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Retail job losses up 42% as administrations impact sector

Homebase, The Body Shop and Ted Baker all entered administration this year
Homebase appointed administrators in November. (CoStar)
Homebase appointed administrators in November. (CoStar)
CoStar News
December 30, 2024 | 12:59 P.M.

Almost 170,000 retail staff lost their jobs this year, up 42% on 2023, and at the highest level since the height of the pandemic in 2020, with experts warning of further difficulty for high streets next year.

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