Retail Forecasts Report 2021
08 December 2020
Our Retail Forecasts Report looks at the market factors that challenge retailers and looks ahead at the threats and opportunities to the high street.
In the year since we issued the last Retail Forecast Report: Adapt, Embrace and Innovate, those headline words have taken on new significance. The COVID-19 pandemic has impacted the UK’s way of life, economy, and consequently, the retail sector more quickly and profoundly than any other event in recent history.
However, many have shown great resilience in 2020 and proved that even in the most turbulent of times there are opportunities and success stories to be found. In this edition of our Retail Forecasts report, we have highlighted some key areas for businesses to consider as the sector rethinks the new normal:
Download the full report
If you would like to discuss this edition of the report further or any wider sector issues, please contact Sophie Michael, National Head of Retail and Wholesale or speak to your usual BDO adviser.
At BDO we play a leading role in the retail market and work with many of the biggest brands in the industry. We understand the challenges and industry issues our clients face. Our retail team aim to deliver an integrated, full service offering, to provide practical financial advice on everything from mergers and acquisitions and tax planning to auditing and accountancy. We are also well connected with a wide range of retail professionals and works closely with banks, private equity houses, brokers, as well as lawyers and property professionals who specialise in the retail sector. To find out more and to get in touch click here.