Tui to shut 166 UK, Ireland stores as Covid-19 hits footfall
Tour operator Tui on Thursday said it was shutting 166 stores in the UK and the Republic of Ireland as it grappled with the collapse in travel caused by the coronavirus pandemic.
The cutback will leave TUI with around 350 shops. The travel company cited changing consumer habits during lockdowns as the shift to online bookings "accelerated".
Germany-based TUI said it would try to reallocate 70% of the 900 staff affected to homeworking sales and services roles or to the remaining high street stores.
The firm already announced plans to cut 8,000 jobs worldwide due to the coronavirus, which it described as "the greatest crisis" the travel industry has ever faced.