Ideas for consumer businesses in a cost-of-living crisis. With the latest Bank of England forecasts predicting continued negative year-on-year GDP and a year of negative growth for household spending, how can consumer businesses weather the storm ahead? Understanding the latest data and how trends are impacting your markets is a commercial essential. Knowing how to turn insights into a successful strategy could be the difference between business failure and survival. This welcome update on our consumer research examines data from the end of 2022 and looks ahead to a year of challenges and opportunities.
L.E.K. Consulting is a registered trademark of L.E.K. Consulting. All other products and brands mentioned in this document are properties of their respective owners. © 2023 L.E.K. Consulting
12172024111218