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Industry News Articles

Stead and Simpson cuts 500 jobs

14 December 2012

High street shoe retailer Stead and Simpson has announced that it will close 90 stores across the UK, resulting in approx 500 job losses.

The footwear company has 227 stores in the UK, and employs 1,400 people.  More than 40,000 jobs have already been lost on the high street in 2012 following the closure of JJB Sports and Comet.

The company went into administration in 2008 and was bought by Shoe Zone.

Naomi Shefford, Marketing and Property Director, at Shoe Zone said: "We have undertaken a thorough review of the Stead & Simpson business over the last few months which has culminated in the winding up of Tyler Ltd, the company that Stead & Simpson stores trade under.

"We want to emphasise that this review has not affected Shoe Zone in any way at all, and has in fact further strengthened this business.

"The review has led to 90 Stead & Simpson store closures. The decision was not taken lightly to close these stores; however, in locations where we have two stores on the same high street, or where stores were not profitable for us, we had to make a business decision to ensure the company continues to be successful".

Flexible Borer's FUSION Attendance Management System

If employees are asked to undertake different shifts or working patterns to the restructing of the company, then FUSION’s Time and Attendance System take this in their stride.

Our FUSION Time and Attendance systems deal with all clocking matters, from simple collection of employees' clocking data, through to job costing and extensive labour hours analysis. Many working patterns – flexi-time, night shifts and overtime are easily created with the software.

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Access Control Systems using Power over Ethernet (PoE) Technology from Borer