Breaking up: How to capitalise on consumers’ move away from name brands

In the face of a mounting cost-of-living crisis, consumer spending is changing rapidly. According to data from the Australian Bureau of Statistics, spending has largely shifted toward supermarkets, restaurants and cafes, with all other forms of discretionary spending falling year-on-year in June.  Australian Retailers Association CEO Paul Zahra noted that the increase in food spending was being driven by “unavoidable price increases”, and noted that, in reality, all retailers are now fa