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 coffee chain Pret A Manger has recently said that it will not reopen 30 of its shops in the United Kingdom post the coronavirus lockdown. It further said that it is planning to cut around 1,000 jobs. The recent development at the coffee chain is an outcome of the decline in customer demand due…
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…