{"id":2591,"date":"2007-03-15T09:26:00","date_gmt":"2007-03-15T09:26:00","guid":{"rendered":"http:\/\/startups.co.uk\/?p=2591"},"modified":"2023-06-16T00:00:00","modified_gmt":"2023-06-16T00:00:00","slug":"how-to-start-a-retail-business","status":"publish","type":"post","link":"https:\/\/startups.co.uk\/guides\/how-to-start-a-retail-business\/","title":{"rendered":"How to open a shop and start a retail business"},"content":{"rendered":"

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Startups.co.uk is reader supported – we may earn a commission from our recommendations, at no extra cost to you and without impacting our editorial impartiality.<\/p>\n <\/div>\n <\/div>\n[\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Amid supply chain issues and horrific rising business energy bills as the cost of living crisis bites, it remains a challenge for the bricks and mortar sector to return to pre-pandemic levels. Retail sales were badly hit during the height of the coronavirus, and many big names have gone bust<\/a> as a result.\n

It’s not all doom and gloom, however. High street footfall in April 2023 surged 7.2%, and a number of savvy retailers have used clever marketing strategies like TikTok and the pop-up shop to capitalise on the return of shoppers including Glossier, JD, and Waterstone’s.<\/p>\n

Wannabe-retailers with a creative mindset and a canny understanding of their costs and potential profits can still find ways to succeed<\/strong>. Our experts have pulled together their experience and knowledge from the past 20 years helping SMEs, to create a comprehensive guide to running a shop.[\/vc_column_text]\n<\/p>

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