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

Gov urged to avoid fourth lockdown as Covid claims 67,000 retail jobs

Gov urged to avoid fourth lockdown as Covid claims 67,000 retail jobs

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

The British Retail Consortium (BRC) has called on the government to take “all necessary precautions” to prevent another lockdown after 67,000 retail jobs have been lost in the past year due to Covid-19

The plea comes in response to the latest ONS job figures, which also show that employment levels in the sector have dropped to three million – some of the lowest levels since 1999. 

With non-essential retail stores closed since late last year, the BRC also reported that 600,000 of the sector’s workers are on furlough – a figure which has risen by 200,000 since December. 

Helen Dickinson, chief executive of the group has said this is a figure which is “likely to get worse” if the UK’s third lockdown is extended. 

Currently, non-essential retail is expected to reopen on 12 April, with Dickinson stating that “any delays to the prime minister’s roadmap will undoubtedly result in more store closures and threaten the livelihoods of the retail workers currently furloughed”. 

She said: “Now is the time to rebuild the economy. Retail remains the largest private sector employer in the UK, meaning the strength of the industry remains important for the economy at large. 

“Retailers are working incredibly hard to ensure stores and operations are safe and ready for reopening, and it is essential that all retail is open and remains open, if it is to unlock the demand which will kickstart our economic recovery.”

Previous Post
Plastic bag fee to increase to 10p from April

Plastic bag fee to increase to 10p from April

Next Post
Local shops and online groceries see lockdown retail boom

Local shops and online groceries see lockdown retail boom