Remove 2009 Remove Capital Remove Millennials Remove Retail
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‘Costco For Millennials’ Attracts Big Investors

PYMNTS

A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed offers bulk-sized products similar to those found at big warehouse retailers like Costco Wholesale.

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Afterpay Adopts Google Pay, Apple Pay

PYMNTS

It is expected to be available in retail stores this month. “As we enter the second half of the year and retail re-emerges across the world, it’s critical we help our partners drive business growth, both online and offline,” said Nick Molnar , Afterpay Co-Founder and U.S. . CEO, in a statement.

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Afterpay Reaps Benefits Of BNPL With Best Q4

PYMNTS

Given the ongoing impacts from COVID-19 and the uncertain global economic conditions, we have continued to focus on preserving capital and maintaining a strong balance sheet.”. In February, Molnar told PYMNTS why Afterpay went public nine months after its first-ever capital raise. “We Total sales were $11.1

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Private Labels Have Their Roots In Coffee And Hats

PYMNTS

The name stuck — and served the retailer well. But early American retailers weren’t always motivated by price when creating their own private label brands. In 2009, the private label brand entered the world of the mega eCommerce retailer when Amazon decided to create its own brand of electronics accessories called AmazonBasics. “We

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Frugal Consumers Buying More Off-Brand, Off-Price Products

PYMNTS

This newfound cost consciousness is reshaping the retail industry in everything from spurring the rise of fast fashion at the expense of mall “anchor stores,” to the increasing popularity of off-brands or store brands in the supermarket, to the shift in the apparel business, to off-price retail outlets over full-priced department stores.

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Millennials Are Driving One Of The Biggest Trends In Wealth Tech

CB Insights

Millennials stand to inherit approximately $30T from their parents, the baby boomers, in the coming decades, and both upstarts and advisors are vying for a piece of the pie. Startups are especially well-positioned to establish credibility with young investors because many do not trust banks after the 2008-2009 financial crisis.

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How Home Depot’s Hedging Against A Downturn With Digital

PYMNTS

While much of physical retail struggled in 2017 from rapidly realigning consumer shopping habits, the team at Home Depot had an incredibly solid year, with same-store sales growing each quarter and a stock price that surged 42 percent. Despite retail’s slump, the stock market did well in 2017.

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