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Frugal Consumers Buying More Off-Brand, Off-Price Products

PYMNTS

This newfound cost consciousness is reshaping the retail industry in everything from spurring the rise of fast fashion at the expense of mall “anchor stores,” to the increasing popularity of off-brands or store brands in the supermarket, to the shift in the apparel business, to off-price retail outlets over full-priced department stores.

Branding 100
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Warby Of X: MiaDonna Delivers Lab-Grown Diamonds

PYMNTS

Observing that there wasn’t an eco-conscious, conflict-free and affordable diamond option on the market spurred the creation of MiaDonna. More and more consumers, especially millennials, are opting for lab-grown diamonds over earth-mined. AP: When we opened the doors to our Portland, Ore., AP: Yes, I do.

Portland 101
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How Urban Outfitters Was A Q1 Sleeper Success Story

PYMNTS

While other retailers of its description and demographic appeal base were reporting losses across the board and closing stores, Urban Outfitters (and its affiliated Anthropologie and Free People’s brands) was reporting gains and plans to open new locations. The Quiet eCommerce Mover.