120,000 retail jobs lost in ‘exceptionally difficult’ year
UK retailers cut almost 120,000 jobs last year and store closures reached a total of more than 10,000 in what has been called an“exceptionally difficult” year, according to the Centre for Retail Research.
According to the latest figures, 119,405 jobs were lost while 10,494 stores shut their doors for the final time as retailers including Wilko, Victoria Plum and Tile Giant were among those that collapsed in 2023.
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