The European retail industry experienced a 7% 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 Europe Food and Grocery Retail Market report provides both the historic and forecast market data of total retail sales in Europe, while summarising the trends by value and leading retailers in individual sectors. Buy the report here.
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Notably, Sales and Related Occupations jobs accounted for a 12% share of the European retail industry’s total new job postings in Q1 2023, drop 31% over the prior quarter.
Sales and Related Occupations drive retail hiring activity
Sales and Related Occupations, with a share of 12% new job postings, was the occupation with the greatest hiring activity in the European retail industry in Q1 2023 , ahead of Office and Administrative Support Occupations with an 8% share of new job postings.
The other prominent roles included Management Occupations with a 6% share in Q1 2023, Production Occupations with a 5% share and Transportation and Material Moving Occupations with a 4% share of new job postings.
Top five companies accounted for 52% of hiring activity
Tesco posted 18,253 jobs in Q1 2023 and registered a growth of 27% over the previous quarter, followed by Aldi Einkauf with 16,010 jobs and a 160% growth. Hornbach Holding, with 10,261 jobs, and J Sainsbury, with 7,019 jobs, recorded a 79% rise and a 12% rise, respectively, while REWE Group recorded a 26% decline with a 5,118 new job postings during Q1 2023.
Regional analysis of hiring in the European retail industry, Q1 2023
The UK held the leading share of the European retail hiring activity with a 48.99% share, an 11% decrease over Q4 2022. Germany was next with 21.72%, four-percentage-point down over the previous quarter.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
