Restrictions are easing from the Covid crisis

Many stores have been shut for nearly two months across Australia and as the number of infections decrease, state governments are slowly reducing the restrictions that are currently in place.

Retailers across the country are cautiously optimistic and chomping at the bits to start opening again. Big chains such as Myer have signalled that they will open a number of key stores across the country and will gauge from the response when they will open further stores.

Retailers are not expecting people to flood back into their stores and fix their financial problems as many will still be cautious and hesitant to physically into a shop. The Covid crisis has cost the jobs of millions of people and as a result, consumer confidence has been crushed which affects retail spending the most. Clothing retail is also affected by the Autumn inventory that they are holding onto which they are unable to sell in the quantities that could when they were able to open.

No one in the retail industry is immune from the chaos caused by the Coronavirus. Landlords, suppliers and service providers are all pushing and pulling each other during this time with no winners in the situation.

Early signs as lockdowns ease are that customers are slowly returning to the stores but the nervousness of the economy at this time prevents them from over spending.

Online stores such as Beginning Boutique are doing well as everyone shops from home. Get a Beginning Boutique discount code to save on your purchase.