Households drive market demand, with household spending representing 80.3% of total demand in 2020. Marks & Spencer Group Plc is the largest company in the UK, generating 2.7% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 9.0% of total turnover in 2020. The total number of companies decreases in 2020, to 479,112 units. The costs of the industry decrease by 0.4% in 2020, largely driven by declining labour costs. The industry’s profitability increases and stands at 13.9% of turnover in 2020, the 11th highest in the region. With turnover of USD200 billion, the UK accounts for 17.9% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Retail in the UK: ISIC 52. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Retail in the UK: ISIC 52 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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