Remove Department Stores Remove Planning Remove Shrinkage
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John Lewis redundancies are paving way for ‘better quality jobs’, says director

Retail Gazette

John Lewis Partnership’s operations director has said the business is creating “better quality jobs”, despite plans to reduce its headcount by 11,000 in the next five years. Simcock said headsets being worn by staff in some Waitrose stores was helping to increase customer metrics, reduce shrinkage and help employees “feel safer”.

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More than plexiglass: Experts weigh in on rising retail crime rate in US

Inside Retail

Factoring in the roughly US$700 million of inventory shrinkage that occurred in 2022, mainly attributed to retail crime, the company is on track to lose up to a total of US$1.2 billion due to organised retail crime over the past two years alone. The challenges retailers face within areas of high crime rates is staff safety.

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Retail’s Last-Mile Challenge

Retail TouchPoints

Yet as pundits ponder the death of the department store, the industry is racing to reimagine where and how it sells goods. Walmart in late November 2020 announced plans to acquire the platform, intellectual property and staff of last-mile delivery startup JoyRun. In the U.S.,

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In pictures: The 12 best store openings of 2024

Retail Gazette

Sephora, Birmingham Last month Sephora unveiled its latest store in Birmingham as the beauty giant ramps up its expansion plans for the UK, targeting 20 stores across the nation. The 100,000 sq ft next-generation department store cover two floors, housing mens and womenswear, kids, beauty, footwear and homeware.

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