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Editor’s note: Retail Daily will not publish on Monday, January 20, due to the Martin Luther King Jr. Day holiday in the US. |
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JANUARY 17, 2025 |
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Which generation is most likely to prepare ready-made meals at least once a week? |
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A) Gen Z B) Millennials C) Gen X D) Baby boomers |
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TOP STORY |
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A lot happens in a week, so every Friday we're going to analyze all the new data and provide you with some of the key takeaways. Welcome to the Friday 5. |
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Rue21’s customer overlap with TikTok Shop could position the brand to benefit from a potential TikTok ban. Meanwhile, Gen Z consumers are increasingly choosing alcohol-free lifestyles, reflecting health-conscious preferences. Cost-consciousness drives brand switching, but convenience remains key in purchase decisions. |
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Here are five stats that caught our eye this week. |
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IN THE NEWS |
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Mediocre technology and outdated store infrastructure doomed Walgreens’ partnership with smart screen provider Cooler Screens, according to a Bloomberg report. That forced the former to halt its in-store retail media push, leading to a costly legal battle between the two companies. |
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Our view: The acrimonious end to the partnership between Walgreens and Cooler Screens illustrates the challenges retailers face when attempting to integrate retail media into their in-store operations—particularly the importance of ensuring such initiatives don’t disrupt the customer experience. |
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ANALYSIS |
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Physical stores matter most for driving awareness. Stores remain the top channel for new beauty product discovery by far, per our 2024 US Consumer Path to Purchase survey. But online, social media platforms outrank multibrand retailers’ digital channels in driving product discovery, with the most pronounced impact among Gen Z shoppers. |
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