In accordance with the recent report, it was found that the number of employees and retail stores has been dropped since 2014. No jobs from corner to corner food division is the major reason for this issue, says the report. As per the Retail Employment Monitor report prepared by the British Retail Consortium, the full-time equivalent employment in the society has recorded a 2.8 % decline while compared to the same period last year.
On the other hand, the number of retail stores across the United Kingdom has been fallen down to 0.4%.
What BRC Says?
The food item sellers grouped the retail outlet and employee numbers with non-food item sellers and felt an increase in full-time equivalent employment number, said BRC. High street dealing circumstances, even now stays tough and advised of unemployed persons in the industry. There are nearly one million jobless persons in the UK, added BRC.
Helen Dickinson, the chief executive of BRC has said that the full-time equivalent employment rate fell at it’s soonest rate since 2014. Then again, the number of stores has also fallen at a bit slower rate while comparing to previous records. These figures will create a spectacular change in the retail industry and this condition should be resolved sooner, he added.