Retail job cuts: is there any end in sight?

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From River Island to Debenhams to Dixons Carphone, and from Boots to John Lewis to Marks & Spencer, retailers have collectively been culling thousands of jobs over the last few months.

According to the CBI, retail employment fell at the fastest rate since February 2009 in the year to August, as retail sales continued to suffer from the effects of the pandemic.

Now that the country is officially in recession, it seems inevitable that yet more job losses are on the horizon.

 

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