Job Losses
This coverage examines job losses within the UK retail sector, investigating store closures, restructuring initiatives, supplier impact, and workforce reductions. Reporting highlights trends in employment shifts, cost strategies, and executive decisions — offering insight for HR leaders, operations managers, and business executives dealing with staffing challenges and strategic planning.
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Jul- 2020 -7 JulyEconomy
Usdaw urges chancellor to announce retail recovery plan
Retail trade union Usdaw is calling on the chancellor to announce in Wednesday’s (8 June) economic statement an “urgent recovery plan” for the “struggling retail industry”, which is developed with trade unions and retail employers. Some of the factors, Usdaw is urging the government to cover fundamental business rates, an…
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3 JulyEconomy
Consumer confidence increases in June
GfK’s fourth Covid-19 flash report has revealed Consumer Confidence Index increased by three points to -27 over the past two weeks. Joe Staton, GfK‘s client strategy director, said after the recent “near-historic low” of -36 for the Consumer Confidence Barometer last month, there are some early signs of improvement…
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2 JulyCoronavirus
High street retailers ‘urgently’ need government recovery plan, says Usdaw
Shopworkers union Usdaw has urged the government to agree with employers and trade unions a recovery plan for the high street as “thousands of further job losses are announced”. The union said the scale of job losses across the retail industry is “accelerating” as the high street continues to struggle…
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Jun- 2020 -30 JuneClothing & Shoes
TM Lewin collapses into administration
TM Lewin has collapsed into administration following news that the retailer was eyeing up a pre-pack administration deal. According to the Mail Online, the group cited the ongoing Covid-19 pandemic and the temporary closure of its stores in March as the main reasons behind the collapse. The move could result…
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19 JuneEconomy
UK consumer confidence rises in June
GfK’s long-running Consumer Confidence Index increased by six points to -30 in June. The measure for the general economic situation of the country during the last 12 months has improved by one point to -59, but is still 27 points lower than in June 2019. Expectations for the general economic…
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11 JuneComment
Retail experience will never be the same
While COVID-19 has had a devastating impact on the UK’s retail sector, it should not come as a surprise to see the high street in peril. Even prior to the outbreak, retailers had endured a torrid twelve months – a poor Christmas period had led into a traditionally weaker opening…
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9 JuneHigh Street
Game to reopen stores across England and Northern Ireland
Game has announced plans to reopen all stores across England and Northern Ireland from Monday 15 June, in line with the latest Government guidance. The video game retailer said all stores in Wales and Scotland are ready to re-open, but will remain closed until current guidelines are lifted. Game is…
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2 JuneFeatures
Coronavirus Diary: Moda in Pelle
As cases of coronavirus started to quickly rise in early March, we knew it was only a matter of time before the UK went into some form of lockdown, with shops legally obliged to shutter up. To ensure safety across our teams and a smooth transition, we closed our doors…
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Apr- 2020 -29 AprilHigh Street
Shop prices fall 1.7% as non-food items suffer
Shop Prices fell by 1.7% in April, compared with the 0.8% decrease seen in March, making it the highest rate of decline since January 2017 according to the BRC-Nielsen Shop Price Index. Non-food prices fell sharply by 3.7% in April compared to a decline of 1.9% in March. This is…
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1 AprilCoronavirus
Shop prices slide amid UK lockdown, says BRC
The price of shop goods slipped by 0.8% in March, down from 0.6% the month prior, according to the latest BRC-Nielsen Shop Price Index. In the same month, non-food prices fell by 1.9%, which marked the highest rate of decline in non-food prices since May 2018. The lowered prices were…
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