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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May- 2018 -16 MayDIY
Wickes cuts 100 head office jobs
DIY retailer Wickes is cutting 100 head office jobs due to “mixed” trading conditions and a new structuring plans. The cuts that see a third of jobs at Wickes head office terminated, come at a time when Wickes is seeing a like-for-like sales increase of 3% and an increase in…
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15 MayEconomy
Decline in retail vacancies slows job growth market
Job growth has slowed since the beginning of the year with the retail industry suffering the biggest decline, according to new figures published by UK job site Reed. The Reed Job Index shows the slowest growth rate for new job postings since it began in January 2010. The index was…
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Apr- 2018 -24 AprilHigh Street
650 retail stores have closed in 2018 so far
Nearly 650 retail stores and restaurants have shut or are at risk of closure since the start of 2018. According to analysis by BBC 5 live’s Wake Up to Money Maplin and Toys R Us sites accounted for half of the total closures, as both chains fell into administration on…
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5 AprilAdvice
Embracing advanced, real-time analytics
The last few months have presented a challenge for traditional bricks-and-mortar retailers in the UK. High street sales have continued to struggle in a difficult trading environment, leading to a number of high-profile retail casualties – notably companies such as Toys R Us and Maplin. All UK Toys R US…
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3 AprilEconomy
21,000 retail jobs lost or threatened so far this year
Over 21,000 jobs have been axed or put at risk in the first three months of the year as retailers struggle to break even. A Press Association analysis revealed that 21,413 staff members have already been made redundant or had their role threatened, with the majority being from large high-street…
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Mar- 2018 -23 MarchHigh Street
Toys R Us founder dies aged 94
The founder of Toys R Us, Charles Lazarus, has died aged 94, after a period of declining health. He founded the company and began selling toys 1957, after he returned from military service in the Second World War. The toy retail firm has issued the following statement: “There have been…
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14 MarchHigh Street
3,000 Toys R Us jobs to go as it confirms ‘controlled store closures’
All UK Toys R US stores are poised to shut down after administrators failed to find a buyer, resulting in a store closure programme and a possible 3,000 job losses. Toys R Us appointed Moorfields Advisory partners Simon Thomas and Arron Kendall to oversee an administration at the end of…
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Jan- 2018 -29 JanuaryNews
1 in 4 jobs at risk of being replaced by robots in the North
Northern and Midlands cities will be more exposed to job losses as the rise of robots continues, according to a new survey. The Centre for Cities is warning that national and local leaders should act now to prepare people and places for the changes ahead. Automation and globalisation will boost…
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