The British retail industry experienced an 11% drop in new job postings in Q1 2023 compared with the previous quarter, with the highest share accounted for by Tesco with 18,253 job postings according to GlobalData’s analysis of retail company job postings. GlobalData’s United Kingdom (UK) Retail Market report provides both the historic and forecast market data of total retail sales in United Kingdom, while summarising the trends by value and leading retailers in individual sectors. Buy the report here.
Notably, Sales and Related Occupations jobs accounted for a 12% share of the British’s retail industry new job postings in Q1 2023, down by 39% over the prior quarter.
Sales and Related Occupations drive retail hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Sales and Related Occupations, which accounted for 12% of the total new job postings in Q1 2023 and were down by 73% year-on-year. Second highest were Production Occupations, which accounted for 8% and rise by 74% year-on-year, and third highest were Office and Administrative Support Occupations, which were 20% of the new job postings and 21% lower year-on-year.
Top five companies in retail accounted for 64% of hiring activity
The highest number of jobs were posted by Tesco with 18,253, followed by J Sainsbury with 7,019, while the highest increase was at Wm Morrison Supermarkets at 9%.
For further understanding of GlobalData's United Kingdom (UK) Retail Market, buy the report here.