News, views and industry trends
Day 4 | The importance of retail destinations meeting consumers’ needs
With it being a challenging year across the board, it’s important for retail destinations to understand how they can meet consumers’ needs. Today, we take a closer look at the most important factors for consumers when visiting physical st…
Day 3 | How recent changes in inflation are impacting leisure and hospitality
Even though rate of inflation has eased in recent months, consumers continue to face higher household expenses which are impacting their spending power. In day 3, we take a closer look at how this impacts leisure and hospitality.
Day 2 | How much are consumers spending online for non-food items?
Our survey asked how much consumers are spending online for non-food items. The results indicate that shoppers still have a desire for an in-store experience which retailers need to be mindful of.
Day 1 | Consumers’ preferences for visiting physical retail destinations
This year has shaped changes in consumer behavior driven mainly by rising interest rates and high inflation. Today, we take a closer look at how this has impacted shopper behavior in certain retail destination types.
Weaker black Friday footfall expected compared to previous years
As the consumers of New York City prepare for the magic of the holidays, attention turns to how the city will fare this Black Friday amid slowing inflation and weakening footfall performance on the day itself since 2018, which is when the retail inte…
Capture Rate – what is it?
The issue raised most frequently with us by our retailer clients is whether sales in their bricks and mortar stores are as good as they could be. Valuable insights can be gained from tracking store sales against market performance, which is why MRI O…