The coming retail dichotomy: A tale of two halves

The pandemic and the increasingly adverse macroeconomic environment are leading to economic polarisation and retailers will need to devise new strategies to tackle the difficult times ahead.

Existing income disparities in the UK have been exacerbated by the pandemic and will be widened even further by benefit cuts, planned tax increases, energy prices going up and inflation rising faster than pay.

For brands that means evaluating what they...