Last week brought the end of shopping restrictions as retail returned across the UK. Sadly, the second lockdown did more damage than we ever expected as high street retailers suffered a double blow of not only the pandemic, but online competition.
Even as lockdown eased, the industry suffered the harshest of blows as Arcadia and Debenhams collapsed, putting 25,000 jobs at risk in less than 24 hours.
This is going to hit everyone hard. Have we really considered the long-term impact this will have on our high streets, which form the lifeblood of our community?
It goes beyond the demise of retail. There is a detrimental knock-on effect on hospitality, leisure, offices and homes, too.
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