In the global retail industry, macroeconomic concerns continue to weigh on consumers, placing a heavy burden on retailers specialising in sales of discretionary goods. Even so, thanks to the skyrocketing popularity of online shopping and the growing affluence of consumers in Asia, global retail sales recorded positive, albeit subdued, growth in 2024. Future growth will be largely dependent on the continued expansion of e-commerce and the remarkable rise of the Asia Pacific retail sector.
Easing inflation, strong labour markets, consumer fatigue with frugality, the strength of the Asia Pacific consumer base, and the continuing ascendance of…
View ReportThe Strait of Hormuz blockage is the defining economic shock of 2026, severing a critical energy corridor and driving oil prices sharply higher. Global growth…
View ReportIn 2025, the retail industry experienced modest 2% growth. Driven by cost pressures, trade disruption and changing demand, retailers are shifting from…
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