If we really want to build back better, we need to revitalise our retail sector
From our UK edition
The pandemic has had a detrimental impact on the UK’s retail sector. While e-commerce has boomed during lockdown, bricks-and-mortar spaces have suffered. As we look towards economic recovery, we need to make sure that our shops are here to stay. Increasing consumer spending power, bringing consumers back to our high streets, embracing new technologies and sustained government economic support are just some of the ways that we can build our retail sector back better. The past year and a half has exacerbated the existing challenges that the industry has been enduring, such as the huge rise in online shopping and the bedding down of Brexit-related changes. According to the Office for National Statistics, the total volume of retail sales in Great Britain fell by 1.