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Despite a muted outlook for 2024, the Retail Think Tank’s whitepaper outlines key growth opportunities and predictions for next year’s winners and losers
21 DECEMBER 2023 / General
While the retail sector outlook for 2024 is expected to be muted, hampered by ongoing macroeconomic challenges, weakened consumer demand, and low economic growth prospects, retailers mustn’t let stagnation stifle innovation and future opportunities, the KPMG/RetailNext Retail Think Tank (RTT), an independent board of retail experts, warns.
Despite a muted outlook for 2024, the Retail Think Tank’s whitepaper outlines key growth opportunities and predictions for next year’s winners and losers
21 DECEMBER 2023 — London, UK – While the retail sector outlook for 2024 is expected to be muted, hampered by ongoing macroeconomic challenges, weakened consumer demand, and low economic growth prospects, retailers mustn’t let stagnation stifle innovation and future opportunities, the KPMG/RetailNext Retail Think Tank (RTT), an independent board of retail experts, warns.
Falling demand and rising costs will make 2024 another challenging year
18 DECEMBER 2023 — London, UK – Falling consumer demand combined with a barrage of rising costs is set to create a challenging six months ahead for the retail sector – according to the latest assessment by KPMG/RetailNext Retail Think Tank (RTT) members.
Retail’s annual tech investment gap could top £22bn, creating an innovation vacuum that risks sector health and business survival, warns the Retail Think Tank’s latest whitepaper
26 OCTOBER 2023 — London, UK – Annually, retail faces a potential sector-wide tech investment gap of up to £22billion, warns the KPMG/RetailNext Retail Think Tank (RTT), an independent board of retail experts.
Retail industry gets on top of costs, but falling demand could take the shine off the golden quarter
The health of the retail sector is expected to continue its slow decline over the golden quarter, driven by consumer demand falling away, according to the latest assessment by KPMG/RetailNext Retail Think Tank (RTT) members.
Resilient consumers continue to prop up retail health, but willingness to spend could be coming to an end warns Retail Think Tank
Stronger than expected consumer demand in Q2 (March – June) helped to minimise the decline in retail health.
Retail health continues slow decline as golden quarter fails to deliver festive cheer on the high street
Cost of living Christmas worse than Covid Christmas for retailers Margin pressures continue as some retailers look to clear down excess stock Retail health set…
Retail health continues to slide with golden quarter predicted to be the toughest since 2011
Retail Think Tank predicts health of the sector will fall by two points in Q4 22 A hot summer saw consumer demand remain solid in…
Retail health remains relatively steady, despite cost-of-living challenges, but a difficult autumn lies ahead
Q2 22 saw consumer demand remain solid despite rising energy costs and inflation Retail Think Tank predicts health of the sector will fall by…
Retailers face tough Christmas as rising costs offset strong consumer demand warns Retail Think Tank
Retail health during crucial Christmas period is expected to be flat Retailers will need to work harder to protect profitability in final quarter of the…