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Walker Greenbank rethinks strategy

Walker Greenbank rethinks strategy

A tough trading period for Walker Greenbank (WGB) has forced the company's bosses to rethink the strategy. Chief executive John Sach said the past year hadn't been easy in the wake of the Brexit vote, and while he’s not putting all the blame on the decision to leave the EU, he says "it hasn’t helped”. High streets are seeing less footfall, people aren't bothering to update furnishings or decorations in light of a soft housing market, and the prospect of rising interest rates could further squeeze consumer spending. The shift to online shopping hasn't been much of a boon for Walker Greenbank either, since customers are less likely to buy products such as paint or wallpaper without seeing them first

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