Falling demand and rising costs will make 2024 another challenging year

Weakening consumer demand likely to continue into Q1 24Difficult Q1 24 will be the lull before the storm of Q2 24 when a tsunami of costs will hit the sectorWidespread promotions and discounting will continue after Christmas
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.Wi