British department store chain John Lewis recently said that it would close about eight stores in the UK. The move is expected to put around 1,300 jobs at risk in another blow to the UK retail sector. The recent layoffs and cost cutting measures in the retail sector are a result of the impact of…
British luxury department store Harrods recently said that it is planning to cut about 672 jobs due to the impact of the coronavirus pandemic. The store’s flagship branch on Brompton Road in Knightsbridge, London was closed for about three months amid the COVID-19 pandemic and subsequent lockdowns. The store which is now owned by the…