Consumer Code
Navigating Retail Trends In 2025 (ft. Nicole Larson)
Jan 15, 2025
Nicole Larson, National Manager of Retail Research at Colliers, offers keen insights into the retail landscape for 2025. She discusses cautious optimism among retailers, driven by a mix of consumer sentiment and AI's role. The conversation highlights the significance of partnerships and alternative revenue streams while acknowledging shifts in consumer spending due to inflation. Larson also emphasizes the impact of social media influencers on rebuilding trust and shares exciting visions for innovative retail experiences.
30:03
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Quick takeaways
- Retail in 2025 reflects cautious optimism, with 58% of retailers feeling positive about future performance due to improved consumer spending power.
- The rise of social media influencers is crucial for retailers to rebuild trust with consumers, impacting sales and brand loyalty significantly.
Deep dives
Cautious Optimism in Retail
In 2025, retail is characterized by cautious optimism as inflation decreases and consumer spending power improves. Approximately 58% of retailers report being optimistic, particularly in the grocery sector, which is thriving due to consistent demand for essential goods. Conversely, mass merchants and home retailers exhibit pessimism due to declining discretionary spending and uncertainty in the housing market. The contrast in attitudes among sectors illustrates the varying impacts of economic conditions on retail, leading to a cautious but hopeful outlook moving forward.
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