This report highlights new retail trends and disruptions that product suppliers faced over the past year…
and the measures some have taken to help mitigate risks and optimize retail sales. Over 400 product suppliers participated in our survey which gave us incredible insight during what was an unprecedented time. As a result, there are key takeaways that can help product suppliers and retailers alike navigate the next 12 months.
Some Key Highlights
- 80% of respondents revealed that their YoY sales were either higher or stayed the same, despite shifting consumer habits and supply chain issues.
- 68% of product suppliers increased inventory levels overall in order to improve fill rates with retailers’ orders.
- 43% of respondents expect Brick & Mortar to be the highest growing channel in 2022.