RETAIL & ACCESSORIES IN 2025

Resilience, Realignment, and Strategic Shifts
By Beth Goldstein

Graph by Circana

Retail is navigating a complex labyrinth shaped by inflation, shifting consumer priorities, and global uncertainty. Despite the economic headwinds, U.S. retail sales are holding steady. Circana tracks over $3.3 trillion in consumer spending, which is up 2% year-over-year through the first half of 2025. This growth is largely driven by inflationary pricing — not yet impacted by tariffs, but by persistent price growth across categories.

Consumers are prioritizing their spending by strategically focusing on value and convenience rather than simply seeking the lowest price. This behavior is reshaping performance across categories.

For the full analysis in the Fall 2025 issue, click HERE. To read the entire issue, click HERE.