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Examining The Generational Differences Between Retail Consumers

PYMNTS

Retailers trying to bridge the growing gap between the shopping trends of Baby Boomers, Generation Z and every demographic in between may think they have the different generations figured out, but in some cases, operating on assumptions can lead to missed sales. Millennials. Baby Boomers. was home to 81.3 was home to 81.3

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Millionaires, Millennials And The Great Avocado Debate

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Are millennials eating too many avocados on toast for their own good? The crux of the debate is this: are first- time home sales down because, given the choice of a two car garage and a yard in the suburbs, millennials have, en masse, decided they’d rather enjoy a more richly-delicious brunch experience, week in and week out?

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The Great Subscription Race: How Walmart+ Stacks Up Against Amazon Prime

PYMNTS

Ever since mid-September when Walmart launched Walmart+, its new subscription service — often referred to as “Walmart’s answer to Amazon Prime” — the question has been how the product actually stacks up against Prime. That leaves only 2 percent of Americans who have Walmart+ but not Amazon Prime. There are currently 47 million such U.S.

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Who Wants To Make A Retail Billionaire?*

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References, huh? How many retail moguls made Forbes ’ The World’s Billionaires List this year? Of the 1,810 billionaires named to the list, 345 of them earned their fortunes (or at least part of them) in retail. Along with fast fashion, luxury retail executives also claimed their fair share of spots on the list.

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Afterpay On Surviving And Thriving After Its Early IPO

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“We went public when we had about 100 retailers signed on and 30,000 customers, so really early in the process. It helped tremendously, Molnar told Webster, that he came from a retail background and actually didn’t know all that much about the IPO process, although his co-founder, Anthony Eisen, did.

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Hospitality Venues Can Attract Millennials Through App-Based Perks

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Dai is currently keeping the experience small — and looking for aspiring millennials who may just be starting their careers. However, current Hooch Black members can help refer potential members to the platform. These customers can also start building loyalty to hospitality brands.

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Unattended Retail Can Boost Visits To Stores

PYMNTS

Wendy’s , for example, planned to roll out self-ordering kiosks at about 1,000 of its retail locations by the end of 2017 in an attempt to both lure younger customers and to battle long lines at peak dining hours. Consumers want their orders faster than ever before. The move could also bolster the company’s bottom line.

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