skip to main content
Find Insight DIY on
* * *

UK DIY News

BRC Estimates 85,000 Retail Job Losses in the Last Year

Closed sign shutterstock_26561308 725 x 500.jpg

A report from the British Retail Consortium shows the number of retail employees declined by 2.8% in Q3 - the 15th consecutive quarter of year-on-year-decline.

Using ONS data, the BRC calculated that the 2.8% decline represented the loss of 85,000 jobs in the last year, prompting further calls for the government to reform business rates.

Helen Dickinson, CEO of the BRC, said:

"Weak consumer demand and Brexit uncertainty continue to put pressure on retailers already focused on delivering the transformation taking place in the industry.

"While MPs rail against job losses in manufacturing, their response to larger losses in retail has remained muted.

"The government should enact policies that enable retailers to invest more in the millions of people who choose to build their careers in retail.

"We expect the long-term decline in employment to continue due to a combined effect of the on-going structural change, weak consumer spending and fierce competition in the industry." 

Source : Insight DIY Team 

For all the very latest news and intelligence on the UK's largest home improvement and garden retailers, sign up for the Insight DIY weekly newsletter.  

24 October 2019

Related News

view more UK DIY News
*

Insight DIY always publishes the latest news stories before anyone else and we find it to be an invaluable source of customer and market information.

*
Max Crosby Browne - CEO, Home Decor
Newsletters

Don't miss out on all the latest, breaking news from the DIY industry