Job Losses

Today’s news in brief

Mike Ashley is reportedly in talks to sell the online clothing label Missguided to Shein, a Chinese-founded online fashion platform.…

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Over 100,000 retail jobs lost since 2020 after Wilko collapse

The number of retail job losses since 2020 is set to pass 100,000 as a result of the 12,500 jobs…

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Waitrose staff warned of job losses amid shift overhauls

Waitrose staff have reportedly been warned that their jobs could be at risk as the retailer looks to change work…

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Majority of Wilko stores to close ‘within weeks’

The majority of remaining Wilko stores are set to shutter “within weeks” and redundancies are expected to begin after the…

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Gordon Brothers mulls potential Wilko rescue deal

The investment company, Gordon Brothers, which has backed high street retailer Laura Ashley, is in talks with Wilko’s advisers at…

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John Lewis chair receives council backing despite disapproval on performance

John Lewis chair Dame Sharon White has been backed by the John Lewis council on whether they have confidence in…

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BRC calls for business rates freeze amid Labour’s high street rescue plan

The British Retail Consortium has responded to Labour’s five-point plan to revitalise high streets by calling for a permanent freeze…

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John Lewis pension assets plunge £2.8bn

John Lewis Partnership saw the market value of its pension assets plunge by £2.8bn last year amid a set of…

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Next acquires Cath Kidston for £8.5m with job losses expected

Next has agreed to acquire the brand name, domain names and intellectual property of Cath Kidston for £8.5m, with job…

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John Lewis mulls end to 100% staff ownership structure

John Lewis is considering diluting its 100% staff ownership structure in a bid to raise investment after the business faced…

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