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‘Costco For Millennials’ Attracts Big Investors

PYMNTS

A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed offers bulk-sized products similar to those found at big warehouse retailers like Costco Wholesale.

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Macy’s Spotlights Women-Owned Businesses With SoGifted

PYMNTS

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. The SoGifted shops feature products and gifts from women-founded enterprises in the SoGal community. Lauderdale.

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Simon Says Mixed Use Is The New Wave Of Retail

PYMNTS

It was a key theme at the International Council of Shopping Centers’ annual RECon convention in Las Vegas this past week, reported CNBC. Catering to the demands of millennials and Gen Z, brands are putting more emphasis on values such as authenticity, community and supporting social causes.

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Blockchain wins the race – final thoughts from Money2020

NCR

Making a process mobile first is therefore essential not just to meeting the needs of millennials and younger age groups but also to those of the baby boomers. So the person with Bitcoin actually won the race – but that was mainly because of the community of enthusiasts who supported the process.