Our latest insights

After a hiatus in 2021, retailers from around the world gathered face-to-face in New York this week for the annual NRF Big Show.

With most restrictions now behind us, we should expect this weekend’s Black Friday sales weekend to be the largest one ever for Australian retailers.

In our podcast, Tax Partners Vince Tropiano and Brett Curtis discuss what the global minimum corporate tax rate agreement means for Australian businesses, how businesses can prepare themselves, and what to consider if you’re setting up operations offshore.

Clothing rental is taking off in Australia, with designers and retailers alike getting into the action with new apps catering for borrowing and renting clothing rather than buying.

Australian retail sales grew 2.3% against the last year in March 2021, with several media reports highlighting the softening of retail demand. But the March headline growth number is misleading, given the 10% surge in March 2020 as panic buying took hold.

The team at Grant Thornton worked closely with the core HR and project delivery team at a major retail group to establish a process by which the best system solution could be selected, and to develop an investment business case for the Board.

The Grant Thornton team worked with a major Australian retailer to instigate an end-to-end process alignment and profitability improvement program which we called FACTORY-TO-CUSTOMER.

A leading Australian retailer had not formally reviewed its supplier trading terms from a corporate end-to-end view for several years and their trading income was not growing in line with sales.

It‘s a challenging environment for independent schools in Australia.

The shift to shopping online was already underway before COVID-19 struck. But the pandemic has unquestionably increased the pace of retail digital transformation

COVID-19 has severely impacted school operations, the effects of which schools may feel for some time yet.

Universities have experienced so much change over the last few years.