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First manufacturing, now retail

After manufacturing job losses, it would seem the next to go are retail jobs, with Ethel Austin going into administration on Tuesday.

Expect other to follow or for job cuts and store closures to start as other retailers try to avoid the same fate. there is already talk of both JJB and Woolworth's rationalising across Wales.

If that does happen, then given that this is where the vast majority of jobs have been created in Wales during the last few years, we could see the economy in serious difficulties over the next couple of months.

Comments

Anonymous said…
Rhodri & Co are still basking in yesterdays Amazon announcement, they wont care about this sad to say.

It should be worrying our politicians as most towns in Wales have at least one if not all three of these retail stores and combined with the manufacturing losses its already having an impact on the wider economic front in Wales already.
April 17, 2008 3:56 pm
Anonymous said…
Amazon - low paid no prospects and transient
and the jobs -looks good but its over five years
How much willeach job cost us too
WHy not work wit companies like Ethel Austin to see if a little investment could have saved the damn jobs
April 17, 2008 5:02 pm
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