Retailers, who make up around one in 10 of all businesses in Wales, are being given a louder voice with the launch today of the Welsh Retail Consortium (WRC).
The WRC – a sister body to the British Retail Consortium (BRC) – will build on previous BRC activity in Wales. It is dedicated to enhancing the reputation of the retail sector, while ensuring the Welsh Government and local authorities understand how they benefit from working with retailers to support investment and encourage growth.
Today also sees the launch of a new report, ‘Welsh Retail: Serving Our Communities’, which draws on research by Oxford Economics and the Oxford Institute of Retail Management to present key statistics about the retail sector.
Retail is the largest private sector employer in Wales. The sector accounts for more than 11% of the total workforce, providing jobs for around 131,000 people.