All Consumer confidence articles – Page 2
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Analysis
Analysis: Seven ways consumers are shifting behaviour as cost-of-living crisis bites
At a time when household budgets are being tested to their limits – and further pressure on spending is set to come in the autumn – consumers are beginning to change their habits ahead of what is likely to be a long, cold winter
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Data
Consumer confidence tumbles to lowest level since 1970s
Consumer confidence tumbled to an all-time low in August as the UK prepares for a bleak winter.
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Analysis
‘The days of cheap food are over’ – how food security concerns are fuelling higher prices
With the entire UK state fraying at the seams, surging energy prices, war in Europe and heatwaves have exacerbated worries about the country’s long-term food security
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Opinion
‘In this environment it’s not just profitability that’s at stake, but survival’
Retailers should take encouragement from how they have transformed themselves in recent years as they adopt tactics to confront today’s difficult environment, says Alvarez & Marsal’s European head of retail and consumer practice Erin Brookes
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Opinion
‘As recession looms, how will consumers behave this time around?’
Leaders must look back at how retail fared in 2008, the last prolonged recession in the UK, for indicators of how spending may play out next year, advises PwC consumer markets leader Lisa Hooker
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News
Bank of England warns UK will fall into recession this year as interest rates soar
The Bank of England (BoE) has said the UK economy will crash into a recession by the end of the year as it raised interest rates to their highest point in 27 years.
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Data
Consumer confidence stagnates at lowest ever levels
Consumer confidence remained low in July as shoppers feel the cost-of-living pinch
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Analysis
Deep dive: After Bank of England’s horror warning, is your business recession-ready?
Soaring energy prices, growing inflation and nose-diving consumer confidence present a perfect storm for retailers in 2022. What can be done to weather it?
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News
UK on verge of dairy shortages warns Lurpak owner
The UK is facing the prospect of a shortage of dairy products as a lack of workers has forced farmers to slash production, the country’s biggest milk and butter producer has warned.
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Data
Consumer confidence drops to record low as economic gloom spreads
Consumer confidence has taken another blow in June as the cost-of-living crisis worsens.
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Retail Voice
Cost of living: The top three questions for retail leaders as the crisis deepens
With the cost of living spiralling and consumers facing increasingly challenging times, Fourth’s Sebastien Sepierre examines how retailers can further support their own workforce.
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Data
Consumer confidence plummets to lowest-ever levels as cost-of-living crisis escalates
Consumer confidence has reached an all-time low since records began in 1974.
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News
Data: Consumer confidence tumbles as cost-of-living crisis intensifies
Consumer confidence fell sharply in April as people grappled with rising costs.
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Data
Data: Discretionary income falls in poorest households as cost-of-living crisis deepens
The cost-of-living crunch is hitting the UK’s least affluent households the hardest, with discretionary spending among the poorest households already declining.
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Data
Data: Consumer confidence plummets as cost-of-living crunch bites
Consumer confidence dropped further in March as concerns over the cost of living grew, with 30-year-high levels of inflation and soaring fuel and food prices.
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Data
Data: Consumer confidence hits lowest point in a year as price rise fears grow
Consumer confidence has dropped to its lowest point since January 2021, one of the worst months of the pandemic.
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Opinion
‘As cost of living climbs, value-for-money battle will make or break retail success’
With consumers across the board feeling the pinch of rising prices, retailers should remember that value for money need not mean cheap, writes George MacDonald
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Analysis
The most bankable retail trends of 2022
With Christmas 2021 now over, Retail Week unpacks the key consumer trends and asks what they could mean for the golden quarter in 2022.
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Data
Data: Consumer confidence rises as shoppers gear up for Black Friday deals
Consumer confidence grew in November despite increased concerns of sky-high inflation rates.
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Data
Data: Consumers ‘slam on the brakes’ as confidence hit by rising living costs
Consumer confidence fell in September with the combination of rising fuel and food prices, supply chain challenges, inflation and the end of furlough stoking fears of a looming cost of living crisis.