Our latest insights

The latest economic figures show there will be a challenging period ahead for the Australian economy and at Grant Thornton, we know that the retail sector is not immune to these shifting tides.

Driven by a series of algorithms and informed by your business and market data, our Space Optimisation Tool generates the ideal footprint for your entire store base, and the optimal allocation of space to categories and departments within each store.

After two years of upheaval, consumers are finally looking beyond the pandemic. With lockdowns now in the rear-view mirror, retailers have enjoyed relatively normal trading over the past several months and sales remain well above pre-pandemic levels. But how long will this continue? And what trends should we expect to see impacting retail in 2022?

In this podcast, Tax Partners Michael Catterall and Lorena Sosa discuss aspects Australian businesses should consider when exploring new international markets, including operations and logistics, strategy planning, customs and duties, and tax complexities.

The conversation around workplace culture is shifting fast. Team members, customers and shareholders are demanding greater transparency from company leaders on how they are leading and truly embedding a cultural shift.

Without a doubt the number one challenge facing retailers right now is people, and this new phase of the pandemic is creating a lot of headaches.

The ongoing importance of physical stores in the retail sector cannot be emphasised more than by observing the actions of the world’s largest e-commerce retailer, Amazon.

We are seeing the emergence of a new type of shopping experience. One where shopping, restaurants and entertainment all come together to provide the ultimate consumer experience - some of our major centers such as Chadstone & Doncaster are already taking this approach.

For the retail industry, the common theme has been the shifting power away from retailers to both consumers, and employees.

Day two of the NRF 2022, Retail’s Big Show in New York City was centered on emerging trends and the future of the industry more broadly

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.

Retail worker shortages will be one of the biggest issues faced for the majority of retailers during Christmas and into 2022.