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
Introduction As we approach the key Christmas trading period, the KPMG/Synovate Retail Think Tank’s (RTT) latest discussion focused on the challenges and impacts the sector faces during this crucial time for retailers. Christmas trading in 2009 will be set against a backdrop of this year’s tough economic conditions, part of the longest recession the UK…Read More
Are there limits to the growth of major retailers or will these companies just continue to get bigger?
Introduction In its previous white paper (published October 2008) the KPMG/Synovate Retail Think Tank (RTT) explored whether a downturn need necessarily be all bad for all retailers and looked at the positive and negative effects which the current downturn is likely to have on the sector. One of the key conclusions of these discussions was…Read More
Introduction The recent deliberations from the RTT showed that the three indicators of the health of UK retail – demand, margins and costs – had fallen to their lowest level since the group’s first meeting in early 2006. At the same time, there is much talk of an imminent UK recession. So, if the current…Read More
Planning in the dark: How does the severe lack of information regarding retail property in the UK affect the sector?
Introduction Over the course of the last two years the KPMG/SPSL Retail Think Tank (RTT) has observed that the health of British retailing is coming under increasing pressure from the rising cost base associated with running retail enterprises. Property constitutes one of the key cost components and the perhaps surprising lack of reliable information about…Read More
Discounting, promotions and sales are now a normal part of retailing practice but their widespread use is detrimental to the health of the sector
Introduction The topic for this white paper was debated by the KPMG /SPSL Retail Think Tank in early 2008 during what is traditionally the main ‘sale season’ of the retailing year. This was also timely as the Christmas shopping season of 2007 was widely reported as having been heavily reliant on discounting to drive footfall.…Read More