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
- 72% of respondents revealed that their YoY sales were either higher or stayed the same, despite shifting consumer habits and supply chain issues.
- 64% of respondents attributed their sales growth to product innovation.
- 86% of top executives believe there will be a recession in 2023