Released on = August 23, 2006, 12:14 am

Press Release Author = RNCOS

Industry = Healthcare

Press Release Summary = Average Monthly Wages have increased by 47% in five years
resulting in growth of the UK Retail Industry. Further growth expected.



Press Release Body = Over the years, United Kingdom has witnessed sustained economic
development. The Average Monthly Wages have increased by almost 47% in the last five
years. A further increase by 4.6% (CAGR) is expected in the coming four years.

The growth in the income has greatly increased people's purchasing power. There is
an overall willingness to pay more in order to get the best items. This has greatly
influenced the UK food retailing market.

Another factor responsible for this growth is the fact that the number of cars in
the country has risen. This has brought the UK Supermarkets within easy reach of
more sections of the community.

According to "UK Food Retailing Market Forecast (2005-2010)", a market research
report by RNCOS, the growth in the number of households is an important factor in
the growth of the UK retail market. The past five years have seen a growth of 4.2%
in the number of households. The next four years are expected to see a further
growth of 1.8% (CAGR).

Opportunity in UK food retailing market: At the end of year 2005, grocery sales in
UK touched 120.3 million GBP. Convenience stores sales were 24.5 billion GBP. On the
other hand, traditional retailing got only 8% of the total sales.

The report provides the latest and detailed information on the following points:
. The Emerging Global Retail Markets of the World
. The past & current status of UK retail market
. The key role of convenience markets in future growth of the retail markets
. The success factors and sensitivities of the UK Retail Market
. Positioning of different companies in the UK Retail Market

"UK Food Retailing Market Forecast (2005-2010)" a detailed report on the UK food
retail market, is an important tool in the hands of Investors, Business Analysts and
Consultants and people who want to know more about UK Convenience Stores and UK
Supermarkets.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/IM051.htm
For more information about the report please visit www.rncos.com



Web Site = http://http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com