Retail & Consumer Markets

A well-protected company has the potential to be confident and innovative. Smart companies don't just manage cyber risks, they use them as a source of growth and competitive advantage. Technology makes many things possible, but possible does not always mean secure. As cyber threats grow in scale and sophistication, and technology becomes indispensable for meeting the needs of your customers, employees, suppliers, and society, your cybersecurity must be resilient and build trust.

We want to work with you to move your business forward. As consultants and providers of cybersecurity services, we help you act faster and generate strategic advantage through secure and trustworthy technologies. With our unique combination of technological expertise, in-depth business and industry knowledge, and creative professionals who are passionate about helping to protect your business, we can help you achieve your goals.

Consumers expect retailers to provide a personalized experience that meets them where they are. To meet this expectation, companies must develop connected capabilities across their operations and minimize friction to deliver on their customer promise.

The pursuit of a seamless shopping experience is essential. This will likely require retailers to evolve their business models to combine best practices into a cohesive, connected, and customer-centric organization. They need the right technology to meet consumer demands across all channels, as well as the right data to personalize every shopping experience, regardless of the customer's location.

Digital transformation is crucial. Switching to SAP S/4HANA for retail can help companies organize themselves around their newly empowered customers and leverage new technical solutions—including AI and intelligent process automation—to standardize, harmonize, and optimize data. This enables them to create powerful customer experiences through real-time sales information.

In a volatile environment characterized by rising costs and high price pressure from competitors, complete transparency and deep insight into your own business performance are essential to gaining a competitive advantage.

KPMG offers a comprehensive, holistic, and fully integrated management solution and integration services that enable you to make data-driven and informed decisions at all levels of your organization:

• Horizontal integration of the entire value chain to break down functional silos and conflicting objectives and optimize the overall organization
• Vertical integration of objectives, KPIs, and data across all management hierarchies to operationalize strategy
• Operational integration of operational KPIs and financial KPIs to clarify the impact of measures on financial performance
• SAP integration into a modern SAP architecture
• AI integration

KPMG Value Creation offers tailor-made solutions for the retail, food, and beverage industries to fully exploit value potential and sustainably increase enterprise value:

• Analysis of market trends
• Optimization of business processes
• Implementation of innovative strategies to directly increase enterprise value

With the KPMG Elevate methodology, we help companies increase their performance. This methodology combines data-driven insights with best practices to achieve operational excellence and secure competitive advantages:

• Comprehensive analysis of current business processes and market conditions
• Tailor-made proposals for measures that have the greatest impact on value enhancement
• Implementation of these measures to ensure that the desired goals are achieved efficiently and effectively

In addition to auditing annual and consolidated financial statements in accordance with UGB, IFRS, and US-GAAP, we can assist you with sales certification for rental agreements, analysis for standardizing bonus agreements with suppliers, disposal certificates (electronic waste, Green Dot), and are also available at any time for audit-related consulting (e.g., inventory procedures or loss-free valuation) and expert opinions on accounting issues.

Every industry faces different tax challenges. This makes it all the more important to develop targeted measures and solutions based on industry- and customer-specific expertise.

Our tax experts are happy to assist you with all your tax-related questions:

• Income tax law: Balance sheet tax law (e.g., treatment of franchise costs, tenant investments, refurbishment costs or supplier subsidies, construction cost or investment subsidies, relocation expense allowances), inventory valuation (partial write-offs), provisions for anticipated losses, provisions for vacant rental space, rent linearization, demolition obligations, etc.
• Sales tax/customs law: Chain and triangular transactions, goods returns (especially in online retail), customer loyalty programs, gift certificates, deposit systems or cash register discrepancies, deliveries involving central settlement agents, and much more.
• Other taxes and duties: Advertising tax (advertising subsidies), legal transaction fees (assignment of claims/factoring), energy taxes (e.g., for electricity supplied by PV systems)