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15,000 jobs hit by 2018 retail crunch

Mar 01, 2018 - City A.M.

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 doublewhammy for the industry comes after fashion chain East and furniture retailer Warren Evans also fell into administration.

Jobs have been slashed at major supermarkets, with thousands of roles lost at Sainsbury's, As...