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

Retail TouchPoints

That sense of unease is to be expected from a cohort shaped by both the 2008-2009 Great Recession and the COVID pandemic, and it’s had a big impact on their shopping choices: nearly half ( 48% ) say they shop the most often at discount/off-price retailers, and 25% frequently patronize dollar stores.

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Aldi launches Corner Store in convenience push

Inside Retail

The new store layout is designed to support smaller-basket, convenience-driven purchases, in contrast to the traditional big-box Aldi supermarket typically frequented by consumers for larger shopping trips. Reports of the new store concept circulated in May after the retailer submitted an application to North Sydney Council.

Insiders

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Analysis: The rise of the purposeful consumer

Inside Retail

Aaron Fidler, head of retail and commerce account management at Mastercard Australia, says the company’s latest Recovery Insights research shows that “roughly 20-30 per cent of the global Covid-related shift to digital is expected to be permanent. Wanting to return to shopping in-store and to shop locally is no different.

Consumer 200
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June’s warm weather boosted spending on clothing, pubs and outdoor retailers, yet restaurants continued to struggle as Brits cut back on dining out

A1 Retail

percent) – as the warm weather encouraged Brits to shop for summer clothes and socialise at pubs and bars. percent) – as the warm weather encouraged Brits to shop for summer clothes and socialise at pubs and bars. percent) – as the warm weather encouraged Brits to shop for summer clothes and socialise at pubs and bars.

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