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Thomas Cook is planning the closure of 50 stores

Thomas-Cook
If the plan was to go ahead, the travel operator would close the Thomas Cook and Cooperative Travel branded stores by March 2018.

The move comes in the wake of a fall in footfall leading to a decline in profits at the travel agency. 400 people are said to be affected but the company will rehouse many of them.

Saying this, online sales are on the increase.

Stores generated 47% of Thomas Cook’s holiday bookings in 2017, but online sales have grown 27% in the UK.

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