The retail and consumer market plays an important role in the economy, moving towards modern retail formats such as super- and hypermarkets and large shopping malls. Although still fragmented compared to European levels, the retail market has experienced significant consolidation. Consumer preferences are becoming more sophisticated making the competition tougher. Retail and consumer market players must become more efficient and innovative to develop competitive advantages across the value chain to put them ahead.
PwC can assist retailers and consumers in developing a strategy for this competitive market, including full-scope assistance with M&A and performance improvement to enhance efficiency. We also help test asset impairment and reduce strategic costs as well as management for human resources.
PwC is a global leader in servicing retail and consumer companies, helping 91% of FT Global 500 (in 2007) companies in the industry manage their multinational and local operations. Over 10,000 of our employees around the world specialise in services to Retail & Consumer companies.