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The Millennial-Driven Evolution Of Jet.com

PYMNTS

To get more millennials on board, the Bentonville, Arkansas-based retailer is rolling out offerings designed to attract younger, well-to-do consumes in urban areas. That service option ups the ante for speed and flexibility through Jet.com, as the retailer previously had a relatively early 9 a.m. cutoff for same-day deliveries.

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Verishop Works With Westfield To Open Stores

PYMNTS

To open 14 locations through next year, brand incubator and shopping website Verishop made a deal with U.S. Aside from being an online marketplace where consumers can buy from trendy apparel brands such as LoveShackFancy and Vince, the company has chosen to roll out some of its own brands. mall owner Unibail-Rodamco-Westfield.

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American Apparel And Postmates Pair Up

PYMNTS

While the eCommerce giant has managed to narrow this window to one or two days, an unlikely brand is saying that it should take no longer than an hour. ” While Luedorf and American Apparel might be hitting the express delivery point hard, it only applies to a subset of 50 products the retailer is dubbing as “basics.”

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Millennials Are Prized Territory In Grocery Wars

PYMNTS

Walmart may be America’s biggest retailer and jockeying for a position as one of its biggest grocers, too — but millennials aren’t buying it. The big box retailer has ramped up its efforts to reach this generation — to little avail, so far. Walmart’s new strategy suggests it may be a question of branding.

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Fixing Fast Fashion’s Uncertain Fortunes 

PYMNTS

The chain was held as one of the pioneers of the so-called fast fashion movement that dominated retail, particularly retail targeted at young female customers, for approximately a decade and a half. In the U.S. many of those hundreds of locations are located in malls, and suffering from the ill effects of falling consumer foot traffic.

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The 2019 GonzoBanker Awards

Gonzobanker

So many miles to go, retail bankers! In a mature credit cycle with a tough yield cure, Chase is still growing retail revenue a 7+% and mobile banking users by 12+%. The workplace a millennial will most confuse with Silicon Valley – Live Oak Bank in North Carolina. The Tech Award – Goes to Capital One. Might be time to.

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