Retail spending coal
A Maru Public Opinion survey released today indicates that shoppers in the UK may be sending retailers a lump of coal instead of much-needed purchases this holiday season. Battered by inflation, many (38%) consumers intend to spend significantly less this year than last, creating a potential net difference down a significant twenty-five percentage points. And there will be small solace for bricks and mortar shops as the majority (66%) of consumers will be buying mainly online this year.