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.