The retail and consumer market continues to play a major role in the Russian economy. It has changed considerably in recent years, moving towards modern retail formats such as super- and hypermarkets and large shopping malls. Although it is still quite fragmented as compared to European levels, the retail market has also experienced significant consolidation. Consumer preferences are becoming more sophisticated, making the competition tougher. Retail and consumer market players must become more efficient and innovative to develop the competitive advantages across the value chain that will put them ahead.
How PwC can help
PricewaterhouseCoopers can assist retail and consumer companies in developing a strategy for this competitive market, conducting M&As and performance improvement to enhance efficiency. We also help with testing assets for impairment and strategic cost reduction as well as human resource management.
PricewaterhouseCoopers is a global leader in servicing retail and consumer companies, helping 91% of FT Global 500 (in 2007) companies in the industry manage their multinational and local operations. Over 10,000 of our employees around the world specialise in services to Retail & Consumer companies.
