Retail
The retail sector is experiencing a series of tectonic shifts. Changing consumer behaviours, emerging technologies and a globalised marketplace have all brought about major disruption while also improving shopping experience and endorsing multichannel retail. We have access to valuable local knowledge as we work both with large groups as well as with small, local retailers. Our experts are thus well-equipped to advise and guide you through a complex market with actionable insights and practical business solutions.
Our approach
In the retail sector, several factors are driving a major upheaval, including the rise of e-commerce, sustainability, internationalism and new business models. Navigating the changes in the sector can be challenging for those that attempt it in isolation. To achieve success, companies must develop and implement effective strategies, manage change, adopt new technologies and focus on the right markets.
At Forvis Mazars, our team of dedicated retail professionals has leading experience in the sector and offer a complete range of services to meet your needs. Our international footprint not only gives us the advantage of a broader perspective of the industry, but also allows us to bring together sector specialists from across our firm to leverage their technical expertise.
We will work with you to understand the challenges you face and help you identify the right solutions for your long-term strategy. Our audit, advisory and tax experts can help you to:
Align your organisation with new market opportunities
Whether you are establishing new businesses, moving into emerging and growth markets, or disposing of non-strategic assets, we ensure the success of your acquisitions and partnership projects by providing financial advisory, legal and tax support, taking local specificities and regulations into account.
Optimise and secure your operations
To improve and safeguard your operations, our team can support you in assessing the quality of providers and auditing third parties. We can help you review contractual obligations, monitor your franchisees by auditing stores, and reinforce control over your distribution networks while preventing fraud.
Boost your performance to create value
It is vital to enhance your business’ competitiveness and relevance for consumers. We can support the development of your multichannel strategies and improve your digital performance through reliable technology and data management so you can predict sales, optimise logistics and gain consumer insights. Our experts can also help you drive meaningful change by incorporating environmental, social and governance (ESG) principles into your long-term strategy, bringing traceability on supply chains and creating value for your business.