Women shopping

6 Reasons Behind UK’s Retail Market Decline

2023 has proved a difficult year for businesses across the UK with the retail sector in particular struggling to find it’s footing between tradition and transformation. This struggle has been brought into the spotlight with the recent collapse of budget retail giant Wilko, who entered into administration on 10th August, 2023, with 400 stores and 12,000 jobs currently at risk of disappearing from the market.