Tag : KPMG
Can Christmas sales make 2019 profitable?Subscription
Retailers will be “trying hard to make up for lost ground” this Christmas, UK head of retail at KPMG Paul Martin says.
Research questions efficacy of loyalty schemesSubscription
Loyalty programmes are not the best way to retain customers, research by professional services firm KPMG has shown.
Auditors rake in £35m from high street failuresSubscription
Audit firms are set to make £35m in fees from last year’s string of high street administrations, new data has shown.
August retail sales flatline Subscription
Economic uncertainty, summer discounting and weak footfall have caused UK retail sales to flatline in August, new research shows.
Retailers demand rent cuts on 500 storesSubscription
High street retailers River Island, Jack Wills and Schuh are pushing landlords to cut their store rents as tough trading and competitor company voluntary arrangements pile on the pressure.
Retail health has not improved since 2016Subscription
New research shows the “deteriorating” state of the retail industry, after the retail health index (RHI) score fell “more than expected” during the second quarter of 2019.
Jack Wills seeks new owner Subscription
The private equity owner of Jack Wills, BlueGem, is searching for a new buyer for the retailer, while retaining a minority stake, Drapers can reveal.
January discounts tempt cautious consumersSubscription
Retail sales returned to year-on-year growth in January after a disappointing December, but the British Retail Consortium (BRC) and KPMG warned there is no guarantee the positive momentum will continue.
'Worst Christmas for UK retail in 10 years'Subscription
UK retailers suffered the worst Christmas trading period for a decade, new figures from the British Retail Consortium (BRC) and KPMG have revealed.
UK's retail struggles to ‘intensify’ in 2019Subscription
The challenges that have plagued the UK retail sector this year will ”intensify” over the course of 2019, a report from the KPMG/Ipsos Retail Think Tank (RTT) has warned.