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PRIVACY
Retail & Consumer

Job losses planned at Next head office

Retailer joins long list of big name businesses streamlining operations to deal with the consequences of the coronavirus

The Next Plc headquarters in Enderby, Leicestershire

The Next store chain is planning to make redundancies at its national head office.

The retailer joins the long list of big name businesses streamlining their operations to deal with the consequences of the coronavirus.

The £4.2 billion turnover group was forced to close all its stores when the lockdown was imposed, and revised potential lost revenues for the year from between £400 million and £1 billion in March to between £1.2 billion and £1.6 billion in April.

Even as shops reopen, it expects to see 40 per cent fewer sales over the year.

A spokesman for the FTSE 100 company said today that some 150 staff were under consultation at its national headquarters in Enderby, Leicestershire.

The consultation process will run until the middle of next month when, the spokesman said, around 75 jobs could go.

The business currently has around 9,000 people yet to return to work and being supported under the Government furlough scheme.

The spokesman said the consultation related to a wide range of departments, rather than wholesale reductions in particular areas.