ZAF
Retail
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.
South Africa
The South Africa retail industry is one of largest industries in the Sub Saharan region, boasting a highly attractive and well-developed local retail market. Over the past decade the retail sector has shown significant growth with a number of major international retailers expanding into South Africa.
A surging middle class, rising income levels, and changing lifestyle has led to the continuous demand of retail products. The ever increasing consumer appetite for convenient shopping and soaring sales of low priced non-traditional products have had a positive impact on the South Africa retail industry.
