Stay competitive, no matter the industry outlook
From navigating new tax regulations to managing operating costs, grocery retailers face a wide range of industry-specific challenges — which is why we offer a variety of capabilities to support you, your employees, and your entire business.
We’re committed to addressing what matters most to you:
- Competing with new food retailing formats and megamergers
- Keeping profit margins from shrinking
- Navigating cost inflation, while competing on price
- Minimizing retail theft and shrink
- Controlling inventory and category management
- Monitoring the costs of wages and benefits
- Preventing cybercrime and data security breaches
- Interpreting complex and changing federal and state tax laws
Experience our client-focused approach
The grocery industry can shift rapidly — and radically. Food trends and increasing purchasing choices have a powerful influence on consumers, while aggressive pricing and ever-changing wage and benefit regulations can cut into your profitability. It’s difficult to know how to compete most effectively and what strategies and technologies are wisest to invest in.
We don’t believe in one-size-fits-all answers for grocery retailers — our approach is customized to meet your operation’s specific needs. Our grocery industry professionals can help you think through your objectives and design both immediate and long-term roadmaps to help you remain profitable — and stay one step ahead of your competitors.
Services for grocery retailers
- Cost segregation and fixed asset studies
- Employment tax credits (WOTC)
- Inventory management
- Outsourced finance, payroll, and human resources
- Payment card industry compliance
- Retail industry analysis
- LIFO (Last In, First Out) calculations and analysis
- Grocery dashboards (Fathom and Intacct)
General services for retailers
- 401(k) and profit sharing plans
- Accounting, audit, and tax services
- Cybercrime prevention and data security
- Employee benefit plan audit, tax, and consulting
- Estate and financial planning
- Forensic accounting and fraud investigation
- Insurance and risk management
- Internal controls review
- Sales tax compliance
- Shrink assessment and loss prevention
- Succession planning
- Technology consulting and outsourcing
- Telecom management services and telecom assessments (identifying billing errors and discrepancies and optimizing services and carriers)
- Transaction support
- Valuation