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Thousands of new stores set to open on local high streets in next year

Thousands of new stores set to open on local high streets in next year
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Britain, free of COVID curbs, could see revival of local stores - Barclays

Reuters 2 minute read People shop in Selfridges department store on Oxford street, as the coronavirus disease (COVID-19) restrictions ease, in London, Britain April 12, 2021. REUTERS/Henry Nicholls July 22 (Reuters) - Britain s retailers could open thousands of local high street stores over the next 12 months as people start to step out again after months of coronavirus curbs, according to research from Barclays. With home and hybrid working patterns expected to continue into 2022, a quarter of consumers surveyed by Barclays say the best way a retailer can attract them is by opening stores in their local area rather than in city centres. E-commerce has been the undisputed winner of the pandemic but not far behind are community high streets, as shoppers seek to look local and support the stores on their doorstep, Karen Johnson, the head of Retail and Wholesale at Barclays Corporate Banking, said on Thursday.

Local high streets to see boom in new stores due to hybrid working – report

Local high streets to see boom in new stores due to hybrid working – report 22/07/2021, 12:07 am Local high streets could see a boom in store openings due to more people working at home. (David Parry/PA) Local high streets could see 17,000 new stores open over the next 12 months as retailers look to take advantage of new hybrid working models, according to research. Barclays Corporate Banking found that consumers have returned to physical stores with confidence since restrictions began to ease, with 68% saying they have felt safe, or very safe, to return to the high street. While there has been a boom in online shopping during the pandemic, 40% of shoppers said they plan to increase their in-store spending, a survey by the bank found.

High streets could see 17,000 new stores open over the next year

High streets could see 17,000 new stores open over the next year Customers look set to return to shops as lockdowns end Customers are returning to shops There are always big stories on WalesOnline - don t miss any with our daily emailInvalid EmailSomething went wrong, please try again later. Sign me up now We use your sign-up to provide content in ways you ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time.More info Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice

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