Being a small business owner is like running through landmines at the best of times. One faint misstep can be the difference between success and failure.
And this is arguably truer than ever before. With mega-corporations like Amazon continuing its stranglehold on almost every market, high street stores are shutting at an alarming rate.
And as Covid-19 swarmed across the globe, the Guardian reported that Great Britain’s high streets lost more than 17,500 chain store outlets in 2020.
In an interview with the Guardian, head of consumer markets PwC Lisa Hooker said, ‘The full extent will be revealed in the coming months as many of the [company restructures] and administrations in the early part of 2021 still haven’t been captured, including department stores, fashion retailers and hospitality operators that will leave big holes in city centre locations.’…Continue reading