The outlook for 2025 is challenging for any business involved in the retail fulfilment process – from online retailers to logistics providers. The changes to National Insurance and the National Living Wage made in the November 2024 budget has had serious financial ramifications for companies already operating on wafer-thin margins. Furthermore, consumer demand has also stalled, with the UK braced for weak consumer spending throughout the next 12 months as public confidence falls.
So how will the industry react? Where can retailers look to improve fortunes throughout 2025? Is it possible to cut costs without compromising the high level of experience customers now demand? Andrew Tavener, Head of Marketing, Descartes explores.