Tough times but opportunity abounds for innovators
By Sue Richardson, head of retail at KPMG in the North of England
Looking at the news recently, it’s hard not to conclude that the retail sector is going through a tough time.
While retail sales are still growing, growth is at a far slower rate than it has been, more than halving from 4.7% in 2016 to 1.9% last year and much of this growth has been driven by inflation rather than incremental volume.
Costs have continued to increase with changes to the National Minimum Wage and Business Rates, while those buying stock from o... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...