How COVID-19 accelerated the restructuring of UK retail
Beyond the Pandemic?: Exploring the Impact of COVID-19 on Telecommunications and the Internet
; : 135-151, 2023.
Article
in English
| Scopus | ID: covidwho-20244630
ABSTRACT
COVID-19 accelerated change within the UK retail market. It encouraged the growth of online shopping, providing the necessary demand for grocers to invest in their operations, and transformed the economics of their businesses. As innovative new business models emerged, some existing retailers collapsed leading to significant changes on the high street. Landlords were also affected. As some retail tenants struggled to pay their rents, other parts of the sector prospered and sought additional warehouse capacity to cope with rising demand. Not only does this illustrate how different parts of the retail sector faired during COVID-19, but it also demonstrates how the move online has resulted in the emergence of new opportunities. © 2023 the authors.
Full text:
Available
Collection:
Databases of international organizations
Database:
Scopus
Language:
English
Journal:
Beyond the Pandemic?: Exploring the Impact of COVID-19 on Telecommunications and the Internet
Year:
2023
Document Type:
Article
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