With back-to-school (BTS) in full swing, shoppers are navigating pressing economic challenges like inflation and financial uncertainty, they increasingly seek convenient and cost-saving solutions. Almost all BTS shoppers...more
Navigating Divergent Consumer Needs in a Challenging Economic Landscape -
As the Back-to-School (BTS) shopping season of 2024 unfolds, it is set against a backdrop of economic uncertainty and consumer caution. Inflation...more
Supply chain disruption and persistent inflation remain critical issues in the global economy, with ongoing geopolitical tensions, the evolution of digital threats, and increasing emphasis on sustainability reshaping the...more
10/14/2024
/ Business Disruption ,
Climate Change ,
Cyber Attacks ,
Cybersecurity ,
Geopolitical Risks ,
Global Economy ,
Labor Shortage ,
Manufacturers ,
Military Conflict ,
Natural Disasters ,
Popular ,
Price Inflation ,
Ransomware ,
Risk Mitigation ,
Supply Chain ,
Sustainability ,
Tariffs ,
WTO
Retail sales increased nearly 6% in December with total holiday sales (Nov/Dec) rising over 5% above 2022. Consumer sentiment increased 13.7% in December, erasing declines from the previous four months, driven chiefly by...more
The holiday shopping season perennially holds great significance for retailers, and this impact is heightened in 2023 due to shifting consumer behaviors influenced by economic dynamics and evolving preferences. There are...more