When the UK fully emerges from the coronavirus lockdown and shoppers are allowed out again for non-essential purchases, their local high street could be a very different place from the one they left in March. Since the pandemic gripped the nation, a string of big-name retailers have fallen into administration or announced store closures, and some of the shutters that were pulled down may not be lifted again.
The failures of Laura Ashley, Warehouse, Oasisand Cath Kidston did not go unnoticed, but the news stories were, of course, a footnote to other, more tragic, events. And, so far, to those who don’t work for them, their loss has been invisible. But the job cuts at those retailers and other struggling brands, such as Debenhams, will be felt by thousands of families. And in the short term many high streets will be even more scarred than they were before lockdown.
Source: The Guardian