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Retail Trends to Pay Attention to in Charts

Indigo 9 Digital

The volume of returns are increasing and retailers are struggling to figure out how to manage the cost of those returns. 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. eCommerce returns. Source: Bloomberg. Consumer priorities.

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Consumer Card Spending Grows at Slower Rate in May as Brits Curb Discretionary Purchases

365 Retail

This slowdown reflects Brits cutting back on discretionary purchases to manage mounting inflation and rising food prices. In contrast, discount stores enjoyed a growth of 5.0 Consumer card spending in the UK grew by only 3.6 percent year-on-year in May, which is less than half the latest CPIH* inflation rate of 7.8

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Hot weather boosts spending on clothing, beauty and electronics in July, yet hospitality and overseas travel see short-term slowdown

A1 Retail

Meanwhile, discount stores grew 3.1 We know that this is a really challenging time for many consumers, so it is reassuring to see that more Brits are feeling confident about their household finances and ability to live within their means each month. General retailers were another bright spot, recording rises of 5.5

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Consumer card spending grew just 3.6 percent in May, while food price inflation pushes grocery spending to its highest growth in two years

A1 Retail

Meanwhile, discount stores enjoyed growth of 5.0 Consumer confidence endures Despite persistent cost-of-living pressures, Brits are generally feeling confident in their household finances (64 percent) and ability to live within their means each month (68 percent). Spending on non-essential items rose just 3.0

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7 Price Planning Tips to Maximize Retail Profits (2020)

Retalon

Pricing right is the fastest and most effective way for managers to increase profits.” ( McKinsey & Company ). may cover generic approaches to managing and optimizing price for any given product, but they don’t account for the most critical variables that determine your pricing success. A discount store for bargain hunters?