Department store chain announces job cuts

Credit: Fenwick
A department store chain which has one of its nine branches in York is to cut 408 jobs nationwide after being hit by a fall in profits. Fenwick, which has a store in Coppergate, York, said management, support and shop floor staff would be affected by the re-structure. It is understood that the job cuts will take the firm's staff numbers to just under 2,900 people across the country. A spokeswoman told Sky News: "Our annual results reflect the challenging market conditions all department store groups are facing, including incr... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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