Retail CPD Courses and Workshops Available
More information about Retail
The House of Commons Retail Industry Briefing Paper (May 2015) reports that the UK retail sector is the largest industry based on the number of employees. In 2013, the entire sector accounted for 539,000 businesses with a total of 4.3 million people employed, 15.8% of the total UK population. The retail industry contributed £180 billion to the UK economy output in 2014, 11% of the total, and contributes around £17.5 billion in taxes each year.
Over the past few years, a key development in the sector is the increasing value of internet sales and the change in consumer purchasing practice. From January 2007 to January 2013, the value of retail internet sales rose from 2.7% to 11.1%.