PYMNTS
JANUARY 19, 2018
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.
PYMNTS
JUNE 5, 2020
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. 62%: Share of millennials who are highly concerned about COVID-19. consumers who are now buying retail goods online as of May 23. All this, Today in Data.
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PYMNTS
DECEMBER 9, 2019
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 retailer is opening SoGifted shops in its flagship Manhattan store and six other locations. Lauderdale. 14 at 6:30 p.m.
PYMNTS
MAY 24, 2018
It was a key theme at the International Council of Shopping Centers’ annual RECon convention in Las Vegas this past week, reported CNBC. Some landlords announced new deals for residential uses, while retailers and real estate owners in general seemed to be collaborating more closely to keep shopping centers alive.
PYMNTS
MARCH 1, 2019
Brick-and-mortar fashion retailers are developing in-store experiences to encourage customer loyalty. markets, aiming to generate repeat visits as part of its experiential retail efforts. The retailer, which has 1,143 stores globally, closes an average of around 15 stores annually.
PYMNTS
MARCH 29, 2017
On top of this, around 75 million millennials entered adulthood during the 2008 recession. Because of these two options, millennials are putting off buying homes and living with their parents post-collegiate days. For example, we reported that tuition at NYU today costs students $66,000 per year, whereas it cost baby boomers $1,800.
PYMNTS
SEPTEMBER 4, 2019
Millennials, the conventional wisdom goes, are far more into experiences than they are into buying things. But, he noted, in the case of millennials some of that fear is not just the same old alarm. This long-term worry is far more significant and can be summarized in one sentence: Millennials don’t want to buy stuff,” Becker said.
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