Report
Retail: fine margins
Turbulent times
These are incredibly turbulent times for retailers. Rising inflation is pushing up operating costs and dampening consumer-spend. A looming recession – shallow or otherwise – is set to keep consumer confidence depressed for some time to come. However, against such a dynamic backdrop and strong headwinds, the retail sector has been working hard to adapt – demonstrating once again its resilience, ingenuity and flexibility. With conditions set to remain challenging, we commissioned this report to pinpoint where the sector’s likely biggest pressures lie in the months ahead – and, crucially, what steps businesses are planning to take in response. We spoke to 250 senior retail decision makers at companies with 100 or more employees on everything from their margin pressures, to how they plan to improve their cash position and tackle specific issues – such as a ‘returns tsunami’. The findings highlight just how the sector is adapting, and provide some food for thought as retailers consider their strategies for resilience and growth through 2023 and beyond. We hope you find them useful.
Getting in touch
Alastair Massey Partner Restructuring Advisory London +44 (0)20 3005 4279 alastair.massey@frpadvisory.com
Phil Reynolds Partner Restructuring Advisory London +44 (0)20 3005 4270 phil.reynolds@frpadvisory.com
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