Around 170,000 retail workers lost their jobs in 2024 after major chains collapsed
The number of job losses within the UK’s retail centre was more than 40% higher than last year (Picture: Bloomberg via Getty Images)
Almost 170,000 retail employees lost their jobs this year after several major high street firms collapsed.
Homebase, Ted Baker, The Bodyshop, Carpetright and Lloyds Pharmacy were among 38 retailers that went into administration in 2024, according to figures compiled by the Centre for Retail Research.
It said a total of 169,395 retail jobs have been axed since January 1...
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