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Why are the shops on the street closing down one after another, but the restaurants are developing very well?

The main reason is that everyone wants to eat, and now shopping is habitually done online, which has caused a great impact on physical shops. Another reason is that there are a large number of shops, and the prosperity of real estate has caused many shops to be vacant, and often new squares are created here and there. Although shops are vacant, shop rents are not cheap, shop rents are high and business is not good, so many businesses naturally do not insist.

Walking on the street now, we can see that the shops selling clothes or other appliances are very bleak. No one patronizes them for a long time, but the restaurants are very prosperous. Many shops even queue up, which actually shows that people's consumption habits have changed. When they go out shopping, they prefer to go shopping instead of spending money in the shops. But now many shops selling clothes still have business, but they are not so good.

Due to the impact of e-commerce, the prices of many physical stores are actually not high, and even some stores are cheaper than those on the Internet. However, because people habitually go online to buy, and there are many shopping festivals in e-commerce, there are often some full-reduced activities, which makes people feel like they are taking advantage of it, so they may go shopping in physical stores, but they will not place an order, which leads to very low income of physical stores, coupled with high rents, and insist on it.

In restaurants, such as food stalls, such as breakfast shops, everyone needs it. Moreover, modern people have a fast pace of life, so they may not like to cook by themselves, because cooking by themselves is time-consuming. Sometimes they are very hungry after work at night, so they can't wait to cook by themselves, so they will go to small shops on the street to solve it. If there is breakfast, they don't have time to cook in the morning, and everyone wants to sleep more.