Retail Winners and Losers 2024
In 2024, U.S. consumer behavior shifted significantly toward value-seeking, profoundly influencing the retail and dining sectors. Shoppers increasingly favored discount retailers and budget-friendly dining options, leading to notable industry winners and losers. Winners: Losers: Notably, McDonald’s managed a recovery by adjusting its pricing strategy to better meet consumer expectations, demonstrating the importance of flexibility in […]