Retail Resilience in Rishi's Recession
Snaps if you get the Tyra Banks ANTM reference.

Retail Resilience in Rishi's Recession

Despite the recent recession announcement, the UK's economy is showing signs of resilience, with a surprising boost in retail sales. January saw a 3.4% increase in retail sales, the largest in nearly three years, indicating strong consumer spending. This positive trend, coupled with falling inflation rates, suggests a potential path to economic growth. While experts urge caution, citing the need for a sustained recovery, the data offers hope for a brighter economic future.

In this challenging year for retail, companies should stay informed, arm themselves with up-to-date news, strategy tips, and test new opportunities to stay ahead.

Remember, banks print more money every day, so stay positive and focus on delivering the best product, the most creative creative, the simplest user journey on your website, and the best customer service. Go out and grab all that money up for grabs, keep evolving!


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Retail Trends:

2024: experts predict tough start for UK retail

Red Sea Tensions & Transport: Fashion is one of the most affected sectors

January online retail sales grow at much faster pace than total sales

Shop sales rebound in January as people sought new year deals

A phenomenal year for Shopify

Shopify launches localized online stores

UK: 79% fashion retailers have return fees

Amazon tightens control of UK online retail as sales accelerate


Marketing Trends:

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Paid search outperforms paid social—with the latter far more likely to bounce

Influencers “Rarely” Disclose Ads, According to New EU Probe


Consumer Trends:

Consumers want points and rewards above all other loyalty perks


Michael Boyle is a highly accomplished marketing professional and the owner of Modernity Marketing — a digital and creative marketing agency.

Michael is a sought-after freelance marketing consultant overseeing digital marketing channels, e-com, budgets, logistics, customer care, creative direction, and spearheading brand launches from concept to reality.?His breadth of expertise makes him a rare go-to authority for premium D2C brands.

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