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Retail

Retail sales show shift toward service industry spending, consumer goods could suffer in 2023: Deloitte

January 16, 2023

Consumers will continue to spend more on services--like going out to eat--than on retail goods. Image credit: Deloitte Consumers will continue to spend more on services--like going out to eat--than on retail goods. Image credit: Deloitte

 

By Marybeth Connaughton

Retailers will have to keep the consumer experience at the center of their investments if they want to continue to prosper in the year ahead, according to new research.

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  1. Louis Vuitton introduces Visionary Journeys Seoul
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  6. Burberry bans exotic skins
  7. Estée Lauder Cos., Jo Malone launch AI scent advisor
  8. Savannah College of Art and Design debuts SCAD LUXE research center
  9. Gucci studies connection in spring/summer 2025 campaign
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