Barclays Predicts a ‘Significant’ 40% Increase in In-Store Shopping
- 17,000 high street stores may open this year
- Barclays Corporate Banking’s prediction
- Customers adapting to post-lockdown world
According to Barclays Corporate Banking, around 17,000 local high street stores could open their doors within the next year as customers adapt to a post-lockdown world. The bank predicts that 40% of these businesses are planning on bolstering their in-store shopping experiences over the coming months. This comes as consumers shift towards supporting local retailers and embracing a new era of shopping.
Factuality Level: 8
Factuality Justification: The article provides information from a credible source (Barclays Corporate Banking) and discusses a relevant topic (the potential increase in local high street stores due to post-lockdown consumer behavior). However, it could benefit from more specific details or data to support the claim.
Noise Level: 6
Noise Justification: The article provides some relevant information about the potential increase in local high street stores due to changing consumer behavior after lockdowns, but it lacks depth and supporting evidence. It also does not explore the consequences of this trend or provide actionable insights.
Financial Relevance: Yes
Financial Markets Impacted: The retail and real estate sectors may be impacted as more customers shift towards local shopping.
Financial Rating Justification: This article discusses the potential opening of local high street stores, which could have an effect on the retail industry and potentially the real estate sector. This is relevant to financial topics as it involves businesses and consumer behavior.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the last 48 hours.
www.retailsector.co.uk