A strong brand and international track record

A strong brand and international track record will attract right funds and equity-related capital funding for an international acquisition. Retail sector is making extensive contribution to the economy, exercising and regeneration (14 March 2007).More than 3.2 one million million million people work in sell and it is now the UKs triplet largest industry behind strain services and the health sectorRetail employment is so crucial to todays economy that its flesh as a sector full of shelf-stacking low-skilled jobs should be swept aside. That is one of the conclusions of a new report which analyses the contribution of the retail sector to the economy, employment and regeneration of the UK.According to the report, produced by international situation consultancy King Sturge in association with Business in the Community, more than 3.2 million people work in retail which, following the slump in manufacturing jobs is now the UKs third largest industry behind business services and the health sector. And the report says it is time that retailers launched a co-ordinated campaign highlighting the fact that right(a) retail jobs assisted individuals to develop their skills and c beers which, in turn, provides real benefits to local anaesthetic communities.At the end of last year, Nottingham had 20,000 people functional in retail and was ranked 11th in the league table of big urban centres most capable on retail employment.According to Matthew Smith, Nottingham-based partner of King Sturges East Midlands Office Retailing has proved to be one of the main contributors to employment creation in beas where there has been a loss of manufacturing jobs and although numerous employees, especially women, are part-time it must be stressed that 95 percent of all part-time jobs are classed as permanent.Indeed, the flexibility of part-time employment suits many people who have to dovetail working arrangements with family commitments. decision year, the retail sector employe d 1.75 million part-time workers a total that accounted for more than 20 percent of all part-time employees in the UK.According to Mr. Smith The focus of much of the debate on retail today has been on the impact that it has had on the look and feel of city centres and the modern High Street. This report is incompatible because it looks at the impact of retail on people who work or have worked in the sector.There is a perception that retail employment does not create real jobs only part-time or entry-level jobs that are unsustainable in the long term and contribute little to the wider economy. But let there be no mistake, retail is a major source of employment today and in government-identified deprivation areas retailing accounts for 1.1 million jobs, equivalent to ten percent of the workforce. Our document, however, should not be treated as the definitive report on the subject it is there to further stimulate the debate and to be the catalyst for further research,.According to D r Angus McIntosh, dubiousness of Research at King Sturge The time is right for retailers to confidently describe the benefits that people receive from working in their industry benefits which employees themselves describe as helping to improve their skills and employability being given a good start to career or work life prospects and helping to increase self-confidence.For too long the cypher of retail as full of shelf-stacking, low-skilled jobs has been allowed to perpetuate. This must now actively be countered with a positive image of employment in the sector, confidently presented to all.Dr McIntosh said It is recommended that retailers launch a concerted and co-ordinated campaign, highlighting the fact that retail jobs are good jobs that assist individuals to develop their skills and careers and which provide real benefits to local communities.He said that many property developers recognised the benefits of helping recreate the communities in which their developments were lo cated. These included strengthening the core purpose of the local High Street through the provision of retail space but also adding community facilities much(prenominal) as a nursery or doctors surgery to a development site.