Sales of leading 10 UK retailers 2021 | Statista (2024)

FAQs

Sales of leading 10 UK retailers 2021 | Statista? ›

The four biggest retailers in the UK are Tesco, Sainsbury's, Walmart (Asda) and Morrisons meaning that supermarkets dominate the industry.

The four biggest retailers in the UK are Tesco, Sainsbury's, Walmart (Asda) and Morrisons meaning that supermarkets dominate the industry.

There were 314,040 retail businesses as of 1 January 2023. In 2023, retail sales in Great Britain were worth £510 billion, an increase of 3% on 2022. 40 pence was spent in food shops – a 9% rise on 2022. 11 pence was spent in clothing shops (including textiles and footwear) – an increase of 7% on 2022.

Overview. Retail sales volumes (quantity bought) are estimated to have rebounded by 3.4% in January 2024, following a record fall of 3.3% in December 2023 (revised from a fall of 3.2%). This was the largest monthly rise since April 2021 and returned volumes to November 2023 levels.

The food retail market has been dominated by the 'big four' supermarkets – Tesco, Sainsbury's, Asda and Morrisons – who made up over three quarters of sector market share in 2010. Tesco is the largest retailer in Great Britain, with a market share of 27.5% at the end of 2022.

Tesco was the leading retail company in the United Kingdom as of March 6, 2024, with a market capitalization amounting to approximately 24.7 billion U.S. dollars. Next plc followed as the second largest retail company in the country, with a market capitalization of over 13.8 billion U.S. dollars.

The Schwarz Group, headquartered in Germany, is the largest supermarket retail chain in Europe, with a turnover of €125.3 billion in 2021. It operates through two main banners, Lidl and Kaufland, which boast more than 12,600 stores across Europe between them.

What is the online share of retail sales in the UK? ›

In November 2023, the value of internet sales as a percentage of total retail sales in Great Britain amounted to 30.7 percent.

Overview. Retail sales volumes (quantity bought) were estimated to be flat (0.0%) in March 2024, following an increase of 0.1% in February 2024 (revised from 0.0%). Within retail, sales were mixed, with automotive fuel and non-food stores sales volumes rising by 3.2% and 0.5%, respectively.

Yet despite this continuous evolution, a constant remains – that the UK retail sector is one of the most competitive and innovative in the world – anchored in the reality that our customers can, and do, vote with their feet.

In 2020, there were approximately 557 thousand business enterprises in the retail and wholesale sector in the United Kingdom, with just 600 of these being large enterprises that employed 500 or more people.

Fastest-growing retail e-commerce countries 2023

Forecasts indicate significant growth in the e-commerce sectors of Asia and America in 2023. Topping the list are Mexico and the Philippines, poised for a surge of approximately 25 percent and 24 percent in online sales, respectively.

Hong-Kong-based online retailer Alibaba topped the rankings, posting a 153.1% CAGR in retail sales for FY2016-2021, growing by 42.7% in FY2021 alone on top of the strong 94.3% growth seen in the prior year.

Amazon has been named as the UK's most successful ecommerce retailers, with UK sales of £26.4bn for 2023/24. For the second year running the online marketplace claimed the lion's share of the ecommerce market, with Sainsbury's (including Argos) taking second place with sales of £10bn over the same period.