Retail

Companies competing in today's complex and fast evolving retail industry are facing many challenges some of which are the following:

• Changing consumer demands - drive for innovation, increasing transparency, accountability and loyalty;
• Slowdown of growth in consumer spending - flexibility in supply chain, good management information, contingency planning;
• Margin pressure - stock loss, supply chain efficiency, competitor activity and employee costs;
• Property - availability of right sites, cost of property and flexibility;
• Increasing legislation and regulation - end of life directives, packaging waste, emissions, grey goods, intellectual property and pensions;
• Brand - brand evaluation, brand development and brand protection
• Managing growth - infrastructure, cost control, employee issues and acquisitions.

At KPMG we understand these issues and work with some of the highest profile and innovative retailers - improving internal controls, undertaking global due diligence and assurance, implementing cost and tax saving packages - to help achieve and sustain competitive advantage.

For further information about our services or if you would like one of our professionals to contact you, please contact us.