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From the squeeze to the crunch: what really matters in retail

If 2022 was the year of the ‘squeeze’… 2023 is almost certainly going to be the year of the ‘crunch’. 

Against the background of an increasingly challenging macro environment, retailers need to keep their cool in all areas of their business, from technology implementation to supply chain management. 

 

In our latest report, we highlight the major industry challenges, the significant areas retailers should be focusing on, and our predictions for what’s to come. The squeeze is over, and the crunch has begun.

2023 will force retailers to take a forensic look at their business and operating models. Whilst some of 2022’s supply chain issues will ease, we expect consumer spending to be significantly impacted, and cost pressures to bite harder. As a result, a laser focus on margins and profitability will be required.

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article, retailind, pi, united kingdom, retail, supply chain, emea, english uk, disruption, inflation
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