Business / Economy Jan 28, 2019

Retail rout deepens as U.K. and Germany lose thousands of jobs

Europe's retail crisis deepened as companies in the U.K. to Germany are set to cut thousands of jobs as online shopping accelerates erosion of sales from traditional bricks-and-mortar stores. Tesco, the biggest U.K. grocer, will eliminate about 15,000 positions and close meat, fish and delicatessen ...