The European Retail Round Table (ERRT) brings together the CEOs of Europe’s leading international retail companies. They are active in a variety of retail markets, including food, furniture, fashion, and electronics, amongst others. Each retailer has both physical stores as well as multichannel operations in Europe. The retail sector is of fundamental importance to the European economy and the well-being of EU citizens.
ERRT promotes a Single Market in Retail, the delivery of a more sustainable consumption model, and the creation of new market opportunities globally. ERRT is registered under the European Union Transparency Register with the ID Number 15751468852-52. Mission Statement ERRT shares its members’ collective ideas with the objective to better enable retailers to give Europe’s consumers better access to the benefits of the Single Market, and to promote the delivery of a more sustainable consumption model.
To achieve this, ERRT contributes to public policy debate that impacts its members and Europe’s consumers, promoting policy choices that create opportunities both in the Single Market and in the global economy. Drivers of innovation, many retailers are today pursuing multichannel strategies combining the advantages of a store network with the advantages of online selling.
However, while the internet should, in theory, act as enabler of cross-border trade, in practice it merely exposes the barriers to a Single Market both to retailers and to consumers. The Digital Single Market is incomplete due to the absence of a Single Market in Retail. Shoppers are unable to benefit from the potential of the Single Market. ERRT therefore proposes a comprehensive policy initiative to create the conditions under which retailers and shoppers will be able to take full advantage of the opportunities of the Single Market both offline and online. Rigorous enforcement of existing Single Market legislation is crucial to delivering the promises of the Single Market to citizens.