Skip navigation

Gloucestershire Business News

How many more jobs will go in retail and service industries in Gloucestershire?

It's been a busy week in the world of retail and the service sector as we've watched one company after another collapse or announce closures or job losses.

Today, it's the turn of Countrywide Farmers. The future is not looking bright for employees of the company. Although a buyer could still be found for the business, time is of the essence.

Yesterday it was announced that nearly 200 people could lose their jobs at Endsleigh Insurance, one of the county's biggest employers.

And news that the UK's biggest estate agent, Countrywide, which has branches in Gloucestershire under the RA Bennett brand, has made a loss in excess of £200 million inevitably means there will be more job losses to come.

This comes just days after the collapse of both Toys R Us and Maplin. Yesterday, New Look announced that it would be closing 60 of its stores,  with the potential loss of nearly 1,000 jobs. And last week restaurant chain Prezzo said it would be closing around 100 restaurants, including every one of its Chimichanga Tex-Mex branches.

There have been new store openings in the last few months at Gloucester Quays in particular, with the creation of some new jobs. But sadly, it looks like there could be a lot of retail workers out of jobs in the county and across the UK.

These companies just couldn't compete with the prices and products available online. In some cases, their products were no longer what customers were looking for and in other cases they just had too many stores open, with too little footfall, high rents and higher wage bills (the rise in minimum wage has hurt these sectors more than any other).

Whatever the reason, it's a tough time for anyone working in retail, wondering if their job will be the next to go. If you value your high street stores and your favourite restaurants, get out there and use them before we lose even more.

What do you think? Email mark@moosemarketingandpr.co.uk 

Subscribe to Punchline

Related Articles

Julian Dunkerton adds to his pub and hotel empire Image

Julian Dunkerton adds to his pub and hotel empire

Residents hoping to save the pub at the heart of a Cotswold town appear to have cause to celebrate after multi-millionaire entrepreneur Julian Dunkerton bought the property.


Mass brawl at Cheltenham business Image

Mass brawl at Cheltenham business

Shoppers at a supermarket in Gloucestershire got a little more than they bargained for yesterday evening when a mass fight broke out.

Bus company staff celebrate 420 years of loyal service  Image

Bus company staff celebrate 420 years of loyal service

Employees at Stagecoach West have been officially recognised for their loyal and dedicated service to the bus company.

Stabbing threat to businessman because he owned a Bentley Image

Stabbing threat to businessman because he owned a Bentley

Former soldier Warren Bagwell threatened to stab two men because he was jealous of them having a Bentley car with personalised number plates, a court heard.

Copyright 2018 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.