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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

High street 2018: a tale of lost shops and at least 35,000 jobs at risk

Shops boarded up in Rotherham, South Yorkshire.
Shops boarded up in Rotherham, South Yorkshire. Photograph: Christopher Thomond for the Guardian

Battling difficult conditions on the high street, a string of retailers and restaurant groups have fallen into administration in recent months, such as Toys R Us, Maplin, Warren Evans and Jamie Oliver’s Barbecoa restaurants.

Others, including House of Fraser, Mothercare and Carpetright, have resorted to company voluntary arrangements (CVAs) to close outlets and lay off staff. A CVA is a form of insolvency that enables a business to renegotiate deals with their creditors – mainly landlords being asked to accept lower rent payments for stores.

A total of more than 35,000 retail and restaurant jobs have either been lost or at risk. Some numbers have yet to be finalised but the lost jobs and potential closures include:

January

Jamie’s Italian
12 restaurants

Tesco
1,700 jobs

Marks & Spencer
London distribution centre
380 jobs

Sainsbury’s
Thousands of management jobs to go

Byron
20 restaurants

East
50 stores
314 jobs

February

Morrisons
1,500 management jobs

Debenhams
320 jobs

Warren Evans
14 showrooms
287 jobs

Jamie Oliver’s Barbecoa
Two restaurants
80 jobs

Toys R Us
3,000 jobs

Maplin
2,500 jobs

March

New Look
60 stores
980 jobs

Prezzo
94 restaurants
500 jobs

April

Littlewoods owner Shop Direct
Three warehouses
1,992 jobs

Carpetright
92 stores
300 jobs

May

Jacques Vert and Windsmoor owner Calvetron Brands
300 shops
1,000 jobs

Tesco Direct
Clothing and homewares website closure
500 jobs

Marks & Spencer
100 stores
More than 1,500 jobs

Carphone Warehouse
92 stores

Carluccio’s
34 restaurants
500 jobs

June

Mothercare
50 stores
800 jobs

Poundworld
355 stores at risk
More than 5,000 jobs

House of Fraser
31 stores
6,000 jobs

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