Retail Sector Crunch: Nationalise To Save Jobs
The Socialist|Issue 975, 14 December 2017 - 3 January 2018

Retail Sector Crunch: Nationalise To Save Jobs

Iain Dalton
Retail Sector Crunch: Nationalise To Save Jobs

Toys R Us plans to close a third of its stores. Asda wants to downgrade hundreds of shopfloor supervisors. Britain’s largest tobacco distributor Palmer & Harvey has gone into administration.

These recent announcements will ring alarm bells for retail workers worried for their futures amid signs that consumer spending in general is slowing down.

The closure of at least 26 Toys R Us outlets threatens 800 jobs. Asda’s pay cut would affect 842 ‘section leaders’. And the administrators have already made 2,500 Palmer & Harvey staff redundant, with a further 900 threatened.

Denne historien er fra Issue 975, 14 December 2017 - 3 January 2018-utgaven av The Socialist.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra Issue 975, 14 December 2017 - 3 January 2018-utgaven av The Socialist.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

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