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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Jan- 2023 -25 JanuarySupply Chain
300 Amazon warehouse workers hold first UK strike
The GMB union has organised a strike for about 300 Amazon warehouse employees out of 1,000 at the e-commerce retailer’s Coventry depot today (Wednesday 25 January), the first to be held in the UK. The union has been working to boost its presence at the company, as today’s strike action…
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11 JanuaryClothing & Shoes
Boohoo to axe roles at London office
Boohoo Group is set to make a series of job cuts across its London office, and is reportedly consulting on more than 100 redundancies. According to the Times, the majority of roles under threat are in its e-commerce, buying and design departments. A consultation reportedly launched last week, though a…
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5 JanuaryOnline & Digital
Amazon to axe 18,000 roles in bid to cut costs
Amazon has announced that it will axe over 18,000 roles across the group in a bid to cut costs following a business review that was launched last year. In a note to staff published today (5 January), CEO Andy Jassy said the reductions will include those that were first announced…
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Aug- 2022 -17 AugustFeatures
The business pledges of the Conservative leadership finalists
Business Rates On 9 August, the Retail Jobs Alliance, a coalition of retailers including Morrisons, Greggs and Tesco, called on both Sunak and Truss to pledge to cut business rates which are charged on most non-domestic properties, such as shops, offices, pubs, warehouses, factories, and holiday rental homes or guest…
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5 AugustEconomy
Tax cuts won’t solve economic crisis, says Next CEO
Simon Wolfson, the chief executive of fashion retailer Next, has claimed that inflationary pressures can only be tackled by increasing the supply of goods and workers as tax cuts will not solve the challenges facing the British economy, according to The Telegraph. The Telegraph reported that Wolfson also predicted that…
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May- 2022 -19 MayNews
The Great Resignation: Why the battle for talent sees retail staff come out on top
A new report by stakeholder intelligence firm alva has revealed the biggest winners and losers from the last three years when it comes to positive employer and employee sentiment in the UK. As the UK begins to climb out from the pandemic and find a new way forward, retail workers…
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Apr- 2022 -19 AprilClothing & Shoes
Next partners with finance firms to acquire Jojo Maman Bebe
Next has partnered with a group of finance firms headed by Davidson Kemper to acquire babywear retailer Jojo Maman Bebe for an undisclosed sum. According to BBC News, the deal will see Next acquire a 44% stake in the company with the remaining 56% to be managed by the finance…
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Sep- 2021 -16 SeptemberDepartment Stores
John Lewis Partnership reduces H1 losses to £29m
The John Lewis Partnership has reduced its losses in the first six-months of the year ending 31 July to £29m from a previous year’s loss of £635m. Revenue rose 5% during the period to £5.2bn from £4.9bn in 2020 and was boosted by improved sales performance. The company revealed that…
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Jul- 2021 -1 JulyGovernment
Business committee chair questions CMA investigative takeover powers
The chair of the Business, Energy and Industrial Strategy Committee, Darren Jones, has written to the Competition and Markets Authority (CMA) in relation to their powers to investigate takeovers. It follows the recent purchase of Asda using “significant amounts” of debt and the increased interest from private equity companies in…
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May- 2021 -13 MayHigh Street
Retail sales up by 7.3% in April after reopening
Retail sales increased substantially between 4 April and 1 May 2021, around the time non-essential retail was allowed to reopen, compared to April 2019, according to the British Retail Consortium (BRC) and KPMG’s survey of retailers in the UK. Due to 2020 being a “turbulent time” for the sector, BRC…
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