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It’s been a bleak start to 2025 for those in the retail industry as retailers restructure their operations in the face of increasing taxes and economic uncertainty.<\/p>\n
It comes as the Office for National Statistics (ONS) revealed this week that the sector had slashed almost a quarter of a million jobs over the past five years.<\/p>\n
Retail Gazette takes a look at the retailers that have made job cuts in recent weeks.<\/p>\n
Aldi<\/h3>\n
It emerged at the end of last month that Aldi was consulting over plans to restructure some of its head office divisions in a move that could see 350 roles at risk of redundancy.<\/span><\/p>\n The reshuffle will impact some buying department positions, including non-food, finance and some back-office functions. The supermarket chain <\/span>is seeking to expand the amount of buying roles at its Atherstone head office.<\/p>\n A spokesperson for Aldi said: \u201cTo support our continued growth and to offer the best experience to our customers, we are consulting over proposals to restructure some Head Office teams.<\/p>\n \u201cNo customer facing roles are affected, and no final decisions will be made until the consultation process is complete.”<\/p>\n According to CEO\u00a0Bj\u00f6rn Gulden, the sportswear giant had identified these roles as \u201cobsolete\u201d during the restructure designed to streamline its headquarters.<\/p>\n It comes as the company lowered its profit forecast for 2025, with Gulden warning that the company\u2019s operating profit will be significantly below analysts\u2019 expectations.<\/p>\n Frasers Group is cutting 30% of employees in its design and editorial teams under the company’s latest restructure.<\/p>\n The retail giant has entered a consultation with staff members across its London HQ and Shirebrook offices.The redundancies are believed to largely impact recent hires, with managerial positions remaining unaffected.<\/p>\n Elsewhere in the company, the group is closing three of its standalone Flannels Junior stores\u00a0in Bluewater, Westfield Stratford and Westfield White City, leading to store staff being made redundant.\u00a0<\/span><\/p>\n The retailer, which was bought out of administration this week, informed impacted staff in a group meeting, with some employees being dismissed without receiving their most recent pay checks.<\/p>\n The business has since been rescued from administration by Alps Sourcing Limited, saving 87 jobs in the UK.<\/span><\/p>\n The\u00a0fashion retailer said it was exiting the market after 22 years following \u201cseveral years of sustained losses and challenging market conditions\u201d.\u00a0The move saw around 347 store colleagues made redundant.<\/p>\n The retailer added the appointment of liquidators at KPMG \u201cwas not taken lightly”, but that its Irish arm was no longer viable following a strategic review.<\/span><\/p>\n New Look said it was now set to refocus its investment on its UK arm and digital offering.<\/p>\n A spokesperson for the brand said: “We remain confident in the UK market and take pride in offering our customers great-value, high-quality fashion.”<\/p>\n The business narrowed its pre-tax losses to \u00a3374.5m for the year to 1 December, up from the \u00a3393.6m loss the year prior.<\/p>\n Its plans to cut costs comes as the group has invested more than \u00a3800m into its workforce over the past four years. The brand runs around eight R&D sites in various countries, with roughly half in the UK.\u00a0<\/span><\/p>\n Although CEO Tim Steiner did not specify the number of job losses, he insisted it would be \u201csignificantly\u201d fewer than the 1,000 redundancies made across the company during 2023-24.<\/span><\/p>\n The retailer placed an unspecified number of jobs into consultation, having \u201cthoroughly\u201d reviewed its cost base.<\/span><\/p>\n Seasalt said the measures would allow it to \u201ccontinue investing in our growth plans\u201d while dealing with hiked employer National Insurance contributions and \u201ca continued decline in positive customer sentiment and rising inflation rates\u201d.