Thousands of job cuts

M&Co considering options in high street bloodbath

M&Co

Scottish chain has 262 stores

A high street bloodbath left thousands of retail workers without a job as store owners succumbed to the pressures of the lockdown.

Topshop owner Arcadia and Harrods said they planned a total of 1,180 job cuts.

Earlier, Upper Crust owner SSP Group announced 5,000 jobs will be lost because of the absence of customers at airports and rail stations.

Shirtmaker TM Lewin yesterday announced 600 jobs will go as it switches to online retail only.

Scottish value fashion retailer M&Co, which previously traded as Mackays, is looking at options which include a sale of the Renfrewshire-based business.

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