There’s a consensus among many that hospitality, transport and other Covid-affected sectors will eventually recover from the shock of the pandemic, however scarred those sectors might be. The scale of the policy supports offered by government, the scope of income and turnover replacement schemes, and the reduction in company liquidations suggests households and firms in these affected sectors can weather another six or even twelve months of hiatus. The sector many commentators express much more uncertainty about is retail. Already disrupted by technological changes, supply chain issues, and the incursion of giants like Bezos’ Amazon as competitors, there is no…

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