The short and medium-term impact of Brexit on the retail sector

In the immediate aftermath of the Brexit vote, political uncertainty had led to a dampening of consumer confidence In the medium-term, as currency hedging unwinds, the cost of goods purchased overseas will effectively become more expensive. The debate for retailers will then be whether to increase prices or absorb the loss into margins In the…

Black Friday

The future of the grocery sector in the UK

‐  Price wars are a “race to the bottom” and could deter future investors‐   Shift to convenience store shopping has been driven by retailers ‐ not consumers  ‐  But convenience stores sales are now so significant they  risk rendering hypermarkets obsolete in their current form ‐   ‘Drive through’ supermarkets and free doorstep delivery…


Post Spending Review: the impact on the retail sector?

KPMG/Synovate Retail Think Tank White Paper – #18 -Low growth environment set to remain – no death knell for the sector -But the effects of the Review will exacerbate current regional trends Part 1: Executive Summary Introduction The coalition government’s Comprehensive Spending Review (CSR) had been widely anticipated by consumers and retailers alike, given the…

Online internet banking

How will the rise in VAT affect the UK retail sector?

– VAT rise should have minimal impact on the health of retail sector, says Retail Think Tank –– But it could also inadvertently act as a catalyst for wider economic changes that may adversely affect retail spending – Part I: Executive Summary The rise in VAT to 20 percent in January 2011 is far from…