Since the beginning of the COVID-19 pandemic, consumers around the nation have endured a prolonged period of aggressive inflation on everything from cars to clothes to food. With the cost of living up across the board, many consumers are rethinking how they spend, and it’s up to retailers and manufacturers to respond to these trends while still minding their bottom line.
In this infographic we’ll dive into which goods and services have been hit the hardest, how consumers are changing their behaviors to cope, why discount stores are hungrier than ever for excess goods and services, and finally, how your retail businesses can tap into this growing demand.
