Retail & Consumer
View the Retail & Consumer insight into the current economic climate »
The retail and consumer industries are experiencing
a period of market turmoil. Consumer confidence has fallen sharply,
predicating a slowdown in retail sales.
At the same time, the cost of doing business has
also increased. Rents, interest, energy and wage costs are growing in a
period in which sales are slowing down, within an environment of
sustained competitive price and margin pressure.
Against this backdrop is a reduced availability of
debt facilities and a reduced capacity to refinance debt at previous
rates, potentially producing opportunistic takeover situations.
How PwC can help you
- Maintaining and growing sales in the current market
- Obtaining new debt facilities as they expire at a reasonable cost
- Planning for obtaining finance
- Reducing costs without impacting the business negatively.
Questions for the Retail & Consumer sectors
- Do you have the appropriate debt and finance planning and modelling in place?
- Have you conducted a strategic review of core competencies?
- Have you reviewed your cost of doing business?
PwC understands the issues your business is facing
and the questions you need to ask in the current business environment.
Contact us today to find out how we can help your business achieve
success.
The business environment is changing. We
are facing a global slowdown, volatility in commodity prices and
increasing competition from both developed and emerging economies.
There is also nervousness around interest rates, which is causing a
sharp decline in consumer confidence.
This has created an extremely challenging
climate for retail and consumer goods companies. There are the
immediate concerns of growing competitive pressures, an increase in the
number of alternative sales channels, a blurring of roles between
suppliers and retailers, and a shift in the balance of power to
retailers.
Companies must rethink their earnings
strategies and look to new efficiencies to drive bottom line growth.
Maintenance of margins through balancing costs and pricing will remain
a challenge in this ever-competitive industry.
How PwC can help you
PwC offers a strong and reliable network of
dedicated industry experts. Our mission is to help clients extract
value from their multinational operations, to develop a competitive
advantage across the value chain, and to ensure that all corporate
stakeholder expectations are recognised and met. Building brand trust,
brand growth, and brand effectiveness is the purpose of our practice.
Retail & Consumer Outlook
Retail & Consumer Outlook
examines 10 key areas and provides an outlook on the new choices
available and practical suggestions for retail and consumer goods
companies.