European Retailers Chart a Path to Profitable Growth.
Find out industry leaders' investment decisions to help navigate uncertainty and prepare for growth.
European retailers have a difficult year ahead, marked by high costs and subdued consumer demand. Find out the investment decisions industry leaders are making to navigate uncertainty and prepare for growth.
Key findings include:
The short-term sales outlook is tough, but 78% of executives are upbeat about growth in 2024
To earn incremental revenue and boost customer loyalty, most retailers will offer one or more services in the next 18 months that augment their core products
Overall, the research finds that while improving efficiency is a priority, businesses are also laying the groundwork for future expansion