Leading 10 retailers in the United Kingdom (UK) 2022
The United Kingdom’s leading retailers were supermarket chains, with Tesco ranking at the very top based on its annual sales of approximately 53.2 billion British pounds for 2021/2022. Together with Sainsbury’s, Asda, and Morrisons, this quartet is often referred as “Big Four” in the UK grocery retail market. When combined, Big Four sales constitute over 55 percent of the grocery market in the UK.
Despite concerns around decreasing consumer interest, department stores such as Marks and Spencer continues to be the UK’s most successful retailers. The company, which generated over nine billion British pounds in the year 2020/2021 is a hybrid business of grocery and clothing/general retail. That said, Marks and Spencer's food segment currently delivers more revenue compared with the brand’s other retail operations.
As displayed in the present statistic, in addition to UK’s homegrown retail companies, online players like Amazon are imprinting their influence on the landscape as well. Amazon sales for the 2020/21 period placed the retailer in the top 10 ranking. Over the years, the global online retail company’s UK sales rose exponentially, reaching about 32 billion U.S. dollars as of December 2021.
Department stores still relevant
Despite concerns around decreasing consumer interest, department stores such as Marks and Spencer continues to be the UK’s most successful retailers. The company, which generated over nine billion British pounds in the year 2020/2021 is a hybrid business of grocery and clothing/general retail. That said, Marks and Spencer's food segment currently delivers more revenue compared with the brand’s other retail operations.
Amazon in the UK retail scene
As displayed in the present statistic, in addition to UK’s homegrown retail companies, online players like Amazon are imprinting their influence on the landscape as well. Amazon sales for the 2020/21 period placed the retailer in the top 10 ranking. Over the years, the global online retail company’s UK sales rose exponentially, reaching about 32 billion U.S. dollars as of December 2021.
