Traditional retailers are experiencing considerable strain as a result of the continually changing economic and selling environments. Consumers are spending more judiciously despite high employment levels and low energy costs. Margins continue to come under pressure due to increasing price transparency, greater number of online retailers and the migration of sales volume to e-commerce sites. In order to stay relevant and compete, retailers are being forced to execute complex omni-channel sales and fulfillment strategies that consume substantial capital and which have an unclear return horizon.
LM+Co has substantial experience assisting retailers as they navigate these complex themes. We can assist with store portfolio assessments (keep, close, reduce rent, etc.), assess profitability drivers and optimize inventory levels. We analyze store level performance to identify operational improvements and expense reductions, incorporate field level and corporate cost rationalization to streamline the organization structure and align overhead costs with store operating performance. Information technology has a significant impact in retailing from cost to omni-channel capability including point of sale, web and mobile integration. We have successfully assisted retailers with navigating these transitions and implementing effective omni-channel strategies.
financial analytics and support services LM+Co successfully
provides throughout the Retail industry