01946 444 664 hellomarkets@teguk.co.uk

In every community, local businesses form the backbone of the economy, culture, and identity of towns and cities across the UK. These businesses, often family-run or independent ventures, are more than just commercial entities; they are the lifeblood of our neighbourhoods, fostering local employment, nurturing community spirit, and driving innovation. Yet, despite their invaluable contributions, many local retailers are navigating through turbulent waters, facing challenges that threaten their survival and, by extension, the vitality of our communities.

At TEG Retail, we recognise the profound impact that local businesses have on the fabric of our society. Our mission is to stand shoulder to shoulder with these businesses, offering them the support, guidance, and resources they need to not only survive but thrive. It has come to our attention through direct conversations with retailers across Cumbria that many feel isolated, battling the waves of economic uncertainty with little to no support from local networks. This revelation is not just a call to action; it is a mandate for change.

The Case for Investing in Local Retail

For local councils, the decision to invest in the prosperity of local retail is not merely an economic consideration; it’s a commitment to preserving the character and resilience of our towns and cities. When local businesses flourish, they create jobs, stimulate local economies, and reduce environmental impacts by shortening supply chains. Moreover, they contribute to the social fabric, offering unique products and services that reflect the community’s identity and values.

Investing in local retail means fostering an environment where innovation can thrive, where businesses can adapt to the changing needs of their customers, and where communities can benefit from the stability and prosperity that come with a vibrant local economy.

It is in this spirit that TEG Retail is stepping forward to bridge the gap between independent retailers and the support they critically need.

TEG Retail: Empowering Local Retailers

In March 2024, TEG Retail is proud to announce a series of events across Cumbria aimed at connecting independent retailers with a network of support that can catalyse their growth and resilience.

These events, set to take place in:

  • Millom,
  • Whitehaven,
  • Cockermouth,
  • Workington,
  • Maryport,
  • Wigton,
  • and potentially Carlisle,

The events are designed to not only provide a platform for networking but also to inform retailers of the support available to them.

Our commitment extends beyond mere advisory services. TEG Retail is a social enterprise that pairs independent retailers with local business mentors who possess deep expertise in retail, marketing, business growth, and startups. These mentors are not just advisers; they are partners in navigating the complexities of the retail landscape, offering personalised, actionable strategies that address the unique challenges and opportunities of each business.

A Call to Action for Councils

The role of civil servants in this ecosystem cannot be understated. As stewards of public resources and architects of local economic policy, you have the power to catalyse meaningful change. By prioritising investments in local retail, you are not just supporting individual businesses; you are nurturing the growth of sustainable, resilient communities that can withstand the ebbs and flows of economic trends.

We invite you to join us in this endeavour. Engage with us at our upcoming events, learn about the challenges and aspirations of your local retailers, and explore how, together, we can create a thriving, vibrant local economy. Your support can make the difference between a struggling business and a flourishing community cornerstone.

The journey of a thousand miles begins with a single step. Let us take that step together, forging a future where local retail is not just surviving but thriving, where communities are not just places where we live but places where we belong and prosper.

We ask you to get in touch on the form below and tell us which location you’d like to join us in?