Almost 120,000 retail workers lost their jobs last year as the High Street was hit by collapses of stores including Wilko.
The Centre for Retail Research revealed that a total 119,405 jobs were lost across the sector in 2023.
Their analysis also found that 10,494 stores shuttered. Wilko’s demise saw around 400 close.
Collapse: The Centre for Retail Research revealed that a total 119,405 jobs were lost across the sector in 2023
Firms including health store Planet Organic also went to the wall in 2023.
But the number of store closures declined 38.8 per cent compared to 2022 while job losses were down 21.3 per cent.
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