Navigating the Price Surge: Shifting Shopping Habits

Navigating the Price Surge: Shifting Shopping Habits

7:08 Feb 27, 2025
About this episode
S1:E2 Economic Waves: How Price Hikes Transform Shopping Trends Welcome to another Retail Razor: Data Blades episode, where we discuss how rising prices are affecting shopper behavior with Georgina Nelson, CEO of TruRating. Georgina shares data showing significant consumer insights: 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. Don't forget to like and subscribe to The Retail Razor: Data Blades for more episodes on customer experience, retail marketing, AI in retail, and data‑driven transformation!Subscribe to the Retail Razor Podcast Network: https://retailrazor.com/Subscribe to our Newsletter: https://retailrazor.substack.comSubscribe to our YouTube channel: https://go.retailrazor.com/utubeChapters: (00:00) Show Intro(01:12) Georgina Nelson - How Rising Prices Are Impacting Shopping Habits(05:43) Show CloseMeet your hosts, helping you cut through the clutter in retail & retail tech:Ricardo Belmar is an NRF Top Retail Voice for 2025 and a RETHINK Retail Top Retail Expert from 2021 – 2026. Thinkers 360 has named him a Top 10 Thought Leader in Retail, a Top 25 Thought Leader in AGI and Careers, a Top 50 Thought Leader in Agentic AIand Management, and a Top 100 Thought Leader in Digital Transformation and Transformation. Thinkers 360 also named him a
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