From digital disruption to brand perception, retail & consumer business faces a long list of daunting challenges. Short product lifecycle and changes in consumer behavior have also impacted the traditional model, forcing established players to rethink their existing footprint. Today’s consumers are smarter and more demanding. They have access to a huge amount of information about retailers and their products and expect a high degree of personalization. Add low-cost competitors and new retail business models to the mix, profitable growth becomes even more challenging.

However, opportunities remain—you can seize them if you adapt to these changes at speed. Going forward, companies throughout the retail and consumer goods industry will have to change by redefining themselves and their offerings.