Industry Update

Configure Partners is pleased to release the latest Consumer & Retail Industry Snapshot, observing the macro and personal economics impacting consumer shopping habits and retailer sales.

As markets progress with macroeconomic uncertainty, a prolonged inflationary environment, and anticipation of a weakening economy in the near future, consumers are shifting budgets toward other priorities and to safer, more conscious purchases. However, retail subsector sales have largely remained stable year over year. In addition to detailed market analysis, the report explores four trends our team of experts has identified:

• Continued increase in retail bankruptcy activity
• Normalization of hybrid shopping
• Automation and AI having an increasing role in retail
• Environment- and ethically- focused brands taking up a larger market share

View the Consumer & Retail Industry Snapshot here: 2023 Consumer & Retail Industry Snapshot