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LONDON, Aug 4 (Reuters) - British electrical retailer Dixons Carphone said it planned to cut 800 jobs to create a leaner management structure across its stores in the UK and Ireland.The company, which sells mobile phones and tablets as well as wh...
Read moreLONDON, July 30 (Reuters) - The John Lewis Partnership, owner of Britain's leading department store chain, has said it must diversify beyond retail to survive the turmoil on the high street and plans to expand into financial services, gardening, ...
Read more(Adds reaction)By Andy BruceLONDON, July 28 (Reuters) - A gauge of British retail sales surged in July to its highest level in over a year as more of the economy reopened following the coronavirus lockdown, driven mostly by grocery sales, a survey...
Read more(Adds store letter, background)LONDON, July 28 (Reuters) - Upmarket British department store chain Selfridges said it needed to cut 450 jobs or 14% of its workforce, the latest UK retailer to be hit by the coronavirus pandemic which has battered s...
Read more* European stocks up 0.6%* UK blue chips underperform main European bourses* EU talks in focus* Italy's UBI surges after Intesa raises bid by 18% Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks...
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TOP NEWS: M&S To Slim Down Management, Starts Consultation On 950 Jobs
Read moreLONDON, July 20 (Reuters) - Britain's government is ready to support those workers who will lose their jobs at retailer Marks & Spencer, a spokesman for Prime Minister Boris Johnson said on Monday.Marks & Spencer plans to cut 950 jobs as part of a...
Read more* European stocks slightly up* EU talks in focus* Italy's UBI surges after Intesa raises bid by 18% Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts Joice ...
Read more(Adds detail)LONDON, July 20 (Reuters) - British clothing and food retailer Marks & Spencer said on Monday it planned to cut 950 jobs as part of a restructuring, dealing a further blow to a sector that has already seen thousands of redundancies d...
Read more* Cuts follow thousands of others in sector* M&S said in May it would accelerate turnaround plan* Shares down 1% (Adds detail, shares)LONDON, July 20 (Reuters) - British retailer Marks & Spencer plans to cut 950 jobs as part of a store management ...
Read moreLONDON, July 20 (Reuters) - British clothing and food retailer Marks & Spencer plans to cut 950 jobs as part of a restructuring of its store operations, it said on Monday.M&S said it has started a consultation with its employee representative grou...
Read more* European stocks flat* EU talks in focus* Italy's UBI surges after Intesa raises bid by 18% Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts Joice Alves (...
Read morePRESS: Marks & Spencer Plans To Cut Hundreds Of Jobs
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(Sharecast News) - Marks & Spencer is to axe 950 roles, it was confirmed on Monday, after the high street retailer accelerated its restructuring programme.
Read more* AstraZeneca marks strongest close ever* Midcaps index supported by media house Future* UK homebuilders supported by report of mini housing boom* BHP Group flat ahead of quarterly production data (Updates to close)By Ambar Warrick and Sagarika Jais...
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