Retail employment revolution - K3 Viewpoint - K3

When the headlines deliver a constant stream of stories about shop closures and the abandonment of new store developments it is hardly surprising that employment prospects in the sector appear extremely poor.

When you add in the developments around automation then it all sounds pretty woeful for the jobs situation in the retail industry. That is one viewpoint. The other is somewhat more positive.

While stores are being closed by some businesses (others continue to expand of course) the fact is that pretty much every retailer will be growing their online operations. The result of this is greater requirements for warehouse space.

Retailers selling online took 12.2 million sq ft of new warehouse space over the past year compared with just 1.5 million sq ft in 2008, with a massive four million sq ft taken by Amazon alone.

Read the full article from the Retail Insider here.