Sustaining a competitive advantage is the hallmark of today's retailing environment. As consumers have shifted their buying criteria to demand more value, better service and greater convenience, retailers must adapt the way they offer services to meet these evolving consumer needs.
The current economic environment continues to challenge retailers nationwide, and while some geographies and retail categories are proving more resilient than others, new challenges are facing everyone. Continued decreases in consumer spending, the lack of liquidity, and a continuing inability to use real estate as an accessible asset are driving an increasing number of retailers into distress.
Today’s challenges only add to the industry’s traditional needs: streamlining operations, increasing revenues, managing expansion and contraction, and maintaining a positive, consistent customer experience.
Whether it’s restructuring or tax and audit needs, Crowe Horwath ATA’s retail professionals are among the most experienced in the retail industry.
Our tax, audit and business advisors can help them address rapidly changing accounting and operational needs. We also provide guidance on major industry transactions, including mergers, acquisitions and divestitures.