In the ever-evolving landscape of retail, maintaining a delicate equilibrium between retailers and consumers is paramount. The relationship between these two entities is symbiotic, with each relying on the other for sustenance and growth. However, in recent times, this equilibrium has been under strain, primarily due to macroeconomic factors that have tilted the balance in favor of one party over the other.
In this blog post, we delve into the key macroeconomic factors that have influenced the retailer-consumer balance and explore strategies to restore this equilibrium. Our insights are complemented by an informative infographic that visualizes these concepts, offering a comprehensive overview of the challenges and solutions at hand.
Infographic provided by Riveron Consulting, a provider of accounting and finance functions