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The Guardian

Next says it may close stores if £30m equal pay claim is upheld

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Retailer says some shops may become unviable despite annual profits nearing £1bn amid international expansionNext said it may close stores if it loses an appeal against a landmark equal pay claim.The fashion and homeware retailer made the comments after shop workers at Next last month won a six-year legal fight for equal pay. Next is planning to appeal the decision and could have to pay more than £30m in compensation if it is unsuccessful. Continue reading…

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Source link : https://www.theguardian.com/business/2024/sep/19/next-annual-profits-near-1bn-overseas-expansion-boosts-sales

Author : Sarah Butler

Publish date : 2024-09-19 19:18:44

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Tags : The Guardian