The Retail Industry

Rapid technology change and digital disruption continues to create a new market place, ordering process and delivery system. Customers are empowered at their fingertips, the market comes to the customer rather than the customer goes to the market, and small brand names are known while larger older brand names are being forgotten.

At Mabstac, we help retail clients navigate these changing circumstances and position their businesses for the next century of out-the-box innovative disruptions. We also provide current solutions to current challenges such as rising cost, just-in-time inventory decisions and increased speed to market. Our industry-focused accounting, tax, and advisory services are organized to promote stakeholder confidence and increase shareholder value.

As retail continues to change significantly, with omnichannel retail, social commerce, and the metaverse shaping the industry, and as consumer taste changes, retail technology evolves and time to market management continues to be challenging, retailers are diverted from one of the most important aspects of business – increasing value for stakeholders.

Experiential retail, personalized shopping experiences, and frictionless shopping are also key trends and retailers need the space to adapt to meet changing consumer needs and expectations, including offering multiple payment options, convenient returns, and upgraded point-of-sale systems. And so, Mabstac provides resources to take on certain tasks so that retailers are not weighed down but have the space to focus on strategic matters.

We understand your industry and bring a unique and innovative perspective to each engagement, whether accounting, tax or advisory. From small start-ups to large multinational operations, we are a trusted adviser and partner, and we provide services to various specialties, including:

• Grocery stores
• Departmental stores
• Automotive sales
• Book stores
• Electronics sales
• Online sales