Retail Details: Millennials and Radio
by July 4, 2016 12:00 am 101 views
One benefit of the free market is that there is just so much opportunity to buy and sell all kinds of products and services. In this edition of Retail Details, we reveal some surprising information about millennial radio listening habits, how one major retail teams up with top brands and how one greeting card company provides an opportunity to encourage the jobless.
Did you know that radio is not dead? A recent Nielsen survey shows that 92 percent of millennials listen to the radio each week. The most popular format? Country music.
Did you know that Americans spent $950 million on prepared salad kits last year? The reason? People want to eat healthier but frequently feel that they don’t have the time to prepare meals from scratch. Salad kits allow consumers to enjoy fresh salads without the work of washing and chopping produce.
Did you know that Target has teamed up with 150 top designers on special, limited-edition merchandise collections? Target regularly works with luxury brands to bring affordable clothing and housewares to the masses, making it possible for consumers on modest budgets to enjoy designer looks.
Did you know that Americans spent over $117 million on cinnamon over the past year? While the spice is known for making both sweet and savory dishes taste wonderful, many also believe that it has positive health benefits.
Did you know that Oreo cookies weren’t the first mass-marketed sandwich cookie? That honor goes to Hydrox. Oreo has become the best-selling cookie in the United States since its introduction in 2012, but Hydrox — also a crème-filled chocolate sandwich cookie — debuted in 1908.
Did you know that Hallmark sells a line of greeting cards specifically geared toward the recently unemployed? The company launched the line of cards in 2011.
Did you know that some estimates say that over half the adult population has worked in the retail industry at some point? This includes part-time, seasonal and temporary work.