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
Retailers are not influenced by ethical consumers; it’s simply that a socially responsible retailer is more profitable
The topic for this White Paper was debated by the KPMG/SPSL Retail Think Tank in July 2007 during a period of heightening public interest and increasing activity by retailers on ethical issues. In debating this issue, the Retail Think Tank (RTT) came to the following conclusions: There is no such thing as a standardised “ethical”…Read More
What are the secrets of successful retailing and how can retailers survive and prosper in a downturn?
Introduction: The topic for this White Paper was debated by the KPMG/SPSL Retail Think Tank in October 2007 during a period of increasing pressure on retailers. For Quarter 4 2007, the RTT decided that the outlook was more pessimistic compared to Q3, with downward pressure expected in all three areas considered; Demand, Margins and Costs.…Read More
The RTT does not think that the standard definitions of productivity are particularly helpful when applied to retail The RTT does not fully agree that productivity in UK retail is falling or that it is much lower than in the USA and other European markets (as the Government statistics would suggest) The Private Equity (PE)…Read More