The German retail industry experienced a 14% drop in new job postings in Q1 2023 compared with the previous quarter, with the highest share accounted for by Hornbach Holding with 10,261 job postings according to GlobalData’s analysis of retail company job postings. GlobalData’s Germany Retail Market report provides both the historic and forecast market data of total retail sales in Germany, while summarising the trends by value and leading retailers in individual sectors. Buy the report here.
Notably, Office and Administrative Support Occupations jobs accounted for a 16% share of the German’s retail industry new job postings in Q1 2023, down by 34% over the prior quarter.
Office and Administrative Support Occupations drive retail hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Office and Administrative Support Occupations, which accounted for 16% of the total new job postings in Q1 2023 and were up by 526% year-on-year. Second highest were Sales and Related Occupations, which accounted for 10% and rise by 15% year-on-year, and third highest were Production Occupations, which were 83% of the new job postings and 291% higher year-on-year.
Top five companies in retail accounted for 82% of hiring activity
The highest number of jobs were posted by Hornbach Holding with 10,261, followed by REWE Group with 4,650, while the highest increase was at Aldi Einkauf at 48%.
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