Fewer shops more restaurants in city centres

City centres are undergoing a major transformation, with traditional retail increasingly giving way to restaurants and service businesses.

A new study by real estate consultancy Wüest Partner shows that Zurich’s old town alone has lost around 110 clothing stores over the past decade -  a decline of nearly 30 percent. 

Similar trends are being seen across the country, including in Geneva, Lucerne and Winterthur.

As online shopping continues to grow, businesses such as beauty salons, barbers and cafés are expanding into smaller, more affordable spaces. 

Analysts say we're now seeking experiences and social interaction rather than simply shopping for goods.

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