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Scarred by the 2008 Recession and COVID, 48% of Gen Z Frequently Shops at Discount Stores

Retail TouchPoints

As the oldest members of Gen Z move into their mid-20s and the youngest enter their teen years, personal finance concerns are high on their list of worries. Free returns, at 31% , and quick/helpful customer service, at 27% , also are vital elements.

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How to Prepare for a Recession

Small Biz Trends

As it might affect not only your personal finances but also threaten your business’ survival. You will need to review your finances first to identify your needs and financial health. It is important that you get on top of your finances before a recession hits. Have a Financial Plan. READ MORE: What is a Recession?

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Retail Trends to Pay Attention to in Charts

Indigo 9 Digital

It can cost a retailer between $10 to $20 per order to process a return and this cost does not include shipping. That means we should not be too surprised that more and more consumers are turning to discount stores like Walmart are Dollar General to stay afloat. Source: eMarketer. Consumer financial challenges.