1、Accelerating success.The Implications of Inflation on the Retail IndustryA look into how rising inflation rates are impacting retailer and consumer decisions.Fall 2022|U.S.Retail ReportContents Introduction How We Got Here Consumer Views on Inflation Retailer Strategies for Inflation ConclusionIntro
2、ductionAnjee Solanki|National Director,Retail Services&Practice GroupsThe impact on retail based on inflation challenges has a mixed result,with consumers coping and adjusting.Although there are many indicators,the fluctuations within are driving consumers to be cautious in how and where they spend.
3、Layer the cautiousness with the angst to do and want more requires constant monitoring,forcing investors and retailers to continuously track various cycles.What we have learned post 2020-2021 and how we look forward contemplates the consumer journey.With gasoline prices,supply chain impact on freigh
4、t,manufacturing,margins,and/or the Inflation Reduction Act implications,all contribute to existing and new challenges.The only direction we must all move towards is forward,pivoting as needed and finding a good balance in that moment.Read more about why consumers are making certain decisions based o
5、n the sensitives of macro-economics.How We Got HereThe volatile consumer and macro-economic environment continue to challenge the retail industry.In 2021,the risk was on the upside,as demand for goods continued to surge and consumers returned to spending on services like restaurants;in 2022,it is a
6、downside risk.Consumers spending expectations are falling as they struggle with political discord,climate change,wars,domestic terrorism,and high inflation,which rose to 9.1%in June,its highest rate since the early 80s.Here is a brief timeline of how we got to this position:Many economists considere