Retail cost cutting: How the detail behind retail can build a leaner, smarter retail operation

Retail cost cutting: How the detail behind retail can build a leaner, smarter retail operation

Over the past few years, UK retailers have faced the harsh reality of reducing operational costs, often at the expense of their teams and resources. In fact, The Centre for Research revealed that more than 120,000 jobs were lost in the UK retail sector in 2023, and the start of 2024 saw a host of retailers unfortunately axing roles as a result of the ongoing challenges within the industry.