The Association of Convenience Stores’ 2017 Welsh Local Shop Report reveals the essential contribution that convenience stores make to the Welsh economy, generating £309m in sales and employing 25,000 people.
The report demonstrates the importance of independent retailers in Wales, with 89% of stores being small businesses. Convenience stores in Wales also have a unique reach into every community, with two thirds of stores located in rural and isolated areas.
Key findings from the report include:
- 57% of convenience stores in Wales operate as an isolated store, with no other retail or service businesses close by
- Convenience stores have invested over £53m in their businesses over the last year on improving their stores
- 20% of Welsh retailers work more than 70 hours per week and do not take any holiday throughout the year
- 89% of independent retailers in Wales have engaged in some form of community activity over the last year, making Wales the most engaged region in the UK in terms of community activity