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Retail succession in Wales

31.3% of 4,375 trading retail companies in Wales have a director aged 60 or over, against 25.4% for the sector across the UK.

4,375trading companies measured
31.3%have a director aged 60 or over
11.4%have a director aged 70 or over
59.4%are owner-run (one person or family holds 50%+)
59.1%have a single director

Other sectors in Wales

SectorCompaniesDirector 60+Director 70+Owner-runSingle directorMedian age (yrs)
Construction11,07229.8%9.4%57.1%60.0%8
Professional services10,28436.7%11.2%62.1%62.0%9
Property9,96535.8%15.6%42.4%44.7%7
Hotels and food service5,63730.8%10.7%52.3%55.5%6
Health and care4,38429.2%9.3%53.1%51.7%8
Wholesale4,26135.9%13.6%57.1%55.9%9
Software and IT3,71726.9%7.5%61.5%62.3%9
Financial services2,96035.5%11.5%48.8%46.4%7

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