Why It Pays to Shop Local

Next time you’re about to make an online purchase, pause for a second and ask yourself one simple question: Could I buy this locally?

Why It Pays to Shop Local
With retail experts predicting that 15,000 shops could shut for good by the end of 20251, it’s not an exaggeration to say that the UK’s high streets are in a perilous position.
 
So, the next time you need to buy something, be it an everyday item or a one-off big-ticket purchase, consider whether you can buy it from a local shop or market.
 
Here’s why.
 
Help your area thrive
 
To keep the high street alive, we need to use it. On top of the immediate financial benefits, shopping locally helps create a general buzz – thus generating more footfall. On the other hand, if shoppers stay away, more stores shut, creating a wasteland that deters visitors. 
 
Support the local economy
 
A fair proportion of the money you spend with local businesses will go back into your community instead of going into the coffers of a global giant. A recent survey showed that for every £10 spent locally, £3.85 is recirculated within the local community2
 
Benefits community groups
 
Many small businesses support local sports clubs, fundraising efforts and charities. Without their contribution, some of these small organisations – that make a huge difference – wouldn’t be able to carry on.
 
Generate local jobs
 
A healthy local economy means a broader choice of job opportunities for people in the area. Many workers welcome the chance to work close to home and save time and money by avoiding a lengthy commute. 
 
It’s a greener option
 
Locally made or grown produce will have a lower carbon footprint than similar products flown or shipped in from abroad. 
 
More interactive shopping experience
 
Online shopping has its benefits, but nothing compares to seeing a product with your own eyes. It’s also a plus to be able to speak to a real person – not a chatbot – if you have any questions. 
 
Sense of community
 
Bumping into people you know when you’re out and about and chatting to local business owners is a great way to embed yourself in the community.
 
Here at Grey & Co, we’re proud to be part of the Wembley business community. Tell us where you love to shop on the high street. Comment below.  
 
1 Local Data Company
2 Shop Local UK

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Meet Abigail

  Hello, my name is Abigail, and I am the Grey in Grey & Co. I started working here in 2002 as a Junior Negotiator and have worked my way up the ranks since then. I took over running the company in 2014 and have been enjoying the roller coaster that is leadership ever since.   During my 20 plus years at Grey & Co I have dealt with the sale of over £100,000,000 worth of property and overseen the management of assets worth £250,000,000 for clients around the world.   I also had the pleasure of working with my father, the founder of Grey & Co, for 15 years before he sadly passed away and from him, I learnt the work hard ethic and our values today are still the ones that he founded the company on all those years ago.   Be Remarkable, Be Passionate, Be Humble and Be Better.   As a community centric boutique family agency, you couldn’t find a better partner to take with you on your property journey.

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