THE RETAIL BULLETIN - The home of retail news
Lest we forget
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Waterstones starts consultations with 560 managers

Waterstones has told 560 managers that their jobs are at risk as it prepares to restructure its business to "secure the future" of the bookshop chain.

GENERAL MERCHANDISE

Waterstones starts consultations with 560 managers

Waterstones has told 560 managers that their jobs are at risk as it prepares to restructure its business to "secure the future" of the bookshop chain.

In an email to staff seen by the Bookseller magazine, managing director James Daunt said that the chain’s branch managers, assistant managers, general managers and deputy managers will enter into a consultation before the company is restructured and the roles are abolished. Under the new structure these positions will be replaced by a bookshop manager whose role will "call on different skills".

Waterstones said that the move was partly a result of "unforgiving trading conditions" but would help the company to become a "better, stronger bookseller" as it focuses more on traditional shop-floor bookselling.

Daunt added: "These changes are not primarily about saving costs. We have restructured the business and moved to a cluster system, which no longer requires a mainly administrative management in our shops."


 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
AI in Retail Conference 2019
AI in Retail Conference 2019
18 September 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019