Published Wednesday, 08 February 2012
The seaside County Down town has experienced a decline similar to many medium sized towns in Northern Ireland over the last 10 to 15 years.
Out of town retailing means the town centre is not what it once was.
The Department of Social Development want the queen of shops to usher usher in a new era of wealth and prosperity on our high streets.
Red Berry Cafe owner Glynn Orchin explained what a big part of the problem is - people are spending less money.
He said: "Although we still have our customers coming on a regular basis, day in day out, they are actually holding back on what they are spending.
"Maybe instead of going to the restaurant for a meal, they will come to the coffee shop and maybe having a coffee but maybe not having the tray bake they would have had in the past.
"We've definitely seen people holding back on what they are spending at the moment."
A master plan for the town was approved last summer by the Department for Social development and local stakeholders.
Evan Ward of the town's Chamber of Commerce said that more needs to be done to reverse the decline of recent years.
He said: "We have seen Bangor and other towns go downhill badly over the last ten to fifteen years.
"We do need help, there has already been something done to help rates but that's in the very small businesses. Small to medium businesses need help with the rates too."
Stephen Dunlop of the Association of Town Centre Management said the town could really benefit from the involvement of shopping guru Mary Portas.
He said: "We would like the Department of Social Development to invite Mary Portas over to be the lead speaker at a regeneration conference.
"It would have significance for all of Northern Ireland, not just one location because the problems that we face, that she has highlighted, affect us all."