Popular now
Brunello Cucinelli sees FY25 revenues rise 10%

Brunello Cucinelli sees FY25 revenues rise 10%

Retail job cuts could be on the horizon amid rising costs, BRC warns

Retail job cuts could be on the horizon amid rising costs, BRC warns

Debenhams raises £40m in oversubscribed funding round

Debenhams raises £40m in oversubscribed funding round

Tui to close 48 high street sites

Tui to close 48 high street sites

On this episode of Talking Shop I am joined by Zipline CEO and co-founder Melissa Wong. We discuss how Melissa’s 10 years’ of frontline experience informed her approach to building a SaaS company, the recurring operational frustrations that most head offices still underestimate, and why she believes technology should be designed with the store associate as the primary user. We also explore current trends in store execution and how retailers can bridge the gap between corporate strategy and the shop floor.

Register to get 2 free articles

Reveal the article below by registering for our email newsletter.

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

Tui, the travel operator, has announced that it is closing 48 of its UK high street sites, impacting 273 jobs in the process.

The group’s decision follows the proposed shutting of 166 Tui sites, in turn affecting 900 jobs, that was announced in July 2020 as the pandemic continues to shift holiday booking sales to online channels.

Those employees at risk of redundancy will be offered work from home opportunities or the ability to move to one of the group’s 314 remaining retail outlets.

In a statement, Tui said: “The travel industry and the British high street are both facing unprecedented pressure.

“We can therefore confirm that we are proposing to close 48 retail stores. All colleagues at risk of redundancy will be offered roles in other stores where there are vacancies, or in the new homeworking retail and contact centre team.”

While the exact locations of the closures have not been revealed, their nature represents a switch in consumer behaviour, with people now “wishing to speak with travel experts from the comfort of their own home”.

Tui added: “We have world class travel advisors at Tui, so we hope many of them will become homeworkers and continue to offer the personalised service we know our customers value.”

The group expects to operate at 80% of its usual capacity this summer, recovering from the 87.8% year-on-year decline to income it suffered over the three months to the end of 2020.

Previous Post
John Lewis to close eight stores placing 1,465 jobs at risk

John Lewis to close eight stores placing 1,465 jobs at risk

Next Post
How FMCG brands can thrive post-Covid

How FMCG brands can thrive post-Covid

Secret Link