2024 Retail Trends: How Value-Conscious Consumers Shaped the Market
2024-12-30
The Associated Press - Business News
In 2024, value was the name of the game for shoppers and diners in the US. With rising housing and food prices, consumers were selective about where and how to spend their money, driving demand for affordable and high-quality products. As a result, retailers and restaurants had to adapt to meet the needs of these value-conscious customers, offering competitive pricing, loyalty programs, and personalized experiences to stay ahead in the market, including popular trends like sustainable shopping and online deals.