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Whole Foods 365 Expands To Los Angeles

PYMNTS

Whole Foods has expanded its 365 concept to Los Angeles with a new opening in the Silver Lake neighborhood. The store focuses on serving millennial customers who value convenience, are mindful of price and tend to keep away from products containing artificial preservatives and colors.

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Float Raised $3M to Offer Credit Cards, ‘Without the Plastic’

Bank Innovation

It’s not news that millennials hate credit cards. Float – a Los Angeles-based startup, launched today – is set to change that. Which is one of the reasons a lot of them end up as “thin file,” with through-the-roof overdraft fees.

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Millennials’ Perfect Combo: Taco Bell And Forever 21

PYMNTS

Forever 21 has teamed up with Taco Bell, and the two millennial favorites are releasing a limited edition fashion collection together — marking Taco Bell’s first foray into fashion collaboration, despite the fact that competitors McDonald’s, KFC and Pizza Hut are already there. Want to wear your love of tacos on your sleeve?

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How Millennials Are Propelling Halloween To New Retail Heights

PYMNTS

That growth appears to be driven by millennials, with responses to a recent Citibank poll indicating survey participants between the ages of 18 and 36 expect to spend 2.5 Increased millennial spending comes despite the fact that the demographic is the one that most needs to save money, CitiBank noted in the article. billion, up 8.3

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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. This generation values experiences, not just tangible goods. Cities such as Plano hold promise for retail, for example, as they are fast-growing locations with many employers.

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Forever 21 Stores Hacked

PYMNTS

The Los Angeles-based company said the probe was focused on transactions made at its stores between March and October of this year, and that since the investigation was ongoing, it could not give complete findings. The company, which operates more than 815 stores in 57 countries, did not say which specific locations were affected.

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Verishop Works With Westfield To Open Stores

PYMNTS

Verishop’s first space, for Ghost Democracy, opened at Los Angeles’ Westfield Century City in October. Verishop is targeting mainly younger, affluent and millennial shoppers. The company continued, “They want to grow their businesses online to reach millennial shoppers, but few platforms align with their values.