In February 2022, consumer sentiment continued to decline, as well as traffic and sales across most industry segments. However, average order size (AOS) is up, along with grocery and luxury goods, indicating inflation and higher spending among a privileged few. Based on this data, our business and strategy experts at Bloomreach ascertained that consumers are buckling down due to economic pressure and global uncertainty.
More Ways to Read:
🧃Summarize--The key takeaways that can be read in under a minute
Get access to the condensed version of this piece, and every other article on The Juice, and so much more.
Start a free account on The Juice and we'll send you weekly emails sharing which podcasts, blogs, guides,
etc. are trending with other marketing or sales pros. We call it the Top 5!
Copy the URL below and share to your favorite social platforms.
How it works
The shared link will allow the reader to click through to the final url for this piece, skipping the need to sign up or log in to engage with the content.