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Retail expert, Martin Newman has announced he has invested in e-commerce platform, DownYourHighStreet.com, bringing its told investment raised this funding round to £272,060, 81% more than its target.
The platform, created specifically for independent bricks and mortar retailers to grow their e-commerce business, will officially launch in June and currently has over 400 retailers signed up to its services. Newman has over 25 years of experience in multi-channel retail, working in e-commerce Burberry, Intersport, Harrods and Ted Baker.
Newman said: “I’m really happy to be investing in DownYourHighStreet.com and in doing so, helping to empower independent retailers to take advantage of the multichannel shopping requirements of our consumers.
“Britain needs to embrace our future as a multi-channel economy and accept that customers choose experiences as much as they choose products. There will always be a place for bricks and mortar stores, and there will always be a place for speedy, efficient online shopping.”
He added: “We live in exciting times, and by celebrating this diversification we can work with what our customers really want, to ensure a great future for stores and shoppers alike. I’m putting my money and my advice where my mouth is on this one: Britain’s high streets are here to stay. I look forward to supporting Down Your High Street as they continue to empower independent retailers.”
