Analysis: Retailers face dilemma over post-furlough job retention scheme
As Primark reveals that it won’t be taking government money to bring back furloughed staff and John Lewis hints at the same, other retailers face a potentially tough choice.
On the face of it, what is there not to like about a scheme to help finance job retention as the retail industry and the nation seek recovery in the aftermath of the Covid lockdown?
The only complaint some retailers might have had was that, at £1,000 per employee brought back for at least three months after the government’s wage support scheme ends in October, the cash on offer pales into insignificance compared with the scale of losses sustained during the pandemic.
Subscription content
Please sign in now if you have a subscription or are already registered with us.
Register for free to continue reading
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
- Three free article views per calendar month on Retail-Week.com
- Detailed analysis of current trends and events
- Exclusive newsletters
- In-depth reports, videos, interviews and much more
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.