Bonkers Bargain: this automotive retailer looks a snip
Motor retailers have endured an immensely challenging period, however, the sector could benefit from an economic resurgence and our Bonkers Bargain covered here looks well placed to thrive in the new trading environment, where a comprehensive online offering will be key to future success.
Our Bonkers Bargain appears to have a superior financial and online position than many of its peers, providing it with a key competitive advantage as markets reopen. It also trades on a lower valuation than online-only operators, while benefiting from an omni-channel business model.
The UK economy is widely forecast to deliver a strong recovery in 2021 and 2022 and pent-up consumer demand may be released after UK savings rates have reached record levels during…
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