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New UK Launch Seeks to Cut Through Retail Data Jungle

July 6 2006

KPMG has this week joined forces with research group SPSL to launch the 'Retail Think Tank' (RTT) aimed at establishing 'the true health and status' of the UK's retail sector.

The founders say there is wide acceptance that the large number of mixed messages from different data sources make it difficult to establish with any certainty the true status of the sector. According to KPMG, 'The aim of the RTT is to provide the authoritative, credible and most trusted window on what is really happening in retail and to develop thought leadership on the key areas influencing the future of retailing in the UK.'

The organisation will provide quarterly reports on the retail sector based on 'key influential data streams' and discussion with nine leading experts representing 'all major aspects' of retailing. The first report will be published shortly after its first formal meeting on 11 July.

Helen Dickinson, a partner at KPMG and joint founder of the scheme, comments: 'Now that we have had our first meetings I am confident that the nine of us will be able to produce some very meaningful metrics which will be of significance to everyone involved in retail.'

The companies are online at www.kpmg.co.uk and www.customercounting.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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