Consumer values have changed permanently during the pandemic, driving a desire for a more responsible form of consumption, according to the latest EY Future Consumer Index.
As Black Friday (26 November) approaches, the EY Future Consumer Index finds that nearly four in five (78%) UK consumers expect to spend the same amount or more this Black Friday weekend compared to previous years.
Supply chain issues and rising costs drive profit warnings of UK listed companies back to pre-pandemic levels, EY finds
Profit warnings issued by UK listed companies in consumer-facing sectors, including retail and grocery producers, accounted for 33% of all warnings in the third quarter of the year as rising energy prices, supply bottlenecks and labour shortages spread across the economy.
UK shoppers say high prices and product confusion stop them shopping more sustainably, EY survey finds
UK consumers’ interest in sustainable products has risen significantly, according to the latest EY Future Consumer Index, with more than a quarter (28%) saying they have increased their purchase of sustainable products over the course of the pandemic and a
EY: a third of FTSE retailers face financial cliff edge after multiple profit warnings and reliance on government support
More than a third of listed retail companies are facing a potential financial cliff edge, having issued two or more profit warnings since March 2020 and made a claim for government support in December, according to the latest EY analysis
Post COVID-19 spending bounce back set for late summer as consumers delay return to shops until majority vaccinated, EY survey finds
There is significant pent-up demand for consumer spending post-pandemic, with UK consumers prioritising haircuts, holidays and a day out as they emerge from lockdown, according to the latest EY Future Consumer Index.
Short-term anxiety around shopping in store continues to ease, EY’s latest Future Consumer Index reveals
UK consumers have grown more comfortable with returning to the shops, according to the latest EY Future Consumer Index, which finds comfort levels with traditional shopping behaviours – such as going to a shopping mall and trying on clothes or
Two thirds of British consumers consider themselves to be ethical shoppers - but price is still the most important factor when purchasing a product for 78% of shoppers, a new report from EY today reveals. Over two-thirds of UK consumers (68%)