Retailers Ask for ‘Shop Out to Help Out’ Scheme for Independent Stores

Written by: Keith Tully

Independent fashion storeA campaign group is calling for the government to create a ‘Shop Out to Help Out’ scheme to provide a financial boost for independent stores.

Most independent stores have been obliged to remain closed to customers for much of the past 18 months but should be able to reopen in England from April 12.

The campaign group is called Save The Street and wants to see a government-backed scheme being used to incentivise shoppers to get out and spend their money on the high street.

The ‘Shop Out to Help Out’ slogan idea is being pushed to associate it with the ‘Eat Out to Help Out’ scheme which allowed registered restaurants to offer 50 per cent discounts to customers who ate in during late summer 2020.

Ross Bailey, a retail entrepreneur, is leading the Save The Street campaign and has so far garnered support for his ideas from the likes of fashion designer Henry Holland and the famous retail consultant Mary Portas.

Mr Bailey has sought to emphasise the importance of government support for independent retailers who he describes as being the “heart and soul of communities across the UK”.

“If the government doesn’t support them now, it won’t just bankrupt thousands of businesses, it will irrevocably damage the society we live in,” he said.

“We need to act now and harness the support, need and love that people have for our high streets. These local businesses during the pandemic have held our communities together.”

Andrew Goodacre, chief executive of the British Independent Retailers Association, has backed the idea of having the government create a ‘Shop Out to Help Out’ scheme and suggested it could be a real success.

“We know the Eat Out to Help Out scheme really brought customers back to hospitality venues last summer, and we are sure that a similar initiative for retail would have the same effect,” Mr Goodacre has said.

“Much of retail has borne the brunt of this pandemic and this scheme would help give a much-needed boost to high streets and consumer confidence,” he added.

Keith Tully

Author
Keith Tully
Partner

Join Keith Tully on Linked In Follow Keith Tully on Twitter

Keith has been involved in Business Rescue since 1992, during which time he’s worked for both independent and national firms. His specialties include company restructuring matters and negotiating with HMRC on his clients behalf.

Meet our Team of Experts
Director Support - Business suffering from Cash-Flow Problems?
If your company is financially distressed, we also offer the below services:
Business debt recovery

  • Recover Unpaid Invoices of £5k+
  • Expert Credit Control Services
  • Stop Late Payers & Bad Debts
Visit Site
Time to pay experts

  • Get Breathing Space with HMRC
  • Support with Business Tax Arrears
  • 35 Years HMRC Negotiation
Visit Site
UK Business Finance

  • Rejected for a CBILS Loan?
  • Get Emergency Business Funding
  • Supporting 1000+ UK Companies
Visit Site
Who we help
  • Company Directors
  • Finance Directors
  • Sole Traders
  • Accountants
  • Small Businesses
  • Large Businesses
  • Partnerships
Contact our team
Jonathan Munnery
Gillian Sayburn
Julie Palmer
Processing...
Loader
or Find your Nearest Office

Here at Real Business Rescue we take your privacy seriously and will only use your personal information to contact you with regards to your enquiry. We will not use your information for marketing purposes. See PRIVACY POLICY

Business Rescue Advice for Directors
Free Guide for Limited Company Directors
Business Rescue Advice for Directors
  • How to manage company cash flow problems
  • Advice on dealing with HMRC
  • Understanding rescue and closure options
  • And much more...
Free Guide Download
Dealing with your Insolvent Clients
Business Rescue Guide for Accountants
Dealing with your Insolvent Clients
  • Helping you advise insolvent clients
  • Spotting signs of client distress
  • Exploring business rescue options
  • And much more...
Free Guide Download
Our numbers speak for themselves
100
Number of UK Offices
30000
Directors Helped
70+
Licensed Insolvency Practitioners

This site uses cookies to monitor site performance and provide a more responsive and personalised experience. You must agree to our use of certain cookies. For more information on how we use and manage cookies please read our PRIVACY POLICY