– 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…Read More
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…Read More
– 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…Read More
KPMG/Synovate Retail Think Tank White Paper #16 -Online retail is not killing the High Street says Retail Think Tank – -Far from it: the internet is helping good retailers become even better as fundamentals of retailing remain the same – Part I: Executive Summary Introduction The size of internet retailing has been the subject of…Read More
– 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…Read More
What changes are retailers making to their HR strategies and operational practices to adapt to the recession?
Introduction The middle of 2008 saw a dramatic sea change in the HR practices of many UK retailers. Driven by the need to cut their cost bases as market conditions took a turn for the worse, numerous retail businesses took decisive action to streamline their operations and reduce staff numbers and costs, both through natural…Read More