British retailer Boots to cut 4,000 jobs – ZAWYA

British retailer Boots to cut 4,000 jobs – ZAWYA

British high street reeling as another 5,000 jobs go | ZAWYA MENA Edition HomeEconomyGlobalArticleBritish high street reeling as another 5,000 jobs go British brands including John Lewis and Harrods have announced thousands of job cuts    FILE PHOTO: A logo of the British chemist chain, Boots, is seen in central London October 3, 2005./File Photo/File PhotoLONDON- Britain's high street faces more than 5,000 job cuts after two of its biggest names said that customers were unlikely to return to their old shopping habits after the coronavirus crisis, in the latest blow to the country's ailing economy.Health and beauty chain Boots and department store John Lewis on Thursday joined other retailers in warning that they had to close stores to survive after customers moved online and remained wary of returning to town centres.Boots, owned by Walgreens Boots Alliance, announced 4,000 cuts in a blow to British finance minister Rishi Sunak, who announced his latest plan to save jobs on Wednesday, while John Lewis said it could lose 1,300.Health and beauty chain Boots and department store John Lewis on Thursday joined other retailers in warning that they had to close stores to survive after customers moved online and remained wary of returning