Tag: March 2024 Benchmarks

Despite economic challenges like inflation, consumer engagement remains strong, supporting our positive outlook for 2024. While we expect a temporary slowdown in the economy, there are still consistent growth opportunities across various sectors.

Following a sluggish trend, shopper activity remained subdued in April. Although demand for apparel remained robust, other sectors experienced declines compared to the previous year.

After a strong February, shoppers took a breath in March. Demand for apparel remained strong, and home and furniture retailers saw improving market conditions. However, many brands were down slightly compared to last year.