Data: Top 50 retailers by sales during 2015/16 financial year
The top 50 retailers by sales during the 2015/16 financial year
Within the top 10, Aldi has solidified its position and climbed into ninth place.
The discounter’s continued strong growth means it is expected to overtake both the Co-op and Boots in the next edition of this ranking. Read our analysis of the data here.
Aldi’s progress shunted Dixons Carphone into 10th place, while the Co-op and Boots switched positions.
BHS’s collapse last year means it has been removed from this list, while tough trading conditions at Game saw it drop out of the top 50. Selfridges was also just outside the top 50 this year.
These three spots have been taken up by new entrants The Range, Asos and Inditex.
Asos’s profile is arguably higher than its 49th position might suggest, but it is easy to forget that it generates such a large proportion of its turnover internationally and it has taken a while for its domestic business to reach the required threshold.
While H&M has had a long-standing presence in this ranking, fellow fast fashion giant Inditex cracked the top 50 for the first time.
The Spanish retailer trades through Zara, Zara Home, Massimo Dutti, Pull & Bear and Stradivarius in the UK, but much of its growth has been driven by Zara, which accounts for just over 90% of its UK sales.
Retailers that have made great leaps over the year include Ocado, H&M and New Look, although the latter is unlikely to maintain its upward trend in next year’s ranking given its poor domestic performance in 2016/17 to date.
In contrast to last year, general merchandise discounters such as Poundland, B&M Bargains and Home Bargains had a more muted performance.
Home Retail Group makes its last appearance in the table, with the Sainsbury’s acquisition of Argos set to help solidify its position as the second largest retailer in the UK. Despite this, Tesco remains comfortably ahead in first place.