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Shopper Snapshot: Millennial Dads

PYMNTS

Millennial moms have been written about fairly exhaustively. Millennials, that precious group of consumers aged 18-34, are no longer merely a trendy demographic. But for all the time wondering about mom, very few have wondered what the world of the millennial dad shopper is — mostly because men stereotypically don’t like to shop.

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Adding New Layers To The Retail Experience

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Portland, Seattle, Lexington, KY, New Orleans, Brooklyn — the list goes on, but it is safe to assume that if the city has a reputation for attracting millennials, it probably has a Marine Layer store somewhere nearby. So far, you can find an Airbnb with Marine Layer in New Orleans, Portland and Chicago.

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Frugal Consumers Buying More Off-Brand, Off-Price Products

PYMNTS

This newfound cost consciousness is reshaping the retail industry in everything from spurring the rise of fast fashion at the expense of mall “anchor stores,” to the increasing popularity of off-brands or store brands in the supermarket, to the shift in the apparel business, to off-price retail outlets over full-priced department stores.

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Shifting The Used Car Market Into Overdrive

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If the seller is still interested Shift personnel will pick up the car from one of its hubs (San Diego, Los Angeles, San Francisco, Sacramento and Portland) and pay the seller via ACH transfer. Shift says its biggest demographic groups are millennials and GenXers (or an age range of 25 to 45). All DMV paperwork is handled by Shift.

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How Urban Outfitters Was A Q1 Sleeper Success Story

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It has been a particularly grim retail season for the mall staples that defined landscape of the late ’90s and early 2000s. Karen Webster described this scenario in 2014 as The Coming Physical Retail Death Spiral. “So Same-store sales in retail locations were up on average 1 percent from the same time in 2015.

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Warby Of X: MiaDonna Delivers Lab-Grown Diamonds

PYMNTS

Ten years later, the company continues to disrupt the diamond mining and traditional jewelry retail space with its lab-grown diamonds — offering customers a diamond alternative they can truly feel good about buying. For diamond mining companies and many traditional jewelry retailers, this technology comes as a major threat.

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