INFO Magazine - Focus on Retail in The age of disruption

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Retail disruption in The age of

UK retail sales totalled

£333 billion in 2014 UK online retail sales totalled

£37 billion in 2014 Retail accounts for

20% of UK GDP 4.4 million employees in the retail industry – it is the largest private sector employer in the UK Retail pays

£27.5 billion tax per year Retail pays

£8 billion per year in business rates Retailers purchase

£220 billion worth of goods, supporting £55 billion from other sectors The retail industry represents 14% of all UK non-financial sector investment

Source: British Retail Consortium and Office of National Statistics


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