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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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Returns Come Back To Haunt eCommerce Amid Pandemic

PYMNTS

With the retail industry sliding into Mother’s Day in just a week, the return issue is bound to raise its head. Some stats around the issue show just how substantial it is for retailers. And if a retailer charges too much (or charges at all) 57 percent of millennials will bail on future business. Now add a pandemic.

Policies 185
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Retail Pulse: DSW Expands In-Store Experiences; L Brands Plans Store Closures

PYMNTS

Brick-and-mortar fashion retailers are developing in-store experiences to encourage customer loyalty. markets, aiming to generate repeat visits as part of its experiential retail efforts. With the expanded partnership, the companies will bring the offering to brick-and-mortar stores in Washington, D.C.;

Branding 129
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Signatures Sizzle (Because They Fizzle) And Retail Defaults Alarm

PYMNTS

It was a record-breaking first quarter for retailers in the U.S. According to a report issued by Moody’s earlier this week, the retail sector managed to notch a record number of defaults during Q1 2013, with nine retailers defaulting on their debt. As a result of the series of retail fails, the default rate of high-risk U.S.

Retail 116
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Retail Pulse: IKEA To Open ‘Planning Studio’ In NYC; Pizza Hut Will Acquire QuikOrder

PYMNTS

Big retailers are opening smaller-format stores in major U.S. Already, the retailer has opened a Planning Studio across the pond in London in October. In the announcement, IKEA Retail U.S. Pizza Hut plans to acquire online ordering software provider QuikOrder. In Other Brick-And-Mortar News. restaurants.

Retail 122
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One Year Later: Five Ways COVID Has Changed The Digital Consumer

PYMNTS

Apart from being Inauguration Day in Washington, D.C., Bridge millennials expressed the highest levels of concern, with 44.1 percent of millennials and 37.4 That compares to around a third of millennials and bridge millennials (those born between 1979 and 1988) expressing the same level of interest in getting vaccinated.

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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. To mitigate concerns about ordering a mattress online without trying it first, Casper even offers a 100-day return policy.