Andrew Burnstine – Retail Matters
Three recent consumer behavior research reports reveal key trends for the back-to-school shopping season. The findings echoed similar reports over the past two weeks that showed shoppers being more price-sensitive due to inflation, which also has households expecting to spend more this year.
Another important find is that when consumers plan to shop, they prefer brick-and-mortar. But it is inflation and its impact on spending that is dominating the consumer mindset.
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I have noticed many are still not really shopping, but seems like many are window shopping, do you see an uptake in this Andrew?