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Retail Business Statistics |
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Retail Business Statistics
9% of all VAT-registered businesses in the UK are retailers, with the total number currently at 197,990.
UK retail sales were £278 billion in 2008, of which sales by predominantly food stores were over £127 billion.
The retail sector generates almost 8% of the Gross Domestic Product of the UK.
More than a third of consumer spending goes through shops.
Sales over the internet account for less than 4% of total retail sales, despite strong growth in recent years.
In 2007, there were 297,850 retail outlets in the UK.
The retail industry employed over 2.8 million people as at the end of September 2008. This equates to 11% of the total UK workforce.
Over the last five years, employment in retailing has fallen by nearly 2,500.
The BRC-Nielsen Shop Price Index shows the price of shop goods are 1.9% higher than a year ago. This is slightly higher than the 1.8% increase in the ONS CPI All-Goods Index.
For more information please visit the British Retail Consortium website.
| UK INTERNET RETAIL 2007 |
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The e-retail market grew at its fastest pace for five years in 2006. Despite years of breakneck growth, there is no sign that the online boom is set to end.
In 2006, online retail spending grew by 33.4% – almost 13 times faster than the retail sector overall – to a record £10.9bn. This pushed the sector's share of total retail spending to 4.0%, a 0.9 percentage point jump on 2005. It also means that over £1 of every £3 of extra money spent by consumers at retailers in 2006 compared with 2005 was spent online.
One in three adults is now an online shopper. In 2006 18.0m consumers bought retail goods over the Internet, a 23.1% increase on 2005. (In common with all market data in this report we exclude purchases of services such as travel and events tickets, and insurance).
The online shopper population has been boosted by widespread uptake of broadband services whose costs have fallen markedly over the last two years. Also, retailers have begun to market their online services much more prominently and see online development as a key channel for future growth now that teething problems have been resolved. |
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Top 250 Companies in The European Community |
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