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400,000 retail jobs could be lost thanks to online retail and work-from-home boom

January 14, 2021

Via: Charged

Up to 400,000 retail jobs could be lost on the UK’s high streets thanks to the boom in online shopping and working from home.

High streets across the country could lose between 20 per cent and 40 per cent of their shops leading to hundreds of thousands of job losses for the retail sector, according to new figures from KPMG.

Online shopping and remote working are predicted to last long after the pandemic has ended, which KPMG says will deal a near fatal body blow to locations reliant on commuter footfall.

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