UK Hit By Retail Crisis As 140K Jobs Lost, 16K Stores Shutter
PYMNTS
DECEMBER 30, 2019
According to a study by the Center for Retail Research (CRR), More than 2,750 jobs were lost every week — about 61 every working day. The study also said that without further government intervention, job losses in retail could hit 171,000 next year. Retail is still the U.K.’s Joshua Bamfield, director of the CRR.
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