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Boomers Vs. Millennials: Holiday Shopping … In September?

PYMNTS

It’s still technically summer for a few more days, but we already know how shoppers — Baby Boomers and millennials — are going to shop this holiday season. Retail sales in November and December are forecast to grow by just 1.3 Retail sales in November and December are forecast to grow by just 1.3 So, what are millennials buying?

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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 company’s first brick-and-mortar location will be in New York City, The Washington Post reported. The store will also host community events focused on sleep and wellness.

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Outside The Box (And Inside The Storage Container) Solutions To Sky-High Rent

PYMNTS

Older adults tend to own, while younger adults skew much more heavily toward renting – particularly millennials, for whom homeownership is lower than other generations at the same point in their lives. Co-living opens you up to an instant community and connections. The rent, to paraphrase a great American politician, is too damn high.

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Digital Disruption

Independent Banker

Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. This is why ICBA and community banks must continue to push consistent regulation of bank and nonbank financial service providers. Siphoning customers.

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WeWork Rolls Out Retail Form

PYMNTS

WeWork – the ever expanding office-sharing mega-firm- is officially kicking off its launch into retail. The firm has already opened co-living communities in New York and Washington DC. And, according to Chain Store Age reports – it comes with an audience pre-built in. It’s name? WeLive, of course.

Retail 104
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12 Industries That Will Thrive Thanks To Millennials

CB Insights

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.

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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.