SA shoppers are cutting back on all non-essential spending, says PwC
Big decreases forecast in fashion, health and beauty. Homeware, sports, home entertainment and virtual online activities also face pressure.
Big decreases forecast in fashion, health and beauty. Homeware, sports, home entertainment and virtual online activities also face pressure.
Christmas is a time of over-spending and over-consumption. This year, British consumers are renting everything from presents to trees.
Marketers stuck in their pre-pandemic strategies risk missing a shift in behaviour taking place at the intersection of work and life.
More than half of consumers say they are giving more thought to the social and environmental impact of their purchases before they buy.
In-store purchasing remains notably more popular than online shopping, but with virtual card usage on the rise.
People are going to the shops far less frequently, but are still spending more and may be in denial about difficult economic conditions.
More and more South Africans want to shop using social media networks, but many people still prefer to research online and shop offline.
Easy online shopping is leading to overconsumption. Encouraging a stronger movement to buying pre-loved goods is therefore vital.
Locally made products from smaller, ‘authentic’, brands are striking a chord with cash-strapped consumers, new study finds.
Renewed interest and investment from retail chains, including multinationals, will grow the sector. But informal retail isn’t going anywhere, just yet.