Shop Direct is proposing to close seven of its The Outlet stores, its Bargain Crazy website, Bolton fulfilment centre and related staff. Redundancy consultations are underway with the affected 140+ staff members.
“While it has been successful in clearing unsold stock for many years, our standalone operation Littlewoods Clearance is expensive to run and is losing money,” said group retail director Sam Perkins, adding, “Aware of this, and the need to continue our digital transformation, which has seen us remove the catalogue and consolidate brands in recent years, we reviewed alternative options for clearance.”
Shop Direct will now sell its unsold stock in bulk.
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