Changing consumer behaviours has caused a marked change in the retail landscape. Niche, luxury and discount stores are the success stories of the sector, whilst traditionally strong out-of-town retailers have seen declining revenues. The challenges of the sector mean businesses are required to have plans in place for smooth CEO transitions - the faster the succession the less risk of profits taking a hit.
Odgers Berndtson Executive Search helps retailers find the highest calibre leaders, adept at navigating the rapidly changing, omnichannel, demanding consumer landscape.
German retailers and the consumer industry generally are facing a fundamental change in the behaviour of their customers.
Market players now realise that greater price sensitivity, the demand for high quality products and sustainable production must be at the centre of business transformation. These trends have produced a divide in retail between discounters and luxury retailers that have left many traditional businesses in a difficult position.
Odgers Berndtson works with retail organisations across the world to secure the talent to transform their business and increase company revenue. With a focus on digital transformation and product excellence, our clients have access to the world’s leading retail and experience executives.