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Casper Opens First Brick-And-Mortar Store

PYMNTS

After experimenting with pop-up shops, mattress retailer Casper has decided to open a permanent store. The store will also host community events focused on sleep and wellness. At the time, the company said the shops were open in cities such as New York, Los Angeles and Chicago through spring 2018. in October.

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What Serving The Internet’s ‘Underserved’ Means For Payments

PYMNTS

communities. communities. That matters because as time goes by and existing cities become prohibitively expensive — think San Francisco, New York City and Los Angeles, with Chicago, Boston and other areas not far behind — many younger, well-educated consumers are making moves to exurban or even rural areas, or smaller cities.

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Ripple Effects: Mobile Payments Are Just The Beginning

PYMNTS

One where grocery stores, restaurants and eCommerce can deliver anything and everything to your home almost instantly by drone, payments are automatic, doctors do house calls, people communicate by FaceTime and most of the labor force works remotely. But it’s not just the retailers trying to cut costs who are embracing technology.

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12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

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Retail’s Inward Expansion

PYMNTS

While that may sound like a line from a self-help book, it’s actually a business strategy that more and more retailers are adopting. A concept that may not seem so novel is actually driving some impressive growth for retail chains across the country and around the globe. Stores within stores. And that growth has continued.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

Instead, new millennial-inspired and tech-infused dining trends have been emerging across the US and internationally. Many of yesterday’s casual dining brands are dying, but not because millennials “don’t eat out.” In the past decade, restaurant and bar purchases have grown at twice the rate of general retail spending.

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Why The Next Big Connected Commerce Play Is Television

PYMNTS

That might not be a crazy assumption: Reports from Nielsen reveal that television viewership by that demographic has declined more than 40 percent since 2010 and is off 11 percent year over year for the older half of millennials aged 25 to 34. million visits, represent the seventh most-trafficked online retailer, ahead of Macy’s.