Download the latest whitepaper from the Retail Think Tank, as they explore industry trends and strategies.
– 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…
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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…
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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…
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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…
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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…
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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…
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