Redundancy
This coverage examines redundancy trends and announcements within the UK retail sector, focusing on their impact on business operations, workforce planning, and organisational strategy. Reports include company-specific redundancy decisions, sector-wide employment trends, executive statements, and strategic responses — providing retail professionals with context to navigate workforce challenges and make informed operational decisions.
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May- 2018 -22 MayDepartment Stores
Revealed: M&S names stores to shutter
M&S has announced the next tranche of UK stores proposed for closure or set to close as it reshapes its UK store estate with plans to take at least a third of sales online. The retailer will close over 100 stores in total by 2022, including 21 that have already…
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Feb- 2018 -8 FebruaryClothing & Shoes
Debenhams puts 320 jobs at risk with new cost-cutting drive
Fashion retailer Debenhams has announced a new cost cutting drive that could put 320 positions at risk of redundancy. The firm said the employee reshuffle will improve the company’s finances, after the group’s shares plunged by 20% due to a ‘disappointing’ Christmas trading period. A profit warning was issued due…
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1 FebruaryEntertainment
2,400 jobs at risk again as Toys R Us UK future back in doubt
Toys R Us UK is again under threat amid reports that its US parent company is seeking a buyer for the British business just weeks after securing support for a rescue plan. According to Sky News, Alvarez & Marsal, the company dealing with the US retailer’s bankruptcy protection, has begun…
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Jan- 2018 -31 JanuaryClothing & Shoes
Hundreds of jobs at risk as M&S announces store closures
Marks and Spencer has announced plans to close 14 of its stores this year in a move which will affect 468 employees. The closures are part of the British retailer’s ‘transformation plan’ aiming to modernise its stores and meet the changing expectations of customers. Six stores will close by the…
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