The benefits are most likely to be seen in local high streets rather than in big cities
17,000 local high street stores could open over next year in UK. Source: pexels.com
According to Barclays Corporate Banking research, 17,000 local high street stores could open over the next year as British shoppers adapt to a post-lockdown world by ‘looking local’.
In fact, British consumers have returned to physical stores with confidence since restrictions began to ease. For instance, 68% say they have felt safe, or very safe, to return to the high street.
Meanwhile, 40% of the respondents are planning on stepping up their in-store shopping over the coming year and 41% say that it is their favorite way to shop.
The research shows that home and hybrid working patterns will persist into 2022 for 44% of workers, with 16% expecting to work entirely from home and 28% anticipating a part-home, part-office model.
At the same time, a quarter of consumers now say that the best way a retailer can appeal to them is to open stores in their local area.
We’ve reported that Argentina starts embracing e-payments over cash.
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