Retail sector: has Christmas killed the high street and the outlook for 2021
Retailers that have lived to see 2021 will remember 2020 as the worst year the high street has had in the last 25 years with just short of 180,000 retail job losses. COVID-19 is exacerbating the divide between online retailers and the legacy of the “bricks and mortar” businesses who have struggled to establish digital routes to market. So, what will 2021 bring for one of the hardest hit sectors during the COVID crisis?