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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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The Pandemic?s Impact On Shopping Habits And Gaming

PYMNTS

They are still shopping from their residences and are purchasing more online than they were prior to the start of the reopening. And in gaming, Las Vegas casinos shut their doors in mid-March due to the pandemic, which sent Nevada’s unemployment rate to almost twice the U.S. economy continue to reopen. All this, Today in Data.

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Taking A Sharing Economy Approach To Hotel Booking

PYMNTS

It started as a simple online form: Users would fill out their destinations, the number of travelers in their group, their dates of travel and a bit of information on what they are like. The company’s target market includes Gen Z and millennials.

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Is eBay The Anti-Amazon?

PYMNTS

19) that the one-time giant of online auctions has, in past years, been fighting an uphill battle to make inroads against Amazon, but the strategy will hinge going forward on becoming, well, the “anti-Amazon.”. “The Next came an online hurdle, as Google’s algorithms changed and eBay’s standing in search rankings slipped.

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Retail Pulse: DSW Expands In-Store Experiences; L Brands Plans Store Closures

PYMNTS

DSW is no stranger to experiential retail, having opened an experimental store on the Las Vegas strip last year with offerings beyond racks of designer shoes. And NPD Group data found that millennials spent one-third of bra dollars last year on sports bras. L Brands posted net income in the fourth quarter of $1.94

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Retail Bedfellows Roundup: Staples Shares Space, Affirm Finances Life Experiences

PYMNTS

Sure, one could sit back in an armchair and chalk it all up to irascible millennials, but Staples is taking the proactive approach and making sure it can provide the right office supplies, however — and wherever — its consumers want them. “People are everywhere,” Jacobson said. “People are living in all different places.

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Streamline the User Experience with Mobile Carrier Data

ZootBlog

The entire world has gone mobile—from millennials to grandparents. Forrester research reveals abandonment rates for online banking applications are at a whopping 97.5%. Executives from both Zoot and Danal (booth #643) will be attending Money 2020, October 23-26 in Las Vegas. At the same time, you can’t introduce risk.”.