To boost retail and unleash its potential for further growth, EuroCommerce has called upon the European Commission to launch a European Retail Action Plan.
To boost retail and unleash its potential for further growth, EuroCommerce, together with other stakeholders, called upon the European Commission to launch a European Retail Action Plan.
Although the retail sector is strong and competitive, it could grow even further, employ more people and provide even better value for consumers if certain obstacles in the Single Market were addressed.
Following a call from the European Parliament in its report on “a more efficient and fairer retail market” in July 2011, echoed by EuroCommerce, together with ERRT, Euro-coop and UGAL/Independent Retail Europe, the Commission issued a Communication on "Setting up a European Retail Action Plan" in January 2013.
In January 2014, the Commission also set up a High Level Group on Retail Competitiveness. Chaired by DG MARKT deputy Director General P. Delsaux, the High Level Group’s mission is to assists the Commission in developing policies to improve the long-term competitiveness of the EU retail sector.
A vital and competitive sector: As Europe’s largest private sector employer, retail could create yet more jobs and wealth. Commerce is highly competitive and dynamic, constantly innovating and enabling social mobility.
Action Plan: An action plan for retail should address the often regulatory barriers to growth facing retailers, in order to unleash their potential to create jobs and wealth. First and foremost, the Single Market must become a reality.
Championing retail: The action plan and its High Level Group on Retail Competitiveness are a unique opportunity to establish a permanent dialogue with EU institutions and build a better understanding of retail.