A&M Five Insightful Minutes on Consumer Sentiment With Chad Lusk
Chris and Anne welcome Chad Lusk from the A&M Consumer and Retail Group to unpack findings from their latest consumer sentiment survey. They explore how economic factors are reshaping holiday spending, consumer loyalty, and shopping behaviors.Key topics include:[00:30] Consumer Spending Decline: A 9% net decrease in holiday spending.[01:45] Economic Impact on Basics: Why fresh food is losing ground to packaged goods.[02:50] Retail vs. Brand Loyalty: Consumers’ preference for banner loyalty when cutting costs[04:20] Generational Shopping Patterns: Contrasting online and in-store shopping behaviors.[06:10] Retail Strategies for 2024: How retailers can meet diverse consumer needs.Tune in for actionable insights and Chad’s expert analysis on the latest consumer behaviors!To read the full Consumer Sentiment Survey, click hereMusic by hooksounds.comSponsored Content#holidayshopping #retailtrends #consumerinsights #shoppingtrends #retailstrategy #economicimpact #generationaldifferencesThis podcast uses the following third-party services for analysis: Podcorn - https://podcorn.com/privacy