June 30, 2021

The impact of COVID-19 on the retail industry

The world is facing an extraordinary crisis. The COVID-19 pandemic has sent shockwaves throughout global communities, dislocated international supply chains and triggered steep selloffs in financial markets. It has already become clear that the high street will take on a very different form once the pandemic is over. Weaker players will, unfortunately, cease to exist, leaving behind a smaller but more resilient sector that have acted fast.

For our report series, we partnered with Retail Economics, to provide new data-backed insights analysis into the extraordinary crisis sweeping through the retail industry, based on economic modelling, financial analysis and consumer panel.

The Shape of Retail: The True Cost of Online

The Shape of Retail: COVID-19 and the future of retail supply chains

The Shape of Retail: Consumers and the new normal

Surviving the cash crunch

Related Insights

U.K. retail profits to shrink by £8 billion by 2025

A new report by global professional services firm Alvarez & Marsal (A&M), in partnership with Retail Economics, estimates that U.K. retailers will see profits fall by £8bn by 2025, a result of the seismic shift to ecommerce brought about by the COVID-19 pandemic.

Retailers to on-shore £4.2 billion¹ of products to the U.K. over the next 12 months as COVID-19 resets supply chain strategies

A new report by global professional services firm Alvarez & Marsal (A&M), in partnership with Retail Economics, estimates that more than £4.2 billion of products will be on-shored to the U.K. by retailers in the next 12 months. This would represent a significant fillip to U.K. manufacturing, being equivalent to the country’s entire current clothing manufacturing output².

17.2 million¹ U.K. consumers expected to make permanent changes to their shopping habits

A new report by global professional services firm Alvarez & Marsal (A&M), in partnership with Retail Economics, estimates that 17.2 million British consumers plan to make permanent changes to the way they shop, as perceived risks of contracting COVID-19 at physical stores redirects spending into online channels.

Every major non-food retailer is operating in negative cashflow

A new report by global professional services firm Alvarez & Marsal (A&M), in partnership with Retail Economics, has found that more than half of the U.K.’s major non-food retailers will deplete their entire working capital should the Covid-19 lockdown continue through the summer.

Thought Leadership

Atento: The Final Restructuring Plan of 2023 – A Case Study

February 22, 2024

A&M Restructuring team was engaged to support Atento in establishing the relevant alternative scenario required for the restructuring plan proceedings and to estimate the likely returns to stakeholders under this alternative scenario.

Press Releases

Alvarez & Marsal appointed administrators and facilitate the preservation of over 100 jobs at independent construction business

July 12, 2022

A&M’s joint administrators Michael Magnay and Mark Firmin save over 100 jobs at an independent construction business, Brymor Construction Limited. Read the full press release.

Thought Leadership

Alvarez & Marsal India: Insights on Insolvency & Bankruptcy Code (IBC)

October 20, 2021

Alvarez & Marsal India Insolvency & Bankruptcy Code (IBC) Insights

Press Releases

BSG Resources Limited (in administration)

December 11, 2020

Prior to joining A&M, Mr Moro issued a legal opinion (the ‘legal opinion’) in his name in connection with an engagement by the Israeli businessman, Benjamin Steinmetz. The legal opinion has been subject of recent coverage in the Brazilian media. In the light of this coverage, A&M wishes to make this clarificatory statement. The legal opinion is not an opinion of A&M and it has not become one by reason of Mr Moro joining A&M.

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