UK Retail Sector Struggles Amid Job Losses and Store Closures, Sandersons Thrives with Strategic Collaborations
In the UK retail sector, nearly 120,000 jobs were lost and over 10,000 stores closed last year, despite a...
job losses
Major Retailers Call for Business Rates Freeze Amid Fears of Food Inflation and Job Losses
Supermarket giants like Sainsbury's, M&S, and Currys are urging the chancellor to freeze business rates for all retail businesses...
Retail Industry Loses Over 100,000 Jobs Since 2020: Wilko Collapse Contributes to the Toll
In a recent report, the Centre for Retail Research reveals that over 100,000 retail jobs have been lost since...
Wilko Rescue Deal Falls Through as HMV Owner Exits Amid Cost Concerns
In a blow to high street retailer Wilko, HMV owner Doug Putman has pulled out of a rescue deal...
Retail Leaders Urge Business Rates Freeze Amid Inflation Concerns
Major retailers like Aldi and Ikea urge Chancellor Jeremy Hunt to freeze business rates in the upcoming budget, fearing...
Waitrose Staff Face Job Losses Amid Simpler Shops Project
Waitrose staff face potential job risks as the company introduces 'Simpler Shops' project to boost productivity and cut costs,...
Wilko Stores Face Massive Closures and Redundancies Amid Failed Sale Attempts
In a recent development, the majority of remaining Wilko stores are expected to close within weeks as the retailer...
Gordon Brothers in Talks for Potential Wilko Rescue Deal Amid Job Cuts and Store Closures
Investment company Gordon Brothers is reportedly in talks with Wilko's advisers at PwC to potentially structure a deal involving...
John Lewis Chair Dame Sharon White Receives Council Support Despite Performance Concerns
In a recent John Lewis council meeting, Dame Sharon White faced votes on her leadership, with members expressing disapproval...
New Look Cuts Four Department Head Roles Amid Ongoing Restructuring Efforts
In a recent development, four department head positions have been made redundant at New Look, following reports of 70...