UK retailers will see profits fall as the move towards ecommerce is accelerated by the pandemic.
Pre-tax profit margins are expected to fall to 3.2% by 2025, compared to 3.7% in a pre-pandemic world where consumer behaviour would have remained unchanged, according to a new report from Alvarez & Marsal in partnership with Retail Economics.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.