Presentation: Balancing Economic Pressures And Digital Priorities In A Challenging Economic Environment
Richard Lim, CEO, of Retail Economics will present the findings for their latest research analysing the impact of the Budget on the UK retail industry. Based on research of over 100 UK retailers, the presentation will quantify the financial impact across the sector, focussing on the mitigation strategies retail boards are likely to deploy in order to navigate these challenges throughout 2025 and beyond.
- Predicting where the UK economy is likely to go in the next two years
- Assessing how the October 2024/March 2025 budget and a Labour government has impacted the retail sector
- Quantifying the impact of additional cost pressures facing the industry in 2025/26 and the impact on margins
- Assessing the mitigation strategies retailers will deploy to alleviate cost pressures
- Evaluating how retailers can work smarter to drive operational efficiencies throughout their business.
- Understanding the importance of remaining appealing to your customer and showing them value
- Assessing new business models for retailers created by economic change
Speakers