Retail crisis: 85,000 jobs lost in past year - industry

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.The_BRC said its findings were in 'stark contrast' to the UK's labour market as a whole, which has shown record UK employment until the most recent figures

Footfall figures - an indicator of consumer confidence - have remained weak since 2018 - a year that saw Toys R Us and Maplin collapse on the same day.

Others - even Sir Philip Green's Topshop empire - have been forced to go cap in hand to creditors in return for store closures and rent cuts. Next is among big fashion names to have shielded its in-store performance through a strong digital presence.BRC chief executive, Helen Dickinson, said:"Weak consumer demand and Brexit uncertainty continue to put pressure on retailers already focused on delivering the transformation taking place in the industry.

 

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the_brc Record employment figures are easy to achieve if you turn every hundred full time jobs into 200 part time ones. Scale that up a million jobs becomes two million. They think we are stupid.

the_brc Online shopping automation in warehouses what did you think would happen

the_brc It's only a crisis for retailers. They're dying because we don't need them, proven by us not using them. Don't fight nature. Jobs moving, from effectively handing a box from one person to another, to more efficient occupations is not a bad. PS retail sales were up last month

the_brc

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