Retail employment rose 0.5% in fourth quarter of 2011 Thu, 26th January 2012 Retail employment rose 0.5% in fourth quarter of 2011Thursday January 26th 2012
Figures from the BRC-Bond Pearce retail employment monitor have shown that retail employment rose by 0.5% in the fourth quarter of 2011 compared with the same quarter a year earlier. During the same period the number of retail outlets grew by 1%, with an additional 528 shops. The Monitor measured a net fall in the number of non-food stores in December compared with the same time last year. The overall increase in the equivalent number of full-time workers and stores was driven by food retailers. The fall in full-time equivalent non-food workers was driven by a loss of part-time jobs, which fell fastest. Stephen Robertson, British Retail Consortium director general, said: "Following reductions in non-food staff numbers during 2011, we're now seeing stores close. Retailers are focused on reducing costs and reviewing property portfolios, which means employment prospects are weakening. After a raft of retail failures in the first few weeks of 2012 there is a danger more stores will be pushed over the edge. Christina Tolvas-Vincent, head of retail employment at business law firm Bond Pearce, added: "There are still those who remain fairly optimistic for 2012, despite the tough trading conditions. The disparity between food and non-food retailers remains and some supermarkets will continue to provide growth. However for many non-food retailers the focus is more on survival than growth and those who feel vulnerable already need to do everything they can to prevent outright failure.
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