Buzz People

Retail job losses could number 15,000 as industry strains under cost pressures

At least 15,000 retail sector jobs have either been slashed this year or are now at risk as household names sink into administration, according to calculations by City A.M.
Toys R Us and Maplin went into administration yesterday, putting more than 5,500 jobs in doubt. The double-whammy for the industry comes after fashion chain East and furniture retailer Warren Evans also fell into administration.
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