SHOW ME THE MONEY? - Retailers fight to grow profits and retain talent on the High Street battlefield

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• New research from Boxwood discovers what gives retail leaders sleepless nights • Findings presented at the World Retail Congress on 19th September • The research no serious retailer can afford to miss - register your interest in receiving the full report.

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Being a leader, particularly in retail and FMCG is a lonely place to be in this current environment. Relentless competition, margin pressure, and four years of the downturn have left the leadership teams facing unenviable choices

Results of a major survey and research initiative by Boxwood, the award winning management consultancy and Planet Retail, the leading retail analysts, due to be launched at the World Retail Congress on 19th September will reveal what is really keeping business leaders awake in the retail and FMCG sectors.

A key finding shows that leaders of Europe’s largest retailers are under intense pressure to deliver revenue growth and increased profit targets first which is forcing customers, staff and product and service innovation down their list of top priorities, just when investing to grow market share is essential to survival.

  •     How does this impact on their competitive edge?
  •     Will growth be stifled when resources for innovation are tight?
  •     How can leaders motivate their top teams when they have been battered by four years of downturn?

Keynote panellists Gudjon Reynisson, CEO, Hamleys and Bijou Kurien, President and CEO Lifestyle Reliance Retail, together with Matt Clark Director of Consumer at Boxwood will discuss these and the other headline findings at a special presentation of Boxwood’s research at the World Retail Congress on September 19th.

Matt Clark from Boxwood commented: “Being a leader, particularly in retail and FMCG is a lonely place to be in this current environment. Relentless competition, margin pressure, and four years of the downturn have left the leadership teams facing unenviable choices.

But CEOs are not as pessimistic as you may think. While current economic climate is of concern for the vast majority of leaders this is not the whole story. Leaders are concentrating on what they can fix – with the wider economy out of their control they are looking for ways to turn the current crisis into an opportunity. Come and find out just how they plan to do that on 19th September.”

It’s the research no serious retailer can afford to miss. Boxwood welcomes expressions of interest in receiving the report in advance of publication to info@boxwood.com

ENDS

Requests for interview and further information:

Christian Mahne / Lindsay Vetch
Vetch Mahne Ltd: 020 3488 3100
boxwood (at) vetchmahne (dot) com

Notes to editors:

About Boxwood
Boxwood (http://www.boxwood.com) works with carefully selected organisations to design and implement business transformation programmes that deliver sustainable bottom line results. We achieve this by bringing together our extensive industry knowledge and functional expertise with our partner’s in-depth knowledge of their business. Our approach is to work in joint teams with our clients from the outset, building internal capability to ensure that business performance continues to improve long after we have departed.

About The World Retail Congress
The World Retail Congress was launched in 2007 to be a platform for senior retail executives to meet and discuss the most important topics affecting retailers across the world. It has been held in Barcelona (2007-9) and Berlin (2010-11) and is attended by up to 1,000 industry leaders from more than 60 countries. The programme is developed in conjunction with the Congress Advisory Board which represents many of the world’s biggest retailers such as Gap, Kingfisher, Macys, Reliance Lifestyle, Myer, Alshaya, Netto, Inditex and Tesco. The co-sponsors of the 2012 World Retail Congress are Deloitte and Mastercard. More information at: http://www.worldretailcongress.com

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Christian Mahne / Lindsay Vetch
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