Reported 1 day ago
Hispanic consumers in the U.S., who wield significant buying power estimated at $2.4 trillion, are altering their shopping behaviors in 2025 due to economic uncertainties, rising inflation, and concerns over immigration enforcement. A report from Kantar reveals a notable decline in in-store shopping among Hispanics compared to non-Hispanics, with significant drops in purchases across several categories, including clothing and household items. Retail experts suggest that this shift requires retailers to adapt their strategies to appeal to Hispanic shoppers, who are increasingly valuing online shopping and safety.
Source: YAHOO