The coronavirus pandemic is expected to lead to the demise of thousands of restaurants, pubs, shopping chains and other high street businesses, despite the government offering unprecedented financial support and changing insolvency rules to give companies more time to pay debts.
Read the full article on The Guardian website
NAM Implications:
- We are in the midst of the most fundamental trade sector reset in memory…
- …inevitably resulting in the loss of many companies that were already on the brink.
- Leaving the field to those that can accept the new reality, revert to basics of supply and demand…
- …and eliminate/change all else…
