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Retail succession in Northern Ireland

31.9% of 3,105 trading retail companies in Northern Ireland have a director aged 60 or over, against 25.4% for the sector across the UK.

3,105trading companies measured
31.9%have a director aged 60 or over
11.7%have a director aged 70 or over
53.2%are owner-run (one person or family holds 50%+)
52.5%have a single director

Other sectors in Northern Ireland

SectorCompaniesDirector 60+Director 70+Owner-runSingle directorMedian age (yrs)
Construction7,70631.4%10.9%52.8%54.6%9
Property5,83844.1%19.8%37.0%42.1%10
Professional services5,62931.1%9.1%58.3%58.4%8
Wholesale3,65633.2%13.1%57.7%54.9%8
Hotels and food service2,84926.3%9.2%53.4%55.6%7
Health and care2,31832.0%11.3%49.3%47.4%7
Financial services2,18737.6%12.7%45.9%43.4%6
Software and IT2,11923.1%6.4%58.6%59.8%8

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