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How Food And Drink Spending Will Change In The Covid Recovery Phase

As hospitality reopens its doors, talk is turning to economic recovery from the pandemic. For now, that recovery is looking uncertain.

But a new IGD report suggests there are grounds for optimism amid the uncertainty, as a number of shoppers find themselves with more cash than ever.

Read the full article on The Grocer website

NAM Implications:
  • The combination of IGD’s report re
    • Average earnings returning to growth
    • The UK has more savings than pre-Lockdown
    • (mix of ‘well-off’ and ‘needy’ will complicate recovery)
    • Consumers acceptance of a rise in food prices
  • …points to a post-Lockdown recovery.
  • Worth a detailed study for potential impact on your business.