Mar 11, 2021
Finally, the roadmap for lifting the current (and hopefully
final) lockdown in England has been laid out and there’s plenty to
review, analyse and dissect. With non-essential businesses being
given the green light to reopen on April 12th there’s a lot of
things to consider - whether that’s pivoting from online sales to
shifting your focus back to your physical store or trying to get
your head around the new post-Brexit EU shipping regulations. It’s
been a tough start to the year in general for retail, but
projections suggest there’s cause for some optimism moving forward
into 2021.
In episode 32 of The Resilient Retail Game plan, I run through what
we do know about the conditions set out by the government relating
to retail, the questions that remain and the themes and forces that
are shaping the industry in 2021. We’ll discuss how the £125
billion pounds currently held in savings could translate to strong
consumer spending once things return to normality; I’ll cover the
relief packages, grants and assistance available to help you with
reopening and covering your rates; and I’ll also detail how the
growing desire for consumers to support small, independent and
local businesses should see retailers like you secure a bigger
piece of the consumer spending pie.