With e-commerce delivering vast choice, new levels of service, and 24/7 accessibility, direct-to-consumer channels rival or surpass bricks and mortar in attracting customers and facilitating sales. CohnReznick’s Consumer team evaluates your business across channels – from product sourcing to point-of-sale delivery to customer service – and identifies ways to enhance your brand, improve processes, and boost cash flow and profitability.
In one of the most rapidly changing industries today, we are known for a diversity of experience across consumer goods with clients ranging from entrepreneurial companies to multinational leaders.
BROAD SECTOR EXPERTISE
We cover direct-to-consumer and mass-market to high-end retail for all consumer segments, including:
- Apparel, footwear, and accessories
- Grocery and retail
- Health and wellness
PRIVATE EQUITY RELATIONSHIPS
We provide services for the portfolio companies of many of the industry’s significant private equity firms, including platform services across multiple investments. Our deep relationships within the private equity community provide our clients with access to transaction expertise and potential capital.
Our long-standing relationships with many of the country’s leading retail and consumer products companies, as well as highly respected industry analysts and investors, provide our team with a broad view enabling them to deliver independent and objective insights.
With our leading accounting, tax, and advisory services, We give you a clear picture of your financial position and assist you in managing cash flow, generating strong balance sheets, and identifying capital raising and other growth strategies. In addition, we provide a range of services specific to consumer companies:
MANAGEMENT AND OPERATIONS
We advise on a range of business challenges including employee benefit plan costs, technology implementation (ERP, WMS, CRM), inventory control, and succession planning.
IMPLEMENTATION OF ACCOUNTING GUIDANCE
Our specialists in accounting standards help you prepare for the implementation of significant changes in accounting guidance such as revenue recognition and accounting for leases.
We assess your vulnerability to cyber threats and assist in implementing systems and controls to protect your data.
STATE AND LOCAL TAXES
Our tax specialists identify and navigate nexus and other state and local sales tax compliance requirements and identify opportunities for state and local tax credits for research and development initiatives.
The private company deadline for implementing the new lease accounting standard is rapidly approaching. There are significant advantages to working with a firm having practical, proven experience in advising and assisting organizations in their efforts toward transitioning to Topic 842. Our team can advise and assist on all aspects of the new lease accounting standard, including implementation. Our detailed plan will focus on potential challenges and risks along the way.
On-Demand Webinar: Post-Holiday Season Trends for Retailers and Consumer Companies
Integrated Business Planning for Retail
On-Demand Webinar: Ins and Outs of Launching a New Franchise
Optimize Inventory Management, Lower Workforce Costs & Improve Margins
Prioritize and invest in your top-selling, most profitable products and shed those that don’t contribute. Too many SKUs will place a drag on margins.
On-Demand Webinar: How Will The New California Privacy Rule Impact You?