We’d like to wish all our client brands the best of luck when non-essential High Street retail reopens again on Monday. Fingers crossed that the pent up demand for the new season’s styles is strong and that the clothing flies off the shelves.
We don’t want to look back at the last few months – we all know how difficult it has been for the fashion industry especially High Street retail – yet we’re looking forward to these coming weeks with renewed optimism. Why?
- The pent up demand is there
- This new season’s ranges and styles
- People want to experience High Street retail again
- The start of fine weather, even if it is in-between showers and clouds!
For many fashion brands there has never been a better time to test High Street retail or expand the number of their existing stores. Why? The deals on commercial real estate offer exceptional value with cut off clauses and low rent payments that in 2018 would have been thought unthinkable. Moreover, these deals are often in unbeatable locations with proven footfall and retail traffic.
In fact, we’re working with one of our brands now, who we can’t name, to install our retail EPOS systems in a number of their new shops opening across the UK.
This isn’t just us saying it either. Fashion trade website, The Industry, has just published a story about Kurt Geiger opening nine new stores next week creating 50 new jobs in the process. Better still, Kurt Geiger is hoping to re-employ some staff who lost their jobs as a result of concessions in former Debenhams stores being forced to close.
If you’re looking to expand your retail footprint or test High Street retail, i.LEVEL’s EPOS system is fully scalable and integrates perfectly with our stock control system, giving you up-to-date stock levels as well as sales trends in one unbeatable solution. Contact us for more information.
And good luck next week!