Data: Four out of five consumers mull switching to discounters as cost of living soars

Man's hands holding bunch of receipts in a grocery store

A new survey has found that four out of five UK consumers are considering switching to value or discount retailers due to the growing cost-of-living crunch.

New data compiled exclusively for Retail Week by Walnut Unlimited has found that 82% of UK consumers are likely to switch their shopping to value and discount retailers across essential categories as rampant inflation and surging energy prices deepen the cost-of-living crisis.

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