Study projects increase in overseas investment in UK retailers
With a projected surge of investment, UK retailers may need to prepare with updated retail software such as point-of-sale systems.
According to a recent report from corporate adviser Clearwater Corporate Finance, UK retail is predicted to see a large increase in foreign investment, following a series of acquisitions last year, Retail Week reports.
The report, called "The Spend," noted that overseas investment has been increasing since 2009. Last year, overseas investors accounted for 42 percent of mid-market deals, compared to 2009, when they constituted 18 percent of the total deals.
"Both UK and overseas [corporations] are acquiring for a number of reasons, including to establish a market presence, grow market share, acquire particular capabilities or access brands that have the capability to be grown globally," said Gareth Iley, partner at Clearwater's consumer sector team, according to Retail Week.
Currently, luxury retailers are taking advantage of the market, snapping up spaces in London's prime shopping districts.