Friday, May 08, 2009
Retails Reached The Bottom, Ready For Recession
The KPMG/Synovate Retail Think Tank (RTT) is establishing a report quarter after quarter to measure the health of retailers in the UK. You can access to the full report right here. Retails have suffered a lot those past months mainly since household spending budgets has been restricted with the crisis.
However, this article explains that retails have kept costs under control, allowing them to face the crisis with a more positive mindset. I have published recently a post about the 5 rules for retailing in recession and it seems they are fore sure the keys for retails to go through the economical downturn.