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British retailers open store doors after lockdown



The end of the third lockdown brings both a wave of optimism for the retail industry and several questions.
London Piccadilly photo - Depositphotos

During the quarantine, now the third since the pandemic began in the U.K., all stores selling non-essential products were closed. On Monday, April 12, they started their business, and retailers expect an influx of customers. However, the industry is also facing some rather complex issues. 

With shoppers staying home, their habits have altered in many ways, and now retailers have to take that factor into account and change their established practices. The growth of online shopping has led brands to focus more on their online presence and expand their direct and virtual interactions with customers in creative and creative ways. Stores are also looking for unconventional ways to give customers a sense of security while shopping. 

An example of this new approach is Selfridges' planned opening of an outdoor fitness studio. Unusual methods include offering vegan snacks in designer Stella McCartney's store. Burberry encourages shoppers to make appointments in advance and provides a range of additional services for customers, including concierge service and free delivery. Customers in Mulberry's luxury stores will have the perk of personalizing their purchases, an option expected to draw customers to physical stores. 

However, consumers may never fully return to physical stores after experiencing online shopping convenience can play a significant negative role. Suppose customers buy products from a particular brand online, and physical purchases account for only a tiny sales share. In that case, accordingly, the cost of such sales will increase, and prices in conventional stores may steadily creep up. 

More about shopping malls in the United Kingdom



YESTERDAY, United Kingdom:
Two years after Philip Morris announced its plans to expand the British chain, it has become known of its intention to close it completely.
YESTERDAY:
Those who have not been vaccinated will not access public spaces, such as government offices, restaurants, and shopping malls.
DAY BEFORE YESTERDAY, United Kingdom:
The chain of luxury department stores, founded in 1909, may change ownership.
Jul 20, 2021, USA:
LVMH will acquire a controlling stake in Off-White, with its founder retaining 40%.
Jul 20, 2021, USA:
The iconic lingerie brand announced its intention to open three retail outlets with a new format this autumn.
Jul 19, 2021, Spain:
Amid the surge in the online retail model, Inditex is betting on a hybrid model that combines traditional stores and online ordering options.
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