Remove 2009 Remove Millennials Remove Online
article thumbnail

‘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. The four-year-old online startup has also reportedly advanced negotiations with supermarket retailer Kroger, which is struggling to compete with Amazon now that it owns Whole Foods Market.

article thumbnail

Keeping Online Counterfeits Off Luxury Marketplaces

PYMNTS

Sales of counterfeit goods, particularly on third-party sites that facilitate transactions between individual buyers and sellers, have skyrocketed with the advent of online shopping. Online Luxury and the Importance of Authentication. Millennials and Gen Z are driving the growth of the secondhand market and eCommerce, generally.

Online 118
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Afterpay Adopts Google Pay, Apple Pay

PYMNTS

Similar to Afterpay online, shoppers can pay for their in-store purchases in four installment payments. “As we enter the second half of the year and retail re-emerges across the world, it’s critical we help our partners drive business growth, both online and offline,” said Nick Molnar , Afterpay Co-Founder and U.S.

Google 151
article thumbnail

Farfetch IPO Shows Luxury Retailers Ready To Ware Online

PYMNTS

The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. Within that, how much is online? Why should luxury fashion be any different? Perhaps no surprise: the young’ns.

Online 101
article thumbnail

From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

article thumbnail

Private Labels Have Their Roots In Coffee And Hats

PYMNTS

In 2009, the private label brand entered the world of the mega eCommerce retailer when Amazon decided to create its own brand of electronics accessories called AmazonBasics. “We Since 2009, AmazonBasics has sold well — very well. As JCPenney grew, so did its private brands. The strategy would prove to be timeless.

Branding 119
article thumbnail

Good News from Gen Next

Independent Banker

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.