Global Scans · Retail · Weekly Summary

• On Thursday, the coffee giant unveiled a $1 billion restructuring plan that will shutter more than 100 North American cafes, cut 900 non-retail jobs, and remodel over 1,000 locations. Fortune
• More than 90,000 retail jobs lost last year amid 'rising tide' of employment costs ONS figures show 360,000 roles have been lost from the retail sector over the past decade, warned the BRC. Farm Shop & Deli Show 2026
• Retail investors poured $6.6 billion into crypto; potential to generate 8 lakh jobs by 2030 (NASSCOM). / India Legacy IAS Academy
• Online retail giant Amazon plans to cut another 9,000 jobs as it seeks to save costs. BBC News
• An increase in Chinese tourists is essential for Cambodia's tourism industry, as it will provide significant benefits to the Cambodian people, particularly in hospitality, retail, and local businesses, generating more jobs and income opportunities. The Better Cambodia
• More than 400 employees will lose their jobs as REI shifts to focus on its core retail business. New York Post
• Retail jobs, especially entry-level cashier positions, are some of the most accessible employment opportunities in America. Level Up Magazine
• The 2023 Future of Jobs report from the World Economic Forum expects a significant churn of millions of jobs globally in industries like supply chain and transportation; media, entertainment and sports; manufacturing; and retail and wholesale of consumer goods. ZHF Consulting LLC
• Retail trade employment will fall by 586,000 jobs through 2030, given the shift from brick-and-mortar to e-commerce as well as automation, such as checkout positions. Barings
• An astonishing 2 million retail jobs were lost in what experts assume will be a permanent decline. Invisible People
• The Ottawa Board of Trade and the Canadian Urban Institute launched the initiative that will create new retail opportunities with the addition of 40,000 new residents and 50,000 jobs over 10 years, creating a more vibrant core that will be a destination. Retail Insider Canada
• The retail sector contributes 10% to India's GDP and is expected to create 25 million new jobs by 2030. Indian Retailer
• Cuts could result in the loss of 143,000 food-related jobs in agriculture, retail grocery and food processing. CNN

Last updated: 13 October 2025