How COVID-19 Has Changed the UK Retail Landscape
HIGHLIGHTS FROM THE LOCAL DATA COMPANY’S RESEARCH ON RETAIL TRENDS ACROSS H1 2020
The Local Data Company is the UK’s most accurate source of data and insight on the GB retail market. We are the only company to use field research methodologies to capture information about the changing store landscape in near-real time. We publish extensive research on change in the sector every six months which is made publicly available. Our H1 2020 report has been much anticipated with the reporting period spanning the first months of the COVID-19 pandemic including lockdown which saw 80% of the retail and leisure market close temporarily. We analysed 400k units across 1,200 towns to understand the initial impact of the pandemic with interesting results, a few of which I’m going to discuss here.
This article was also published in The Retailer, our quarterly online magazine providing thought-leading insights from BRC experts and Associate Members.
To find out more about Local Data Company and the services they provide to the retail industry, click here.