The sector is experiencing challenging times
At BHP we have many years of experience advising across a range of retailers from single department stores to fast growing chains; from family-owned to private equity-backed businesses; from value retailers to top market brands.
Our clients include e-tailers, consumer goods designers, manufacturers and importers. Our sector specialists can advise and help make your business operate more smoothly and tightly and assist you to achieve your business objectives.
The Government’s austerity measures combined with the continuing fragility of the UK economy are affecting demand as consumers continue to tighten their belts. Supply chain issues provide additional challenges; increasing commodity prices and environmental and ethical issues have placed further pressure on margins and costs.
The consumer landscape is changing too. Increasingly sophisticated, cash-conscious consumers and the rapid emergence of online shopping mean that a proper multi-channel offering is now crucial for many retailers; some e-tailers also now believe that there are benefits in having their own stores.
It is essential that businesses in the retail and consumer goods sector are able to monitor trends, and have detailed information on the market to make informed decisions and stay ahead of the competition. Staying lean, agile and resilient is imperative in these testing times.
Through our team’s knowledge, experience and specialist skills, we can help you to drive the profitability and improve the working capital cycle and cash management of your business.
For more information, please contact Dominic Staniforth on 0333 123 7171.