Popular now
Debenhams Group returns to growth amid PLT recovery

Debenhams Group returns to growth amid PLT recovery

Currys appoints Fredrik Tønnesen as Group CEO

Currys appoints Fredrik Tønnesen as Group CEO

Inditex sales rise 5.8% after strong start to summer trading

Inditex sales rise 5.8% after strong start to summer trading

White Stuff to cut jobs as it prepares for post-lockdown retail
© Copyright Ian S

White Stuff to cut jobs as it prepares for post-lockdown retail

On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

Fashion retailer White Stuff is reportedly set to cut both sales and head office jobs as it prepares for like after lockdown.

According to Sky News, the retailer is set to make “significant” redundancies as it anticipates a reduced demand and shorter opening hours once lockdown restrictions are lifted.

It is believed that staff were notified the company would be opening a consultation on jobs earlier this week. The retailer said it was making the move in order to keep all of its 120 stores open and is making the decision from information that it has already learned from its already open German stores.

White Stuff has been contacted for comment.

The news comes as embattled department store chain Debenhams has revealed that five of its stores housed in Intu shopping centres will not reopen post-lockdown, effectively slashing over 1000 jobs.

A Debenhams spokesperson said the retailer will continue to engage in “constructive talks” with its landlords and has agreed terms on the vast majority of its stores, which it “looks forward to reopening when government restrictions allow”.

Previous Post
Debenhams cuts over 1,000 jobs as five stores shutter permanently

Debenhams cuts over 1,000 jobs as five stores shutter permanently

Next Post
Retail footfall plummets 80%

Retail footfall plummets 80%