War in Gulf, layoffs hit discretionary spends
Consumers are cutting back on discretionary spending, prioritizing essentials and value purchases due to war-driven uncertainty and layoffs. This shift is leading to slower sales for non-essential items, with companies focusing on value packs and smaller formats to maintain accessibility amidst rising costs and a cautious job market.🕒 1 min read
Consumers are cutting back on discretionary spending, prioritizing essentials and value purchases due to war-driven uncertainty and layoffs. This shift is leading to slower sales for non-essential items, with companies focusing on value packs and smaller formats to maintain accessibility amidst rising costs and a cautious job market.
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