London bike shops closing

Those who work in the industry/LBS what are your suggested solutions to fix this?

Suggestions to fix retail? God knows. Retail doesn't know how to fix retail :)

For bike shops, focusing on services (as they are) and selling niche high value high margin stuff that can't be easily sourced elsewhere. Whilst forming close links with the riding 'community'. Didn't really work for Soho bikes tho - one rent hike or the owner losing interesting and....gone.