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BJ’s On The Block, Amex’s Millennial Problem And Another Big Breach

PYMNTS

On the slightly more serious side of the payments news this week, BJ’s Wholesale Club looks like it’s going up for sale — and the rumor of the week is that Amazon is thinking about buying it. The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. these days.

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Airbnb Competitor Domio Lands $100M; Aims To Double Market Share

PYMNTS

The company’s Series B round was led by GGV Capital. Eldridge Industries, Tribeca Venture Partners, 3L Capital, Softbank NY, Upper90 and Tenaya Capital also participated. Upper90 led the company’s debt round, which will be used for setting up and leasing new properties. The funding round closed in late summer.

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L’Oréal, Instagram Lead Late-Year Social Commerce Push

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It’s also a play to capture TikTok’s Gen Z and millennial audience. This multifunctional platform includes curation tools, allowing social sellers to build inspirational, personal web pages connected to the brand’s website, and a marketing platform where sellers can create optimized, brand-safe social posts that lead to transactions.

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Macy’s Spotlights Women-Owned Businesses With SoGifted

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Macy’s is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses, Macy’s said in a press release on Thursday (Dec. SoGal was co-founded by Pocket Sun and Elizabeth Galbut in 2016 and is headquartered in New York City. Lauderdale.

Las Vegas 136
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The New Kitchen Merges With The Old

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Corelle Brands has been around for a while — like 100 years. By today’s standards, it looks anything like an innovative brand. Corning didn’t invent heat-resistant glass when it rolled out its branded version of Pyrex. Mostly recently, New York U.S.

Branding 108
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HowGood Rates Product Sustainability, Sees $4.2M Series A

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A number of major retail studies have shown that millennial consumers value the sustainability of brands and products when making purchases. In short, HowGood literally answers the question, “How good is blank [insert product, brand, or store location here]?” for consumers who want to know more before buying.

New York 100
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Recreating The Hotel As A Social Hive 

PYMNTS

small hotel rooms are the rule, not the exception, and even here in the states the idea has been floating around since 1989 when the Microtel brand began first offering its half-sized, half-priced hotel rooms in Rochester, New York. I really think the genesis of that is coming from millennials.