With inflation on the up and consumers becoming more spend averse, the year ahead will be challenging for retailers. But with clever cost saving, retail businesses can do more with less. Putting you in pole position when the economic gloom lifts.
To understand the industry’s spend characteristics (and where costs are coming from), Soldo surveyed 250 retail professionals. We asked about spend frequency, how it’s managed and cost categories. Here’s what they told us:
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