Job Losses

John Lewis cut 3,800 jobs in past year to reduce costs

The John Lewis Partnership has revealed that it cut 3,800 roles across the company in an effort to reduce costs.…

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Carpetright announces restructuring, 70 jobs at risk

Carpetright has announced restructuring plans across a number of departments to “better support regional stores and digital plans”. A staff…

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Today’s news in brief-11/4/24

Ted Baker’s American licensing partner, OSL, is reportedly in pole position to take over the brand’s collapsed UK operation. Administrators…

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Today’s news in brief-9/4/24

No Ordinary Designer Label Limited (NODL), the retailers of the Ted Baker brand in the UK and Europe, will close…

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Ted Baker to call in administrators

The US owner of Ted Baker, Authentic Brands Group, has announced its intention to appoint Teneo Financial Advisory as administrators…

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Today’s news in brief-11/3/24

Doug Putman, the owner of HMV, is reportedly contemplating a bid to acquire The Body Shop from its administrators. The…

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Today’s news in brief-7/3/24

The British Retail Consortium (BRC) criticised Chancellor Jeremy Hunt’s Spring Budget, stating that it lacked initiatives to boost investment and…

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The Body Shop set to appoint administrators

The Body Shop is reportedly set to appoint administrators from FRP Advisory, threatening “significant” shop closures and job losses, according…

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Today’s news in brief-8/1/24

The UK retail sector faced challenges as almost 120,000 jobs were lost and over 10,000 stores closed, according to data…

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120,000 retail jobs lost in 2023

Almost 120,000 retail employees lost their jobs in 2023 after more than 10,000 shops shuttered over the year, according to…

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