TUI are set to close 166 of their high street shops across the UK and Ireland. Debenhams first collapsed in April 2019, but agreed to a company voluntary arrangement (CVA) with its landlords to cut costs in order to save the business. TUI has said it is planning to cut costs across the globe by 30 percent. MORE: ‘Significant’ number of redundancies proposed at KLM Engineering in Norwich. Use my current location. - Credit: Archant. “Customer behaviours have already changed in recent years, with 70% of all Tui UK bookings taking place online. TRAVEL giant TUI is closing 166 stores in another blow for the industry, impacting 900 staff. It has said none of its shops which have reopened following coronavirus are at risk. The tour operator said that a total of 583 jobs will be lost after they either sell off or close 70 of its stores. “We plan to offer from July a variety of destinations including Spain, Greece, Cyprus, Italy, Croatia, Bulgaria, Portugal, Austria, Germany and Switzerland.”. Macy’s will close roughly 125 stores, a fifth of its locations, over the next three years. Tui is to close 166 high street stores in the UK and the Republic of Ireland, the tour operator has announced. TUIhas announced that it will be closing 70 stores in Francetoday which could see nearly 600 people lose their jobs. International Travel Can Resume Without Waiting For Vaccines Says WTTC, Govt To Meet Airlines To Discuss Option For Resuming Regular International Flights, Delhi To Kolkata Direct Flights Now Allowed On All Days, Virgin Atlantic Cancels Launch of Manchester Flights From India, Emirates Announced Daily Flights To Istanbul From 21 December, Cox & Kings Promoter Arrested By ED In Money Laundering Case, Ezeego1 Promoters And Directors Booked For ₹946 Crore Loan Fraud. TUI stores closed at the outset of the coronavirus pandemic, as countries rapidly closed their borders in response to the deadly disease. They added: “Overall, the TUI Group aims to reduce its overhead cost base by 30 percent worldwide. The firm, which has only recently resumed some holiday flights after lockdown, Coronavirus figures suggest Norfolk tier drop hopes will be dashed, Woman taken to hospital after being hit by bus in city centre, 'It's not worth the risk' - Shoppers react to rise in coronavirus cases, Aviva dividends set to take hit after another sell off, Police attended reports of row hours before fatal house fire, Tributes to UEA academic who died in fire at house of 57 years, Tributes pour in for property entrepreneur and ambassador, Dazzling Christmas lights to take over village, Coronavirus vaccinations in Norfolk and Waveney GP surgeries to start, Covid cases in Norfolk back above 1,000 a week, figures show. The UK’s biggest tour operator is … Wednesday 09th December 2020 . “As a result of our integrated business model we have been in a position to restart the business quickly.”. Travel agents TUI is closing its Falmouth store. The holiday company uses various procedures and measures to ensure that its customers stay safe while traveling. They further added: “In addition to these two flights, a further 20 departures are planned in the coming days, to include Faro as the second destination. It added: “TUI France was already loss-making before the pandemic. TUI has announced it will reopen some of its stores on July 6. The travel firm says the move comes in reponse to changing shopping habits, with the shift online "accelerated" by COVID-19. TUI STORE FINDER. Register for Expotur Virtual and win a trip to Costa Rica. Author: Lewis Michie Published 30th Jul 2020 Last updated 30th Jul 2020. Pic: Tui, ‘Significant’ number of redundancies proposed at KLM Engineering in Norwich. 21 Oct 2020 . Bed Bath & Beyond has announced the first 63 stores it will close by the end of the year as part of a restructuring plan brought on by Covid-19. Tour operator Tui, with outlets across Norfolk, is to close almost a third of its shops, moving staff to work from home instead. “In a structurally challenging market with a high cost structure and low margins, the company had been making losses in recent years. Pic: Tui TUI to close 166 stores across the UK and Ireland. Coronavirus: Tui to shut 166 high street shops in UK and Ireland. Thomson and First Choice to close 100 stores. 166 Tui stores are set to close (Picture: Getty Images) Travel giant Tui has announced it will close 166 stores across the UK and Ireland. Tour operator Tui, with outlets across Norfolk, is to close almost a third of its shops, moving staff to work from home instead. TUI is set to close 166 high street stores in the UK and the Republic of Ireland, the tour operator announced today (July 30). For the latest travel news and updates, Follow and connect with us on Facebook, Twitter and Linkedin! Win a prize bundle with Memphis Tourism. Starbucks will close up to 400 stores over the next 18 months while also expanding curbside pickup, Drive-Thru and mobile-only pickup locations. The shop … The company was planning to restart on July 1. « Back | Call us on: 0203 451 2688 Some images shown throughout this website do not represent current operational guidelines or health and safety measures such as face masks and physical distancing requirements. Updated July 13, 2020 2:20 pm. 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The closures come due to the lack of footfall in some shops as a result of the lockdown (Photo: Shutterstock) Boots has announced it is temporarily closing … Posters have been plastered across the front of the shop saying the branch will close tomorrow. In a statement TUI said: “The project foresees a reduction of 583 jobs, in the scenario of the closing of all own retail shops, which is approximately 60 percent of the current Tui France staff base. Thursday 30 July 2020 3:43 pm Tui to close 166 high street stores and cut 270 jobs. TUI is confident that they will be restarting their operations soon. Manuel Cortes, general secretary of the Transport Salaried Staffs’ Association, which represents staff in the travel trade industry, said: “We have been warning for weeks that high street travel shops could become a thing of the past unless the government took urgent action.”. Klm Engineering in Norwich is India ’ s biggest tour operator said that a total of 583 will! 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