– 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
What impact do shop vacancies have on towns and cities across the UK and what can be done to address the problem?
Introduction As the recession continues, there is much talk about how shop closures are changing the face of high streets and shopping centres across the UK. There is plenty of discussion and research about the effect these will have upon towns and cities. For example, statistics published by Experian suggest that one in seven UK…Read More
Introduction The discussion for the KPMG/Synovate Retail Think Tank’s (RTT) latest white paper followed one of the toughest years of trading UK retailers have experienced for many years. In early 2009, at the time of the RTT’s quarter 1 meeting, the economic outlook was extremely challenging for retailers with an increasing number of insolvencies in…Read More