I understand your point.
Oh, you know the profit made from Outriders? Also how much money Squeenix is getting for putting it on GamePass? Please share.
As for the OP, aren't most game sales digital already nowadays? You need more info to make any sort of compelling argument.
1. How many physical sales there were
2. How many digital sales there were
3. What is the PS/Xbox split in the UK
Also retailers really don't make much money on software sales, they make them on accessories and in most game retailers case, used games. That's why if you go into a US GameStop store nowadays it's probably 40% games and 60% accessories and overpriced pop culture trash.