Research reveals that almost 15,000 jobs have been lost in 2023 in a ‘brutal start to the year’

Watch more of our videos on Shots! 
and live on Freeview channel 276
Visit Shots! now
This comes as many retailers have found themselves in financial trouble this year, such as Paperchase, M&Co and more

Around 15,000 British retail jobs have already been cut in 2023, in what is being labelled as a “brutal start to the year” for the high street. According to the Centre for Retail Research (CRR), 14,874 retail job losses have been announced.

This year has seen many national retailers such as stationery brand Paperchase, clothing chain M&Co and Tile Giant all go bust in recent weeks. In addition to this, New Look, Wilko, Tesco and other giant retailers have cut jobs.

Hide Ad
Hide Ad