Retford - Economy

Economy

Retford has a strong economy mainly consisting of services with some light industry. The town itself is an important commercial centre for the local area, with large supermarkets, many independent shops and a market every Thursday, Friday and Saturday. Retford's town centre has an empty shop rate of only 5%, which is impressive considering the national average of 14.6%. There has also been substantial population growth and many new houses, with buyers attracted by the Retford's convenient location for commuters. Bassetlaw Council recently invested £1.5 million in Retford market square and £2.5 million in Retford Enterprise Centre. Bassetlaw has a very low unemployment rate of 3.3%. The council continues to work with Retford Business Forum on finding ways to help the local economy.

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