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Waterstones Bookstore May have to Make Redundancies as Footfall Low

By John Smith • Published: 30 Jul 2020 • 14:50

Waterstones Bookstore May have to Make Redundancies as Footfall Low

Only some stores have re-opened Credit: Tony Monblatt flickr

BRITAIN’S largest high street bookseller Waterstones is reportedly due to make a number of redundancies in its London head office according to the Bookseller periodical.

Having climbed out of losses following the 2008 crisis and overcome competition from Amazon and other online book sellers, the company is now facing challenges caused by the lockdown.

It opened its Covent Garden store in June but after just a week it has to close again due to lack of customers and most of its university sites are still inoperative.

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Written by

John Smith

Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica. Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene. Currently he is acting as Editorial Consultant for the paper helping to shape its future development. Share your story with us by emailing newsdesk@euroweeklynews.com, by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews

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