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PRIVACY
Retail & Consumer

Plans to revive the Welsh retail sector unveiled

The new retail sector action plan has been welcomed by union and retail trade bodies

Vaughan Gething launched the plan during a visit to Llandudno town centre and some of the town’s leading retailers, including New Look.

Plans to revive the retail sector in Wales have been unveiled by the Welsh Government and the Wales Retail Forum. The retail sector is one of the largest private sector employers in Wales, employing 139,000 people in 2021.

The new retail sector action plan aims to make Welsh retail more resilient and outlines key policies delivered over a two-year period. Its policies include:

  • championing workforce equality; diversity and inclusion at all levels;

  • embedding fair work principles by promoting the Real Living Wage, the benefits of the Economic Contract and the role of trades unions;

  • promoting the benefits of careers in the sector;

  • assessing skills and training provision;

  • adopting the Town Centre First policy in planning;

  • reducing town centre vacant premises by supporting Local Authorities to match businesses to them or encourage community and other worthwhile use;

  • working collaboratively to promote town centre/high street events to increase footfall;

  • creating safer working environments;

  • encouraging the retail sector to move towards net zero.

The Welsh Government said it will also continue to use levers such as the Young Person’s Guarantee and employability support schemes, Transforming Towns funding, Business Wales support and Non-Domestic Rates relief to support the growth of the sector.

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The plan has been welcomed by the Welsh Retail Consortium (WRC), Wales TUC, and the Association of Convenience Stores (ACS).

Head of the WRC Sara Jones said: “Welsh retailers have shown exceptional fortitude and resilience to come through the challenges of the past few years, a period of profound transformation for the industry which was accelerated by the Covid-19 pandemic. The Welsh Retail Consortium is delighted to have partnered with the Government to develop this action plan which recognises the substantial economic and social contribution that retailers are making in Wales and outlines a shared approach to sustainably grow the industry.

“The plan has clear purpose and intent and demonstrates a shared willingness from the sector and Government to work in partnership and give the industry the support it needs to thrive. There is plenty to build on, and much work still to do, but we are confident that the sector is being listened to. The WRC will continue to press the case for prioritising the needs of our members, colleagues, and customers, helping to unlock the barriers to enabling Welsh retail to prosper in the years to come.”

Shavanah Taj, Wales TUC general secretary said: “Designing the Retail Action Plan in social partnership means that workers, employers, and government all have a stake in its success.