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Black Friday Heads Toward Shades Of Gray

PYMNTS

COVID-19 shows no signs of abating – in fact, fears of a second wave have already hit New York City, among other metro areas. And then there are the millennials. Millennials spent an average of $509 on Black Friday in 2019, with bridge millennials coming in at $479. consumers representing some $112.5

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Banks Bring Coffee Shops To New Branches

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With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. By the same token, Capital One has brought three Capital One Cafes in Chicago.

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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.

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Toys“R”Us CEO Sees A Better Future With Smaller Stores

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The brick-and-mortar experience of Toys“R”Us most millennials remember from childhood — with its massive supply and aisles upon aisles of toys — is looking likely to become a relic of a bygone era in retail. We haven’t had the capital to do it.”. We want] toys out of the box and into the hands of kids,” Brandon said. “We

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Fast Fashion Isn’t Dead Yet — And Could Find Retail Rebirth

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30) from the Columbia Spectator , which covers news important to students at Columbia University and Barnard College in the global fashion capital of New York City. Even so, “Forever 21 bankruptcy signals a change in consumer tastes,” The New York Times declared.

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What’s Your Commerce Horoscope?

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The Saturn Sisters , incidentally, are not actually related: They are best friends and astrologers (astrology bloggers) who met at a New York City brunch and found their mutual “core value to make the world a better place through astrology.”. million in venture capital, assisted by Lorne Michaels’ incubator.

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Amazon’s New Toy Story

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Though millennial parents were hit with nostalgia, when it comes to the world of toy sales going forward, market watchers of all kinds have been asking themselves the same question for weeks: Now what? The pop-up shops will open alongside the Halloween City chops this September and run through the holiday season.

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