Its revenues over the quarter came in at just £67.8million compared to £4.2billion in the same period last year. Unite has asked 1,700 cabin crew at Thomsonfly if they will support a full strike ballot after TUI failed to guarantee there would be no compulsory redundancies. ", The company has already announced plans to close 166 high street stores, When you subscribe we will use the information you provide to send you these newsletters. You can unsubscribe at any time. TUI is set to close 166 high street stores in the UK and the Republic of Ireland, the tour operator announced today (July 30). The world's largest tour operator TUI said Thursday it slumped to a huge loss in the third quarter as the coronavirus pandemic ravages the global travel sector. The travel giant, which is also closing 166 high street stores as part of a massive cost-cutting drive, reported a £1.3billion loss in the three months to June as a result of the outbreak, Get our daily coronavirus email newsletter with all the news you need to know direct to your inbox. A spokesperson for TUI confirmed that all stores currently open are not at risk of closure, including the Grimsby and Scunthorpe branches. According to a statement, the decision for the closures was made following changes in customer behaviour following the coronavirus (Covid-19) pandemic.. TUI's profits have hit an all time low, but bookings for next year are 145% up, Subscribe to Daily Mirror and Sunday Mirror newspapers, TUI store closures - what it means if you already have a holiday booked, TUI to close 166 travel agent branches in UK and Ireland with 900 jobs at risk, Debenhams launches 70% off closing down sale in stores and online amid 124 closures, The 242-year-old retailer, which went into liquidation on December 1, has launched its final ever clearance, as administrators look to shift stock before it disappears for good, PS5 in stock - PlayStation 5 updates from Argos, Amazon, Currys and more, Where you might still be able to get your hands on a PlayStation 5 in time for Christmas, and where you definitely won't as shops outline what they're doing to get the must-have console back on their shelves, Can I still get a Christmas delivery slot? The major holiday company recently announced that it would be axing all its holidays until July 10, … The star might have to cancel his one-man show because of Covid, Dad forgot his family and how to talk after losing part of skull in Christmas Eve attack, Ian Grimes, 40, was attacked by a stranger as he walked home with wife Bethan and their three children on December 24 last year. Emily Thomson. 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. By Millie Bull PUBLISHED: 12:13, Thu, Jul 30, 2020 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. "We believe Covid-19 has only accelerated this change in purchasing habits, with people looking to buy online or wishing to speak with travel experts from the comfort of their own home. He said that a rights issue, raising money from investors, was among the company's other options to potential business sales but it was too early to say how much more cash, if any, would be needed. Find and book your next holiday at the TUI Holiday Store in Haverfordwest. It comes as the UK's high streets and travel industry have been hit … TUI is set to close 166 high street stores in the UK and the Republic of Ireland, the tour operator has announced. 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 60 … ... TUI store closures. Travel giant TUI on Thursday announced that it will close 166 high street stores in the UK and the Republic of Ireland.. TUI has announced it will close 166 stores across the UK and Ireland. TRAVEL giant TUI is closing 166 stores in another blow for the industry, impacting 900 staff. Follow our complete guide to find your perfect fit, including top tips on how to measure, Best mulled wine for Christmas 2020 to get you in the festive spirit, Find a seat fireside and cosy up with a warming glass of delicious mulled wine, Britain's favourite chocolate bar named as Dairy Milk, Galaxy and more go head to head, Terry’s Chocolate Orange made its debut in the top 10 list ahead of Wispa, Crunchie and coconut-infused Bounty - but what iconic bar claimed the top spot? ", Get the latest money advice, news and help straight to your inbox - sign up at mirror.co.uk/email. "Customers value the personal service and support TUI travel advisors offer; the business is looking to move 70% of the 900 impacted roles into the new homeworking sales and service team," a statement said. August, 3 2020; GlobalData; Following the’s news that TUI is closing 166 travel agencies, Johanna Bonhill-Smith, Travel & Tourism Analyst at GlobalData. Thursday 26th November 2020 . Travel company TUI to shut 166 stores in UK and Ireland Updated / Thursday, 30 Jul 2020 16:28 TUI is to shut the stores in response to the downturn in travel caused by Covid-19 TUI said it hoped most of the losses would be through staff turnover. "Customer behaviours have already changed in recent years, with 70% of all TUI UK bookings taking place online. Your email: Overseas holiday ban to be lifted for whole of England, Canary Islands to accept antigen tests for UK tourists, 'I'm so sorry': MD apologises as long-established operator collapses, Covid-19 causes collapse of up to 21 tour operators, Airports to offer pre-flight Covid tests at Boots stores, Canaries accept cheaper, faster Covid antigen test, Ski operator Alpine Elements to relaunch after calling in administrators, ABTA stance on trust funds will send more companies bust, says travel accountant, BA and American launch Covid testing trial on transatlantic flights, What is GoodtoGo? 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