5. Retail in Wales
• The retail sector generates 10% of the Gross
Domestic Product of Wales compared with 7%
for the UK as a whole.
• Retail employment accounts for around 10% of
total Welsh employment.
• There are 8,965 retail businesses in Wales operating from 13,670
premises.
• Approximately 12 per cent of business establishments in Wales
are retail, accounting for 5% of the UK total
• Cardiff is the sixth most important retail destination in the United
Kingdom
7. Cardiff as a Retail Flagship
9000000
8000000
7000000
6000000
5000000
4000000
3000000
2000000
1000000
0
Belfast Cardiff Liverpool Manchester Glasgow Birmingham
Population Regional population Catchment population Overnight visitors
8. Anatomy of a Welsh Consumer
• Unemployment in Wales 8.4% v 7.9% UK average
• 21.1% Welsh children in workless households cf 16.2% in NI,
15.9% in England, 15.3% in Scotland
• Median gross weekly earnings £456 v £487 in Scotland and £442
in NI
• Labour productivity 15.9% below UK average
• GVA growth Cardiff 91%, London 118%,
Belfast 99%, Birmingham 74%
9. Spending power
GVA
25000000000
20000000000
15000000000
10000000000
5000000000
0
Belfast Cardiff Liverpool Manchester Glasgow Birmingham
GVA
10. Vision for County and Market Towns
• A Unique Sense of Place
• Attractive Public Realm
• Planning for Success
• Safety and Security
• Accessibility
• Supportive Regulatory
and Fiscal Regimes
11. Rural Services in Wales: Retail
Rural Retail S ervices
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Specialist General Post Office Food outlets Petrol Pharmacy Pub Farmers' Bank
stores stores station with market
shop
12. Rural Service in Wales: Non-retail
R ural Non- retail S ervices
120%
100%
80%
60%
40%
20%
0%
Primary Secondary GP surgery Day care Dentist Meeting room Bus service
school school group
13. Impact of Community Size
Community S ize and Retail S ervices
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Food shop General store Post Office
Under 1000 1000-2000 2000-4000
14. Promoting diversification and rural
quality of life
• Strong community co-operation and
cohesion, established partnerships
• Established tourism destination and
developing green tourism
• Service sector opportunities, including
developing local markets for local
produce
15. Promoting diversification and rural
quality of life
• Diversification into non-agricultural activities
• Support for micro-enterprises
• Encouragement of tourism
• Basic services for economy and local people, including
transport and broadband
• Upgrading rural heritage
• Skills and training
16. Retail and rural development
• Food and Drink Supply Chain is vital to Welsh
economy – 230,750 employees, with a combined
turnover £6.5bn
– 44% of retail employees involved
• Food, Retail, Leisure and Tourism all Tier 2
sectors in WG Economic Renewal plan
– Only manufacturing given high priority focus
• Retail links to both Food and Tourism
– Visitor spend on accommodation doubled
when retail spend considered
17. Retail Supply Chain Partnerships
Dedicated Local Sourcing Team
• Dedicated local sourcing team identifying
local products, working with small suppliers.
• Enlists support of regional food groups, Asda
local hub network, customers and colleagues
to discover essential local brands.
• Very small local suppliers need cheap, easy
and risk-free as possible business so:
– Promise to support local products to
ensure they are a success
– Local vendors don’t need electronic
information systems, just internet
– Reduced payment terms, easing cash
flow
18. Retail Supply Chain Partnerships
Working with Small Producers
• M&S worked with Welsh small supplier,
Ultrapharm, to develop a range of ‘Made Without
Gluten’ products.
• Ultrapharm has now built a high-specification
bakery unit, with new equipment and a first class
working environment.
Marc Lewis, CEO of Ultrapharm
M&S has helped us enormously to achieve the
high standards it requires from its suppliers. With
their guidance we’ve made a huge leap forward
not only in terms of capacity, but also with
regards to the range of products we can make.
‘ the sectors typically contain higher-skilled jobs than the average The sectors typically contain higher paid jobs than the average But 4 in 10 16-19 year olds in work, in retail 1 in 6 people with no formal qualification, 1 in 7 people with NVQ Level 1 qualifications work in retail Retail invests £1275 pp pa in training, more than manufacturing or financial services
