Low growth customer markets ranked as the number one risk for the retail sector.
Market volatility, pricing pressure, variations in market performance, demanding stakeholders — all have contributed to a global economy that encourages competitive drive. With that drive comes opportunity.
For that reason, we broadened the scope of our Business Risk report to incorporate both risks and opportunities.
This report is part of a wider cross-sector piece of research that explores the top 10 business risks and opportunities globally and across seven sectors including power and utilities, banking, retail, government, oil and gas, health care and life sciences.
As in previous years, we have taken a “bottom-up” approach to our work, gathering opinions from leading industry-based and academic commentators, across the seven global sector groups.
In addition, this year for the first time we conducted a second wave of research that comprised a large-sample survey of companies and governments in 15 countries to rank the risks and opportunities, obtain forecasts on whether these challenges would be more or less important in 2013 and discover how leading organizations in each of the seven sectors are responding to these challenges.
- Top 10 risks: Low growth customer markets ranked as the number one risk for the retail sector.
- Top 10 opportunities: Rising emerging market demand and the rise of global middle class ranked as the number one opportunity for the retail sector.