Our Retail & Wholesale sector approach
We advise retail, wholesale, and online retailers, as well as sector-dependent clients. We’re here to accelerate your ambition, working closely to find solutions to industry issues. We focus on optimising your business financially, operationally, and strategically.
The sector members working together with experts in strategic business advisory, international expansion, outsourced services and financial planning, to create value by helping you effectively transition to the next stage in your journey.
We ask the right questions, often challenging ones, to really define your aspirations, help you see the bigger picture, and inspire new opportunities.
Key challenges in the sector
These are tumultuous times for the UK’s retail sector. A shift in consumer spending habits and the rapid growth of online shopping platforms, alongside a cost-of-living crisis, has reduced footfall on the high street and placed increased pressure on the operating margins of many retailers.
Despite this, UK retail sales have topped £500 billion recently, and businesses in the sector are striving to differentiate their offerings through providing an enhanced, sustainable, and personalised customer experience, investing in innovative products and digital transformation.
The retail sector continues to face critical challenges, including employee retention with high turnover rates and labour shortages, the need for sustainable supply chain management amidst rising costs and efficient delivery demands.
These challenges highlight the necessity for agile strategies in the UK’s retail sector, emphasising sustainable growth, innovative products, and digital transformation to meet evolving consumer expectations and navigate complex operational landscapes effectively.
What’s impacting Retail & Wholesale
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