The top retail industry trends of 2025: what retailers and suppliers need to know
2024 was tough on consumers, setting up a 2025 retail space that’s a mixed bag of hopes for a sunnier future and anxiety about that same future.
Inflation and ongoing economic pressure are on the minds of consumers. Though inflation has diminished, prices haven’t returned to anything close to pre-pandemic levels, resulting in consumer frustration and hardship. While all shoppers are seeking deals, more of those at the lower income levels are needing help to make ends meet, as evidenced by an increase in demand at local food pantries.
Walmart President and CEO Doug McMillon recently stated that he believes food inflation will remain constant in 2025, saying he’s particularly disappointed at…….
Sources include:
Westrock
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