UK retail prospects for 2018: It could get worse before it gets better
The UK’s retail industry will flatline at best in 2018, according to the latest predictions from the KPMG/Ipsos Retail Think Tank (RTT).
Tag: Economy
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…
Retail growth unlikely to improve in 2016, warns KPMG/Ipsos Retail Think Tank
– Retail risks losing out to other experiences next year – – The National Living Wage, cyber security and operating model change will be at the top of the boardroom agenda – – Delivering a seamless omni-channel experience will continue to challenge retailers – 30 December 2015 With consumer confidence faltering, the KPMG/Ipsos Retail Think…
What are the prospects for UK retail in 2011?
– Consumer headwinds to continue but RTT remains optimistic for retail in 2011 –– Multichannel strategies, international expansion and expansion of grocers’ non-food offer provide growth opportunities – – But the polarisation is set to continue apace between the winners and those with more structural issues to address, as well as across sectors and locations…
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…
What are the prospects for UK retail in 2010?
– Looming economic factors could cause a “retail relapse” warns Retail Think Tank- Part I: Executive Summary Introduction Many could be forgiven for thinking that the worst effects of the recession are over, following better news for the industry lately. The KPMG/Synovate Retail Think Tank’s (RTT) latest Retail Health Index, which recorded an improvement in…