Remove Dallas Remove Marketing Remove Millennials Remove Retail
article thumbnail

‘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.

article thumbnail

Enticing Millennials With Experiences Using ?Neighborhood Goods?

PYMNTS

The old model of opening a retail store with merchandise as a main focus of the space may not appeal to today’s consumers – millennials in particular. Cities such as Plano hold promise for retail, for example, as they are fast-growing locations with many employers. This generation values experiences, not just tangible goods.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mobile Ordering, The New Window To Winning Over Millennial Consumers

PYMNTS

It seems that most every industry these days is vying for millennial dollars and devotion. For an industry where millennials are projected to spend nearly $800 billion in 2017 (that’s 7 percent more on monthly food budgets than average Americans), restaurants are hankering to pull out all the stops to get millennials to order — in or out.

article thumbnail

Retail Pulse: Walmart To Boost Supply Chain In China; JD Sports Rides Athleisure Popularity

PYMNTS

Retailers are bolstering their supply chains in China as they seek to enhance their service and offer customers fresh products. The post also pointed out that the retailer invested over RMB 700 million – which is approximately $100 million – to create the South China Fresh Food Distribution Center. and other markets.

Retail 101
article thumbnail

Circuit City Still Eyeing Comeback, But Wants To Take Its Time To Get Things Right

PYMNTS

There was plenty of excitement in the retail sector after TWICE broke the news in January that an outside investor had acquired the iconic Circuit City brand, with plans to revive the business and open anywhere from 5,000 to 10,000 new locations over the next five years. And then, nothing.

article thumbnail

Greyhound Drives Omnichannel Security With AI, Advanced Learning Tools

PYMNTS

Fraud could cost the market more than $25 billion this year, and approximately 20 percent of attempted travel-related transactions are confirmed to be fraudulent. Dallas-based busing line Greyhound is all too familiar with such problems, prompting it to implement advanced learning technologies to secure ticketing.

Security 141
article thumbnail

COVID-19 Is Changing The Grocery Business

PYMNTS

Perhaps no retail category has been under as much pressure during the past six weeks than grocery. Millennials accounted for 32.9 That group only makes up 8 percent of the total grocery shopping market but took 14.8 percent of the total market but only 29.2 The data shows that 73.5 percent of the digital shift.

Dallas 196