Challenges for retail and consumer product companies are many in today's business environment as a confluence of market forces have created an extremely challenging climate. Retail and consumer sector companies are constrained in their ability to grow and maintain profit margins as a result of a deflationary operating environment, market saturation, slowing population growth, and more discerning but less loyal consumers.
Due to stakeholder demands and the resultant Sarbanes-Oxley legislation, the retail & consumer industry is also experiencing heightened regulatory pressures. These pressures will require greater accountability and accuracy in the reporting of financial results, increased levels of corporate governance and board involvement, stronger internal control documentation and a greater need for stronger risk management practices across the enterprise.
How PwC can help you
PwC offers a strong and reliable network of dedicated industry experts. Our mission is to help our 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.