<\/span><\/p>\n The retailer appointed advisors at Moorfields to manage a liquidation process and “hundreds of staff members” are expected to be impacted, The Sun reported.<\/span><\/p>\n Workers may not be given redundancy pay following the chain\u2019s collapse, according to the newspaper.<\/span><\/p>\n The footwear giant\u2019s president Colin Temple said: \u201cDue to ongoing economic challenges, we recently made the difficult decision to restructure certain areas of our business.<\/span><\/p>\n \u201cThis restructure includes a combination of voluntary and compulsory redundancies across our stores and head office locations, resulting in 39 roles being made redundant across the whole business.\u201d<\/span><\/p>\n Job cuts at the brand were initially reported at the end of January, when it was revealed Schuh had begun a voluntary redundancy process.\u00a0<\/span><\/p>\n The clothing brand, <\/span>which delisted from the\u00a0London stock exchange earlier this year, appointed Teneo as administrator after ongoing financial struggles.<\/p>\n A pre-pack administration deal is set to see the remaining assets acquired by Orion Retail, a subsidiary controlled by the founding Ramzan family.<\/p>\n Despite the store closures and job cuts, a significant portion of the retailer\u2019s staff members are expected to be saved under its restructuring, w<\/span>ith 42 stores to continue operating under new ownership.<\/p>\n Quiz CEO Sheraz Ramzan said: \u201cWe are deeply sorry to those affected by the store closures, including our retail colleagues. However, this decision will put the business in a more sustainable footing for the future and protect several hundred jobs as a result.\u201d<\/span><\/p>\n![\"Aldi\"](\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2024\/11\/Aldi-store-e1730825466134.jpg\")
<\/span><\/p>\nAdidas<\/h3>\n
![\"Adidas\"](\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2023\/01\/shutterstock_1465483622.jpg\")
Adidas confirmed it was slashing up to 500 roles at its Herzogenaurach headquarters earlier this month, under a wider strategy to lower operational complexity and reduce costs.<\/span><\/p>\nFrasers Group<\/h3>\n
![\"Frasers\"](\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2025\/03\/frasers-shutterstock_2559525881.webp\")
<\/span><\/p>\nIn The Style<\/h3>\n
![\"In](\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2023\/03\/RG-image-1.jpg\")
Fast fashion retailer In The Style slashed at least 17 roles at the end of February ahead of its collapse this month.<\/span><\/p>\nNew Look<\/h3>\n
![\"New](\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2023\/11\/nre-look_shutterstock.jpg\")
Last month, New Look announced it was exiting the Irish market and would be <\/span>shutting all of its 26 shops across the Republic of Ireland.<\/span><\/p>\nOcado<\/h3>\n
![\"Ocado\"](\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2024\/05\/Ocado-website.jpg\")
Ocado is reducing its research and development (R&D) team across the UK and globally in efforts to return to profitability.\u00a0<\/span><\/p>\nSeasalt<\/h3>\n
![\"Seasalt\"](\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2023\/03\/shutterstock_1814631398.jpg\")
Cornish fashion brand Seasalt warned it would be making \u201ca number\u201d of redundancies across its operations to cut costs ahead of<\/span>\u00a0\u201cincreased tax burdens following the budget\u201d.<\/span><\/p>\nSelect Fashion<\/h3>\n
![\"Select](\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2025\/03\/shutterstock_324471488.jpg\")
Select Fashion is thought to be on the brink of collapse, with 35 shops expected to shut across the UK after closing 35 already this month.<\/span><\/p>\nSchuh<\/h3>\n
![\"Schuh](\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2020\/04\/Schuh_fashion_shoes_sign_ST.jpg\")
Schuh cut 39 jobs in its head office and stores last week, with some roles going on a voluntary basis, under a broader restructure to drive down costs.<\/span><\/p>\nQuiz<\/h3>\n
![\"Quiz\"](\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2022\/12\/QUIZ-Arndale-store-696x419-1-1-1-1-1-1.jpeg\")
Quiz fell into administration last month, leading to the closure of 23 shops and the axing of around 200 roles.<\/span><\/p>\n