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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Sep- 2023 -12 SeptemberHigh Street
Wilko to close all remaining stores, 12,500 jobs at risk
Collapsed retail chain Wilko will close all of its 400 stores by early October after a rescue bid failed to materialise, placing 12,500 jobs at risk. Administrators PwC said it informed all staff that they will sadly commence the closure of all wilko stores, the two distribution centres and the…
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Aug- 2023 -31 AugustHigh Street
Wilko redundancies to begin as rescue talks collapse
Hundreds of redundancies are set to begin at Wilko after last-minute rescue talks with potential buyers fell through, its administrator has confirmed. In a statement released today (31 August), PwC confirmed that 269 support centre employees will now be made redundant, effective from close of business on Monday (4 September),…
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31 AugustHigh Street
Former Debenhams staff win legal battle against retailer
More than 400 former Debenhams staff who lost their jobs after the company went into administration have won a legal battle against the business after a tribunal judge ruled that the retailer had failed in its duty to consult with its staff. As a result, lawyers representing the workers said…
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10 AugustClothing & Shoes
Farfetch to cut headcount amid restructure
Farfetch is reportedly making redundancies across both its London and New York teams amid a restructuring of the group, Drapers has reported. According to Drapers, the move has impacted an estimated 10 people from its London-based marketing team, as well as some workers in its New York-based tech team. In…
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Jun- 2023 -5 JuneClothing & Shoes
Frasers Group considers cutting 200 head office jobs
Frasers Group is considering cutting up to 200 jobs at its head offices in Shirebrook and London in a bid to streamline the business. The company owned by Mike Ashley has begun a consultation period which has left 20% of its staff at these offices at risk of redundancy. The…
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Jan- 2023 -31 JanuarySupermarkets
Tesco to shake-up management and close counters, 2,100 jobs at risk
Tesco has announced a shake-up of its management structure alongside plans to shutter its remaining hot counters and delis, in a move that could place up to 2,100 jobs at risk. While the supermarket is set to introduce 1,800 new shift leader roles as part of its restructuring plan, it…
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Dec- 2022 -20 DecemberSupermarkets
Morrisons to close 132 McColl’s stores
Morrisons has announced plans to close 132 McColl’s stores over the year as these stores have “no realistic prospect” of achieving a breakeven position in the medium term, putting around 1,300 McColl’s colleagues at risk of redundancy. Every affected colleague will be offered alternative employment at a nearby McColl’s store,…
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May- 2022 -3 MayFeatures
Missguided: what went wrong?
As the face of online shopping for young women around the world, Missguided has faced its fair share of troubles despite its ever-present popularity within the fast fashion industry. Now the company is eyeing potential buyers, it puts into question the future of the business. Since its launch in March…
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Apr- 2022 -20 AprilNews
Missguided CEO steps down as advisory firm brought in
Missguided’s founder, Nitin Passi, is set to step down from his role as chief executive officer (CEO) after the womenswear retailer appointed Teneo, an advisory firm, to explore “strategic options” for its future. However, Passi will remain on Missguided’s holding company board to represent his family’s ongoing stake in the…
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1 AprilSupermarkets
Sainsbury’s axes 300 jobs as part of cost-cutting drive
Sainsbury’s is set to axe 300 jobs across its store support centres with plans to outsource the roles. First reported by Retail Week, the grocer will outsource the roles to Accenture, impacting employees working in food commercial, finance operations and people services and HR in Sainsbury’s central offices in Manchester,…
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