With UK retailers reopening in the wake of the latest coronavirus lockdown, Agile Retail looks at what has changed in the last 12 months and questions how the industry will evolve and survive in the future. They have compiled their findings in their first Industry Briefing, titled, Fixing Retail Stores: 2021 and Beyond.
The past year has had a significant impact on the retail industry – with fluctuating fortunes between online stores and their physical counterparts. Whilst supermarkets and e-tailers have posted record profits, traditional retailers and high street brands have suffered greatly; losing vital footfall and struggling to get a foothold online against more established competitors.
This has resulted in serious concerns about the future of the physical retail...