9,949 retail jobs have been lost in the UK, according to Centre for Retail Research (CRR). Factors such as online competition and attracting people to venture into the high street to shop in bad weather will prove difficult.
‘We’re going to see more retail failures this year, January is traditionally a really bad month for retailers and if retailers have not had a good Christmas, they will really struggle, particularly at the end of January when the quarterly rent bill is due.’ – Julie Palmer, Partner – Begbies Traynor.
