Holiday Spending & Consumer Sentiment Trends With A&M's Chad Lusk | 5IM

Omni Talk Retail

Chris and Anne welcome Chad Lusk from the A&M Consumer and Retail Group to unpack findings from their latest consumer sentiment survey. They explore how economic factors are reshaping holiday spending, consumer loyalty, and shopping behaviors. Key topics include: [00:30] Consumer Spending Decline: A 9% net decrease in holiday spending. [01:45] Economic Impact on Basics: Why fresh food is losing ground to packaged goods. [02:50] Retail vs. Brand Loyalty: Consumers’ preference for banner loyalty when cutting costs. [04:20] Generational Shopping Patterns: Contrasting online and in-store shopping behaviors. [06:10] Retail Strategies for 2024: How retailers can meet diverse consumer needs. Tune in for actionable insights and Chad's expert analysis on the latest consumer behaviors! To read the full Consumer Sentiment Survey, click here: https://alvarezandmarsal-crg.com/insight/consumer-sentiment-survey-fall-2024/ Music by hooksounds.com Sponsored Content #holidayshopping #retailtrends #consumerinsights #shoppingtrends #retailstrategy #economicimpact #generationaldifferences