As Australia’s second largest employing industry, total annual turnover for the sector sits at over $320 billion with over 140,000 retail businesses across the country.
The retail sector has been facing significant challenges due to changes in consumer behaviour, spending habits and competition from industry disruptors. With the industry meeting difficulties including high levels of competition from online and overseas retailers, changes in consumer demand, impacts of economic conditions including debt levels and reduction in credit card use, business operators can find it hard to remain profitable.
Delivering on consumer expectations is becoming increasingly complex with customers more informed and discerning than ever before, researching purchase decisions and using review platforms and online media platforms to make informed choices.
SV Partners has developed an in-depth understanding of specific requirements and business operations having undertaken many appointments of varying difficulties across the Retail sector.
We recognise that specialist knowledge and skills are required when dealing with businesses that are facing financial difficulties, stress or insolvency.
Our previous engagements have been varied and include food retailers, discount outlets, accessory stores, retail clothing stores and travel agencies.
SV Partners has developed an in-depth understanding of specific requirements and business operations having undertaken many appointments of varying difficulties across the Retail sector.
We recognise that specialist knowledge and skills are required when dealing with businesses that are facing financial difficulties, stress or insolvency.
Our previous engagements have been varied and include food retailers, discount outlets, accessory stores, retail clothing stores and travel agencies.
Our industry experience has allowed us to develop expert skills and apply them across small and large scale matters across the sector.
We work collaboratively with business owners to assess the main concerns and priorities given the current situation and take a measured approach in our evaluation. We make sure to consider individual circumstances and all contributing factors and discuss options for moving forward.
We are well placed to assist with all Retail matters. In addition to our metro offices, we maintain a strong regional focus in Queensland and New South Wales with offices in Mackay, Rockhampton, Sunshine Coast, Toowoomba, Gold Coast, Wollongong, Newcastle, Dubbo and Tamworth.
