Inflation, 'Insperiences', Industry Outlook for 2024
Retail DisruptedDecember 06, 202300:40:53

Inflation, 'Insperiences', Industry Outlook for 2024

Richard Lim, CEO of Retail Economics (https://www.retaileconomics.co.uk/) , joins Natalie for a wide-ranging discussion on:


• The health of the UK consumer and why 2024 will be a year of two halves.

• Richard's inflation theory (listen to find out!)

• Combating cost pressures in 2024 - business rates, labour costs and more.

• November data releases - interpreting the BRC retail sales (https://brc.org.uk/news/corporate-affairs/cautious-consumers-delay-christmas-spending/) and Barclaycard consumer spending data (https://home.barclays/news/press-releases/2023/12/consumer-spending-bounced-back-in-november-as-seasonal-shopping-/) - from 'insperiences' to 'revenge spending'

• Digital transformation progress and where next for the industry.

• Separating hype from reality - why generative AI is not 'the next metaverse' (in buzzword bingo).

• ESG - managing conflicting consumer demands for convenience and sustainability.


Links:


Retail Economics (https://www.retaileconomics.co.uk/)


Richard on LinkedIn (https://www.linkedin.com/in/richard-lim-42527726/)  


Retail Economics on Twitter/X (https://twitter.com/RetailEconomics)


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