the town centre and is working with partners to secure funding for a variety of major projects that will transform the town centre into a High Street to be proud of – a place where people can explore, meet and experience Mansfield’s market, expanding café culture, wide range of independent retailers and evening entertainment.
“These projects include renovating the Old Town Hall to bring it back into full use with new retail units and office space, rejuventating the Leeming Street area, and providing a much-needed hotel on the former bus station site. They all aim to attract new offerings to the town, and, in turn, bring new jobs, an increased number of visitors and spend.”