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Retail Week

Live updates: Retail’s big reopening as Covid restrictions ease

Live updates: Retail’s big reopening as Covid restrictions ease

The lights are being turned on again, three months after many stores went dark for the third lockdown as Covid gripped the country.

  • abril 09, 2021
  • min read

Retail Week

Live updates: Retail’s big reopening as Covid restrictions ease

Flight to value likely:

There will be “a revived focus on value as consumers start to experience a weakened economy, potentially changed job/financial security outlook and a reopening of ways to spend”, according to Bain & Company partner Anna Thal Larsen. She said consumers “will also look to rebalance their discretionary spend across shopping and leisure/experience options as further restrictions are eased post-April 12."

Retail Week