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.
In-store, consumers want experiences that engage their senses, while online, they’re interested in generative AI (genAI) tools that can help them research products. Plus, young men in the South lead in fast-food consumption, retail leaders lean on loyalty to boost growth, and holiday spending remained in check (for the most part).
Here are five key stats to watch this week.
Key stat: 85% of global shoppers say the great thing about physical stores is that stores can engage all their senses, according to VML’s The Future 100 report.
Key stat: 18% of US adults spent more on gifts than they intended to during the 2024 holiday season, per Ipsos’ Consumer Tracker data.
Key stat: 58% of global consumers have replaced traditional search engines with genAI tools like ChatGPT as their go-to tools for product or service recommendations, according to a recent report from Capgemini.
Key stat: 30% of consumers in the South regularly eat fast food, compared with 17% in the Midwest, according to data from YouGov.
Key stat: 46% of retail executives will strengthen their loyalty programs as a growth tactic in 2025, per Deloitte’s 2025 Retail Industry Outlook report.
This was originally featured in the Retail Daily newsletter. For more retail insights, statistics, and trends, subscribe here.