INSIDE RETAIL State of the Industry Quarterly Report

What key trends and developments shaped the retail industry in Q4 2022? Between announced mergers, macroeconomic headwinds, consumer behavior changes and more, the last quarter of this year echoed the volatility seen across 2022. Uncover the top insights, developments and retail performances that emerged in Q4 and receive an overview of the state of the retail industry during the critical holiday shopping season from Elizabeth Lafontaine,

chief retail analyst at Retail Leader Pro

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Key Takeaways

Consumers are focused on mission-driven shopping behaviors, allowing them to mix and match purchases at different chains to satisfy their needs.

TikTok’s new foray into e-commerce and shopping should certainly present some opportunities for grocery, CPG and general merchandise brands. Do not shy away from investments even during what will be a challenging retail year, because the consumer still holds high expectations. The holiday season may have been elongated a bit too far this year; need to be cautious of the impact on consumer spending and attention span.

From a strategic perspective, now is the time to understand what matters most to your core customer and how to build technologies and strategies that speak to that need.

Elizabeth Lafontaine Chief Retail Analyst Retail Leader Pro