“Retail sector is one of the growth engines for the nation’s economy, with a double-digit contribution to the GDP, and employment to nearly 35 million individuals in FY2020,” said Amitabh Kant, CEO, Niti Aayog.

How many people work in retail around the world?

Today, nearly 16 million people work in retail, accounting for more than one in ten workers. The industry includes companies like Walmart, the nation’s largest private sector employer (and the employer of 10% of retail workers), but also thousands of small businesses from restaurants to bowling alleys to gas stations.

How many retail workers are there in the UK?

During 2019, an average of 3.1 million people were employed in the retail industry in the UK.

What is the average age of a retail worker?

Frontline retail workers come from all age groups, with a median age of 40. Roughly one-fifth of all frontline retail workers are early in their careers (ages 19 to 24). A similar share are older, later-career workers (ages 55 to75).

Which retail stores pay the most UK?

Aldi has become the best-paying supermarket in the UK after it increased the hourly rates of pay for store colleagues. The discount grocer has strengthened its position as the UK’s best-paying supermarket after increasing the minimum hourly rates of pay for store colleagues.

Who are the workers in the retail industry?

Blacks comprised 12.5% of the retail workforce compared to 11.4% of the total workforce; Hispanics were 18.7% and 17.5%, respectively. Retail workers were less likely to have a bachelor’s degree or more.

How many retailers are there in the United States?

There are 2.1 million ecommerce retailers in the US. (etailinsights, 2021) Total US retail sales for December 2020 was valued at $540.9 billion. (U.S. Census Bureau, 2021) The US retail market saw a 0.7% month-over-month decrease in December 2020.

How much money does a retail manager make?

Sales managers in the retail industry make an average of over $36,000 per year. The clothing and accessory sector of the retail industry is one of the largest.

How many people work in a grocery store?

In 2018, around 1.3 million retail workers were employed by grocery stores. The count of retail workers in general merchandise stores, including warehouse clubs and supercenters, was around 865,000. In addition, 535,000 worked in department stores.