The Retail Sector in Q1 2023

Retail report

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Inflation Spikes, Essential Spending & Value Over Volume

Our ROAST Insights team have done a deep-dive into the retail sector in Q1 2023.

The current economic climate is challenging with the sector facing pressures from high inflation and the cost-of-living crisis. Retail has managed to stay strong but consumers have pulled back in discretionary spend categories and realigned priorities. ROAST have highlighted how brands can tap into these changing consumer attitudes to keep driving growth in 2023.

In this report you will find:
  • How the sector performed in Q1
  • Consumer attitudes and priorities
  • What we can expect in Q2