Tesco Fashion Redundancies

 

Tesco Fashion Redundancies

(Image taken from Tesco Website – model wears items from the clothing range)

Following a recent drop in general merchandise sales, Tesco is set to make redundancies within its fashion merchandising team.

The move follows a 0.9% drop in the retailer’s general merchandise sales in the UK, which includes clothing, for the 26 weeks to August 27.

Tesco have started a consultation process this week. Declining to say which positions will be impacted, although they have claimed that the redundancies will only affect a handful of roles.

A Tesco spokesman said: “In these difficult economic times we have reviewed a number of office roles to ensure that we are working as efficiently as possible on the things that we know will make a difference for our customers.

“Following this review there will be a small number of redundancies, subject to consultation. We recognise the impact of this and where possible we will work with those affected to find an alternative role within the business.”

Like-for-like growth across the whole of general merchandise was down 4.8%, compared with a fall of 3.3% in the second half of last year. It said margins have held up “very well”.

General merchandise sales in Europe were strong with clothing sales up by 11%.

High Street retailer Tesco previously annonuced plans for 92 redundancies at their state-of-the-art distribution centre on Gander Lane at Balborough. 

 

By Jennie May Thompson