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Almost 170,000 retail jobs lost in 2024 - and there could be even more next year

Sky News
Summary
Nutrition label

83% Informative

Almost 170,000 retail jobs lost in 2024 calendar year to date - up 41.9% compared with 2023 .

Number of job losses spiked amid collapse of major chains such as Homebase and Ted Baker .

Centre for Retail Research says it is the highest since the COVID pandemic in 2020 .

Experts predict 202,000 jobs could be lost in the sector in 2025 .

VR Score

88

Informative language

88

Neutral language

92

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

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