Retailers cut 85,000 jobs in past year
by Sarah Butler from on (#4T316)
Online shopping and Brexit uncertainty blamed for closures including Bonmarchi(C)
Retailers have axed 85,000 jobs in the past year as weak consumer demand, rising costs and the switch to online shopping, exacerbated by Brexit uncertainty, have put businesses under increasing pressure.
The job losses in the UK's biggest private employment sector - with particular importance for women - are the latest sign of a crisis on the high street that has seen the closure of thousands of shops and the collapse of some well-known retail names.
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