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Retailers face battles on multiple fronts after post-lockdown boom subsides

May 17, 2021

Via: Charged
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Despite the expected boost from non-essential retail and hospitality reopening, the UK is on the cusp of worrying labour shortages as a result of the pandemic and Brexit.

The reopening of non-essential retail has seen footfall rise 300 per cent in recent weeks, generating a much needed boost for the high street.

The economy is also expected to enjoy a much needed boost in the coming days amid forecasts that consumers will spend billions in the first week of indoor hospitality reopening.

Figures from VoucherCodes and the CRR estimate that venues will seat 13.6 million customers between today and Thursday, spending a collective £297 million.

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