In this Retail Radar, Tony De Fazio, our very own Head of Product will be looking at understanding how the impacts of price rises on consumer behaviour is very important. Kepler outlines the shift in key performance indicators, as consumers seek to derive value in an inflationary cycle. There are implications for retail networks, offers and engagement models.
Using the Kepler Retail Index of over 1800 stores across Australia and New Zealand, here is a review of Sales Conversion vs ATV comparison between the first 3 months of 2023.
Data below is representative of Australia and New Zealand only. If you would like retail insights on other regions please get in touch with us at firstname.lastname@example.org