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Alphabet’s New CEO, Millennial Black Friday Spending And Digital Drivers’ Licenses Top This Week’s News

PYMNTS

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. operations. Millennials Were Black Friday’s Big Spenders in 2019. Millennials were the big Black Friday spenders , shelling out an average of $509.50

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Five Factors Driving Consumer Grocery Preferences

PYMNTS

Retailers are rolling out new ways for consumers to purchase their groceries that allow them to trade the checkout line for a few taps on a smartphone. percent — of shoppers visit a grocery retailer because they can well-coordinate online and in-store shopping. Just under 17 percent — or 16.7 Just under 5 percent — or 4.9

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Deep Dive: Why Smart Cities Should Get Smart About Digital ID

PYMNTS

Smart trash receptacles are already being used to alert sanitation crews where trash collection services are needed, allowing them to adjust their routes and operate in a cost-effective manner. As the millennial population grows, the implementation of smart city technology will accelerate. Idaho, Colorado, Maryland and Washington, D.C.,

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Taking Your Coffee With Sugar, Milk And Blockchain?

PYMNTS

The company operates on a “one-for-one” business model, which means that it donates one pair of shoes or glasses to communities in third-world countries for every pair sold to a first-world consumer. For many socially conscious consumers, it’s not enough that a company has a great product — it should also have the right mission powering it.

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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.

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How The Rise Of Private Labels Is Transforming The CPG Industry

CB Insights

Store brands from retailers were seen as down-budget choices. Target’s Cat & Jack kids’ line has delivered double-digit results since its 2016 launch, even as traditional retailers struggle to stay afloat. Clothing: how retailers are attempting to escape the industry apocalypse by introducing store brands.

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Piece By Piece: 14 Offsite Construction Companies Transforming The Building Industry

CB Insights

From Marriott opening its first modular hotel, to tech giants like Alphabet investing in modular housing, to Japanese retailer Muji launching prefab micro-homes, offsite construction methods are gaining traction. Startups working in construction tech have the potential to upend approaches to design, procurement, and operations.

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