Show notes
Laurence Turner from Bloomberg joins us to unpack the crucial economic landscape retailers need to watch in 2025!Nick and Laurence explore the key differences between the US and UK markets and how these shifts are impacting global supply chains and tariffs. From the changing dynamics of the UK consumer market to the evolving strategies for product pricing in uncertain times.We discuss where the biggest opportunities lie for retailers right now, how to navigate shifting consumer behaviour, and how to leverage data and insights to stay ahead of the competition. Tune in for actionable insights that will help you thrive in the year ahead!Links to resources:GfK Consumer Confidence Barometer: https://nielseniq.com/global/en/landing-page/consumer-confidence-barometer/CBI economic surveys: https://www.cbi.org.uk/cbi-economics/economic-surveys/ Bloomberg Economics: https://www.bloomberg.com/economics OECD global economic outlook: https://www.oecd.org/en/topics/sub-issues/economic-outlook.htmlSign up to the Growth Hub here: https://wwspodcast.com/pages/the-growth-hub Key takeaways:0:00 Introduction & About Laurence2:49 The Economic Difference With US & UK Going Into 20255:52 How The Economy Is Influencing Supply Chains & Tariffs11:48 Where are the Opportunities For Retailers Right Now?23:31 How The UK Spending Market Is Shifting30:08 How To Price Your Products33:11 How To Win This Year39:41 How to Find Good Sources for Business/Market Data43:21 Shopify Connect for CanvaCheck out our awesome partners!If you use Shopify and Canva, this app will save you time! seguno.com/canva Join the bootcamp and elevate your inventory game: https://info.brightpearl.com/winning-with-shopify-holiday-planning-bootcamp Book your extended 60 day FREE Influencer Marketing demo session with Afluencer here! https://afluencer.com/wwsSupport the show