Essential retail seen resilient in Q3 (opens original article in a new tab)

Essential retail is expected to remain resilient in Q3 as consumers prioritize necessities, while discretionary segments face challenges due to economic uncertainty and inflation.

• Analysts predict essential retail segments like groceries and pharmacies will outperform discretionary retail in Q3 due to consumer caution and prioritization of necessities.
• Food and grocery retailers such as Puregold and Robinsons may benefit from sustained demand for essentials and potential back-to-school spending.
• Geopolitical stability and inflation control are critical factors influencing retail performance, with potential improvements in discretionary spending if oil prices drop.