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Tag: stores

Redundancies at Waterstones HQ as some stores remain shut

Waterstones said it is currently in consultation with those affected // Waterstones making HQ job cuts // Some stores have remained shut following lockdown // The number of redundancies have remained undisclosed Waterstones has reportedly warned that it is making a number of redundancies at its London Piccadilly head office. The books and gifting retailer …

Redundancies at Waterstones HQ as some stores remain shutRead More

Walmart Canada Will Invest $3.5 Billion To Modernize Stores, DCs And Supply Chain

Walmart Canada is planning a $3.5 billion (Canadian) investment over the next five years that will impact every aspect of its business. The equivalent in U.S. dollars is $2.58 billion. At the store level, the funds will go toward: Renovations to nearly one-third of its locations; Expansion of curbside pickup; Piloting “micro fulfillment centers” within …

Walmart Canada Will Invest $3.5 Billion To Modernize Stores, DCs And Supply ChainRead More

Boots and John Lewis to cut 5,300 jobs and close stores | Business

Boots and John Lewis have announced plans to cut 5,300 jobs and close stores on another bleak day for the UK high street. Boots is cutting 4,000 jobs – or 7% of its workforce – by closing 48 opticians outlets and reducing staff at its head office in Nottingham as well as some management and …

Boots and John Lewis to cut 5,300 jobs and close stores | BusinessRead More

Boots to cut 4,000 jobs and close stores after dramatic fall in shopper numbers | Business

Boots is to cut 4,000 jobs – 7% of its workforce – as it closes 48 opticians outlets and sheds roles at its head office and stores. The company, which has 2,465 stores, said it was accelerating a restructuring plan after sales at its main Boots outlets dived 72% and sales at Boots Opticians dived …

Boots to cut 4,000 jobs and close stores after dramatic fall in shopper numbers | BusinessRead More

Boots to cut 4,000 jobs as John Lewis to shut eight stores, putting 1,300 jobs at risk – business live | Business

More than 20 John Lewis stores have reopened from the lockdown, with another 21 due to open later this month. Here’s the details: ABOUT JOHN LEWIS SHOP REOPENINGS Kingston and Poole reopened on Monday 15 June. Bluewater, Cambridge, Cheadle, Cheltenham, High Wycombe, Horsham, Ipswich, Norwich, Nottingham, Solihull, and Welwyn reopened on Thursday 18 June. Peter …

Boots to cut 4,000 jobs as John Lewis to shut eight stores, putting 1,300 jobs at risk – business live | BusinessRead More

John Lewis closes eight stores with expected loss of 1,300 jobs | Business

The coronavirus lockdown has prompted some of the UK’s most prominent companies to announce large-scale job losses. The aviation, automotive and retail sectors have been among the worst hit, as businesses adjust to dramatically reduced revenue projections. While the government’s job retention scheme has so far protected millions of jobs, fears are mounting that unemployment …

John Lewis closes eight stores with expected loss of 1,300 jobs | BusinessRead More

Managing the difficult challenge of reopening stores

When McDonald’s reopened my local Drive Thru restaurant my son absolutely demanded we made a visit. What was interesting was that as lockdown was in place there were no employees required in the restaurant. Cost savings you might think. Not so, because they had all been deployed outside where many more people were required to …

Managing the difficult challenge of reopening storesRead More

The Future of Stores (1/2) – The Fashion Retailer

Nowadays, we are living the “Retail Apocalypse volume 2” (phenomenon that started around 2010 in USA) and this won´t be the last time experts anticipate the end of retail. Stores will survive as described on Coronavirus and Fashion (v1 and v2). “Stores” will emerge again and again, but will we keep using that word? What …

The Future of Stores (1/2) – The Fashion RetailerRead More

Poundstretcher could close half its stores under rescue deal | Business

Poundstretcher could close nearly half its stores in six weeks’ time, with 2,000 jobs at risk, after landlords and other creditors approved a rescue restructure. Rents will be cut by up to 40% on 84 stores and held at current rates on 94 stores under the insolvency process known as a company voluntary arrangement (CVA) …

Poundstretcher could close half its stores under rescue deal | BusinessRead More