Rohan Kumar的动态

Consumer card spending rebounded in August 2024, rising by 1.0%. This is the first positive growth since March 2024, as the long-awaited British summer boosted spending in seasonal categories such as garden centres and specialist foods ????. To find out more, read our latest Consumer Spend Report here:?https://upl.inc/ffuig9 #ConsumerSpending #BigPictureBanking #Retail #Hospitality #Leisure Karen Johnson | Rich Robinson

October's report by the British Retail Consortium revealed a disappointing month for retail despite an encouraging start, with performance notably impacted by unseasonably mild weather and shifted half-term holiday dates compared to the previous year. Whilst health and beauty retailers and computing sectors demonstrated resilience, several non-food categories registered declining sales, painting a picture of cautious consumer spending. Read full story - https://lnkd.in/epAJzt3s #RetailSupport #BRC #RetailReport

?? ??Looking ahead to the holiday season on a European level, research firm GlobalData Plc anticipates the emergence of three themes that are likely to influence consumer spending. Read more: https://lnkd.in/e-USJaXw #Europe #consumerspending #HolidaySeason #retail #consumertrends

If you're in consumer goods, retail or leisure you will want to see this insight. Consumers say their savvy shopping behaviours continued in Q3 and price remained a priority, yet spending data from Snoop showed an overall increase in discretionary spend, particularly in certain categories. ?? So who were the winners, and what could it mean for Q4? ?? View KPMG UK's latest Consumer Pulse: https://spkl.io/6044fTjJu #consumerspending #consumerbehaviour #costofliving

The latest ONS data reveals UK retail sales volumes fell by 0.3% in December 2024, defying expectations of a 0.4% increase. This follows a modest 0.1% rise in November, further highlighting the economic challenges facing Chancellor Rachel Reeves as she navigates a fragile economic recovery. Supermarket sales were particularly impacted, with food sales hitting their lowest levels since 2013—a stark indicator of tightening consumer budgets. Despite these setbacks, there’s still room for optimism. The retail sector has always shown remarkable resilience and adaptability, and with innovation, strategic initiatives, and a renewed focus on customer experience, we’re hopeful for an uplift in 2025. Consumer confidence will be key, but as retail leaders, we have a real opportunity to foster it. I’d love to hear from my fellow retail founders—how did you find the festive season this year, both in the UK and internationally? Did you notice similar trends, or was your experience different? Let’s share insights as we prepare for the opportunities and challenges ahead. #RetailSales #UKEconomy #FestiveSeason #ConsumerConfidence #RetailFounders #EconomicOutlook

The cost of living continues to be felt among consumers with 72% saying they expect Christmas shopping to be significantly more expensive this year, while 36% expect to spend less compared to last year. KPMG's Keith Watt discussing the latest KPMG Next Gen Retail Survey here https://lnkd.in/e8FqzeCe

Despite continued consumer caution and soggy weather contributing to a lacklustre retail performance so far in 2024, the Retail Think Tank remains optimistic. So what's the one thing they say retailers should be focussed on? The Retail Think Tank experts analysed the drivers shaping demand, cost pressures, and strategic priorities. Read what they had to say here ?? https://spkl.io/604944vHd

Consumer resiliency remains strong despite a dip in discretionary spending. Household focus on essentials and experiences has boosted core retail sales by 3.8% year over year in June. Notably, restaurants and online shopping have shown significant gains, leading the way in this trend. For detailed insights, explore the full report here: https://lnkd.in/erPHtUA8 #cre #retail #investing

UK ■ Consumer confidence remains weak as Christmas approaches! This posing a challenge for retailers amid declining expectations for the broader economy, according to a recent survey. Consumer expectations regarding personal finances over the next three months saw a slight improvement, rising from minus four last month to minus three in November, as reported by the British Retail Consortium (BRC)-Opinium Consumer Sentiment Monitor.? ■ Additionally, expectations for personal retail spending were positive, increasing by one point to positive three. This rise was anticipated, as consumers began preparing for the festive season, according to the BRC.

Consumers Are A Mess And Retailers Are Noticing Via Forbes #manufacturing #warehouse #logistics #hospitality #hospitalityuk #retail #retailers #retailmarketing #retailnews #eurozone https://lnkd.in/g9NtbM9r