Retail and consumer trends in 2023: physical shopping and brand power to rule amid subdued demand

After the last three years, 2023 is likely to be the first year when the threat of Covid-19 will have waned significantly, with travel and mobility inching closer and surpassing, in some cases, the 2019 levels. Against this backdrop, it is interesting to predict the key themes likely to play out across retail- and consumer-centric sectors this year. Here are five big themes likely to play out. #1. Macro environment: high inflation and lingering