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 Future proof plans
This report explores the insights of 1,124 CEOs around the world. We look specifically at what the 64 CEOs in the retail industry think and analysed how they are dealing with a combination of challenges such as mankind has never seen before from three main perspectives, i.e. business environment, balancing short-term and long-term concerns and looking forward.
Some key findings from our survey are:
- Retail CEOs are much less confident about the prospects for revenue growth over the next 12 months, only 14% are very confident about increasing their companies' turnover;
- 63% of the retail CEOs favour focusing on existing markets;
- M&A activity slowing, only 6% of the retail CEOs think that M&A currently offer much potential for growth;
- 76% of respondents are not satisfied with the information they receive about their supply chains;
- More than half of all retail CEOs are responding to sustainability concerns with new products and services to meet growing consumer demand for goods;
- 55% of respondents anticipate increasing headcount over the next 12 months; and
- Retail CEOs have to ensure they address systemic risks in the long run.
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Read more by downloading our 12th Annual Global CEO Survey - Retail industry summary (pdf file, 87KB) for your reference. |
