Navigating the Price Surge: Shifting Shopping Habits
FEB 27, 20257 MIN
Navigating the Price Surge: Shifting Shopping Habits
FEB 27, 20257 MIN
Description
<p><strong>S1:E2 Economic Waves: How Price Hikes Transform Shopping Trends</strong><br /><strong> </strong><br />Welcome to another Retail Razor: Data Blades episode, where we explore real-world numbers and consumer insights with <a href="https://www.linkedin.com/in/georgina-nelson-11ab0631/" target="_blank">Georgina Nelson</a>, CEO of <a href="https://trurating.com/" target="_blank">TruRating</a>. We discuss how rising prices are affecting shopper behavior. Georgina shares data showing significant changes: 63% of U.S. consumers are driving less due to high gas prices, 60% are cooking more at home, and 74% are using shopping lists—reflecting increased spending discipline. We also explore how retailers can turn these challenges into opportunities by enhancing customer experience and building loyalty. Hosted by Ricardo Belmar and Casey Golden, tune in for valuable insights and strategies to navigate the current economic landscape.<br /> <br /><strong>Subscribe to our Newsletter</strong>: <a href="https://retailrazor.substack.com" target="_blank">https://retailrazor.substack.com</a><br /><strong>Subscribe to our YouTube channel:</strong> <a href="https://bit.ly/RRShowYouTube" target="_blank">https://bit.ly/RRShowYouTube</a><br /> <p>(00:00) Show Intro</p><p>(01:12) Georgina Nelson - How Rising Prices Are Impacting Shopping Habits</p><p>(05:43) Show Close</p><br /><strong>Meet your hosts,</strong> helping you cut through the clutter in retail & retail tech:<br /> <br /><a href="https://bit.ly/LIRBelmar" target="_blank"><em>Ricardo Belmar</em></a> is an <a href="https://nrfbigshow.nrf.com/retail-voices" target="_blank">NRF Top Retail Voices for 2025</a> and a <a href="https://rethink.industries/top-retail-experts-2024/#%23top" target="_blank">RETHINK Retail Top Retail Expert</a> from 2021 – 2025. <a href="https://www.thinkers360.com/tl/profiles/view/3427" target="_blank">Thinkers 360</a>has named him a Top 10 Retail Thought Leader, Top 50 Management Thought Leader, Top 100 Digital Transformation Thought Leader, and a Top Digital Voice for 2024. He is an advisory council member at <a href="https://business.gmu.edu/retail/" target="_blank">George Mason University’s Center for Retail Transformation</a>, and is the director partner marketing for retail & consumer goods at Microsoft.<br /> <br /><a href="https://bit.ly/LICasey" target="_blank"><em>Casey Golden</em></a>, is the CEO of <a href="https://www.luxlock.com/" target="_blank">Luxlock</a>, a <a href="https://rethink.industries/top-retail-experts-2024/#%23top" target="_blank">RETHINK Retail Top Retail Expert</a> from 2023 - 2025, and <a href="https://www.retailcloudalliance.com/our-community" target="_blank">Retail Cloud Alliance</a> advisory council member. Obsessed with the customer relationship between the brand and the consumer. After a career on the fashion and supply chain technology side of the business, now slaying franken-stacks and building retail tech!<br /> <br />Includes music provided by imunobeats.com, featuring <em>Tech Lore </em>from the album <em>Beat Hype</em>, written by Heston Mimms, published by Imuno.<br /><br /><br /></p>
