Global retail trends 2023
As we look ahead to the next 12 months, we’ve identified six trends set to shape the global grocery landscape in 2023.
At the forefront of our thinking has been the inflationary backdrop in most major markets. This has led to an intense focus on driving out costs, improving efficiencies and delivering value to consumers in new ways.
While many of the initiatives are reactionary, they are helping retailers to reset the cost base and go-to-market models for the future.
Alongside this, retailers continue to progress multi-year initiatives centred on health and wellness, sustainability, and digitisation. Progress in these areas is incremental but will drive significant long-term change in the shape of our industry.