Retail executive expectations for 2023
KPMG Retail executive outlook I 2023
According to a recent KPMG survey of 100 retail executives, 2022 was a prosperous year with 80% of retail executives surveyed reporting increasing top line revenue from 2021 to 2022, with 75% reporting increases in operating profit. But 2023 poses to be more challenging with 73% of retail executives thinking that the US is already in a recession or will enter one in the next six months, this is up by 32 percentage points from 41% in August.
Dive into our thinking:
Retail Outlook 2023
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Meet our team
Matt Kramer
U.S. Line of Business Leader, Products, KPMG LLP
Duleep Rodrigo
U.S. Sector Leader, Consumer & Retail, KPMG LLP
Sunder Ramakrishnan
Principal, Advisory, Strategy, KPMG US
Matt Kramer
U.S. Line of Business Leader, Products, KPMG LLP
Duleep Rodrigo
U.S. Sector Leader, Consumer & Retail, KPMG LLP
Sunder Ramakrishnan
Principal, Advisory, Strategy, KPMG US