Inditex, which owns Zara, has started the rollout of its plan to close up to 1,200 stores across the world, despite an agreement with Spanish unions to protect jobs.
According to a report by Reuters, closures in Spain are the first of up to 700 expected in Europe, with a further 100 planned closures in the Americas, and 400 elsewhere in the world.
It said that the company is closing smaller shops, while expanding flagship stores.
An agreement made in December with two Spanish unions, which has been seen by the news agency, said that Inditex plans to ensure that all staff impacted by the closures have new vacancies matching their old contracts within 25km of where they used to work.
But according to the unions, this agreement is not going to plan.
An internal report, also seen by Reuters, found that 40 per cent of new positions offered by Inditex were outside of the region where the employee had worked.
Retail Systems has reached out to Inditex for comment.
Latest News
-
B&Q expands Deliveroo partnership
-
Just Eat partners with Fleurop for rapid flower delivery in Switzerland
-
UK grocery sales up as shoppers opt for healthier options in January
-
Burberry hires new CIO as part of new tech-driven strategy
-
Landmark equal pay ruling could see thousands of Asda workers receive share of £1.2bn payout
-
Sodexo launches first autonomous shop in Australia
Poundland significantly reduces antisocial behaviour, aggression and shoplifting with Motorola Solutions VT100 body cameras
Retail should not be a high-risk occupation. As a company, we are focused on listening to our colleagues and customers to help them with the issues they are facing in-store and so far, the feedback on our body cameras has been excellent. They act as a great visual deterrent, help to de-escalate situations and overall, this project has significantly aided our goal to make the retail environment safer.
For further information on Motorola Solutions’ retail security products, including body cameras, click here.
For further information on Motorola Solutions’ retail security products, including body cameras, click here.
Supplying demand: how fashion retailers can meet the needs of customers and still be sustainable
The fashion industry is no stranger to breaking the mould and setting trends, but the pursuit of style can come at a huge cost to the environment.
New legislation, such as the European Union's Ecodesign for Sustainable Products Regulation, will set mandatory minimums for the inclusion of recycled fibres in textiles, making them longer-lasting and easier to repair.
New legislation, such as the European Union's Ecodesign for Sustainable Products Regulation, will set mandatory minimums for the inclusion of recycled fibres in textiles, making them longer-lasting and easier to repair.
© 2024 Perspective Publishing Privacy & Cookies
Recent Stories