US Consumer products

How can I build the foundation today for a successful tomorrow?
While the financial performance of the US consumer products industry has fared better in the recent economic times than retailers, many companies continued to face intense competition, slow growth in their developed markets, rising costs, a growth on private label brands and a shift in power to the retailer and waning pricing power. The sector is highly dependent on household income to drive sales and is price sensitive to economic issues such as rising input commodity prices, energy costs, interest rates, unemployment, a weakening dollar and consumer confidence levels.

In order to remain competitive in today's changing world, consumer products manufacturers need to ensure they remain focused on the long-term horizon and are attuned to shifting consumer demographics, discerning purchase behavior, the increasing influence of digital media on brand information and value decisions, and the importance of corporate social responsibility, all while focusing on driving topline growth and protecting margins.

Consumer products industry Issues

How PricewaterhouseCoopers Can Help
For retail & consumer companies throughout the US and across the globe, we offer a strong and reliable network of dedicated industry professionals. 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 recognized and met.

How We are Organized to Serve Retail & Consumer Products clients
PwC's retail & consumer industry practice is combined into a single practice in order to encourage the exchange of ideas and knowledge among clients with similar issues and to facilitate the sharing of knowledge. Our practice professionals and clients benefit greatly from an understanding of business and technical accounting issues from both the retailer and vendor/supplier perspectives and by sharing such knowledge and best practices, our clients are better advised and served.

Our thought leadership and leading-edge thinking on issues, trends and innovations—antifraud, digital transformation, supply chain integrity, brand reputation risk, emerging markets, etc.— are well-recognized within the industry and create value for our clients.
We also maintain strategic relationships with the key trade associations serving the industry such as the Grocery Manufacturers Association (GMA) where we are members of the Associate Members Council and an active participant in the President’s Council and sponsor of the Greenbrier Executive Conference; the National Retail Federation (NRF) where we provide advice and counsel to the Financial Executive Council; and the World Economic Forum (Davos), where we annually facilitate a panel discussion for the governor’s of the Retail and Consumer Goods Council.