‘Almost no one thinks about how to invest in retail’
By 
Matt Truman2026-05-07T05:30:00
Private equity is looking elsewhere, and many investors show no interest in small and mid-sized retailers, but True co-founder Matt Truman sees opportunity in the industry
UK retail is the largest private sector employer, responsible for nearly one in 10 workers. When combined with the consumer sector, it comprises 410,000 active firms and delivers just under 20% of UK GDP. Put simply, it is the single largest ecosystem by both employment and business volume that spends its days feeding and clothing people.
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