Inflation, 'Insperiences', Industry Outlook for 2024
Dec 06, 2023•41 min•Ep. 25
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Episode description
Richard Lim, CEO of Retail Economics, 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 and Barclaycard consumer spending data - 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:
Richard on LinkedIn
Retail Economics on Twitter/X
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