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Motives for mergers in the fashion industry

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How has Covid-19 changed the high street?

Since 2016, more shops have closed than have opened, but has the pandemic contributed to reinventing the high street? As Max Wood explains, working from home, promoting local businesses and lockdown itself have all contributed to the transformation of the high street

business, spending, behaviour

The high street was in decline long before the Covid-19 pandemic began in 2020. Figure 1 shows the ratio of retail stores opening and closing in different regions of the UK in the first half of 2019. The continuous growth of online shopping is certainly one of the main reasons behind this trend.

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Motives for mergers in the fashion industry

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Covid-19 and the NHS

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