The Federation of Independent Retailers (NFRN) said its COVID-19 Hardship Fund remains open for struggling independent retailers.
Unveiled in April in response to the first national lockdown, the fund aims to alleviate some of the financial pressures retailers might be facing as a result of the pandemic restrictions.
“The impact of COVID-19 on the lives and businesses of some independent retailers has been unprecedented and, with England set to go into another lockdown and with members in Scotland, Wales and Ireland facing their own restrictions, we are issuing a reminder that our COVID-19 Hardship Fund is still here to help,” Stuart Reddish, NFRN national president, said.
The fund offers financial assistance in the form of a grant to NFRN members. It has paid out nearly £120,000 to 95 independent retailers since its launch.
Raised through donations from NFRN’s districts, branches and from individual members, as well as from suppliers and publishers, the fund has reached a total of £241,621.
“We are acutely aware that some members are facing severe financial difficulties due to the coronavirus pandemic and that further restrictions may completely decimate footfall within certain stores, due to their location,” Reddish added.
“If your store has to close or is struggling to survive due to Covid-19, apply for a grant today via the NFRN’s website, TheFedOnline.”
Find out more about the NFRN Covid-19 Hardship Fund here.