Retail & Consumer Update: Second Quarter 2011Deloitte Corporate Finance LLC |
This quarter’s Retail & Consumer Update, produced by Deloitte Corporate Finance LLC (DCF),summarizes the most recent transactions within this industry along with information on the most active buyers, current transaction valuation multiples and an overview of the public market’s perception of the industry.
Highlights include:
- With a slow recovery in consumer spending in the United States, retailers continue to look abroad for growth opportunities. As part of the Global Retail Development Index, A.T. Kearney surveyed 60 global retail executives and found that 92% of retail companies plan to expand globally and 72% plan to expand into an emerging market.
- According to the Census Bureau of the Department of Commerce, the estimate of U.S. retail e-commerce sales for Q1 2011 was $46.0 billion, an increase of 3.4% from Q4 2010. Total retail sales for Q1 2011 were estimated at $1,030.0 billion, an increase of 2.6% from Q4 2010. The first quarter of 2011 e-commerce estimate increased 17.5% from Q1 2010 while total retail sales increased 8.6% in the same period.
- After two quarters of steady volume and large transactions, retail and consumer M&A activity remained consistent in terms of volume in the second quarter of 2011 with 52 transactions. In terms of dollar value, smaller transactions resulted in only $1.4 billion in transactions relative to $4.3 billion in the first quarter of 2011 and $6.7 billion in the fourth quarter of 2010.
Download the Retail & Consumer Update below.
Retail & Consumer Update: Second Quarter 2011
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