Retail and consumer transactions increased in 2013

Retail and consumer spending hit highs in 2013. The U.S. retail and consumer (R&C) transaction value reached $107 billion, which is the first time this value has been more than $100 billion since 2008, according to PwC's US retail and consumer deal insights 2013 Year in Review and 2014 Outlook report.

Among the certain sectors that showed growth over the past year, the food and beverage industry posted gains along with private equity (PE) investment for the apparel, footwear and accessories industries.

Transactions for all deal values greater than $50 million was $107 billion. This is a 32 percent increase form 2012 and is the highest transaction value in five years. The report went on to say that although PE activity slowed down in 2013, it actually increased in the consumer sector. For deals larger than $50 million in the consumer sector, PE contributed to 27 percent to deal volume, while 46 percent was attributed to deal value, which are both increases respectively from their 2012 figures. Leanne Sardiga, partner and PwC's US retail and consumer deals leader, said in a statement PwC is happy with the results of 2013.

"Although total retail and consumer deal volume fell during 2013, the sector represented about 12 percent of total U.S. deal volume for the year – and R&C [retail and consumer] deal value increased to a five-year high," Sardiga said. "We're working with R&C companies so they can understand the resulting impact and the potential for using M&A [mergers and acquisitions] to more quickly capitalize on the market opportunities."

Supply chains or retail businesses who need to meet the demands of consumers in 2014, can enlist the services of supply chain recruiters or operations recruiters to help them find experienced workers.