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‘Costco For Millennials’ Attracts Big Investors

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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.

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Are Consumers Ready To Buy And Sell Homes Online?

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Way back in the day (which, in 21st century digital economy terms, probably means a decade or so), smart and important people used to express well-informed skepticism about the prospect of selling clothes, cars and even groceries via online or mobile channels. That does not mean they are all millennial consumers. Home Marketplaces.

Online 177
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Greyhound Drives Omnichannel Security With AI, Advanced Learning Tools

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Dallas-based busing line Greyhound is all too familiar with such problems, prompting it to implement advanced learning technologies to secure ticketing. Greyhound’s digital push comes as more consumers — many of them millennials — are demanding added affordability, convenience and safety from travel companies.

Security 141
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2018 Recap: The Year That Retailers Evolved With Their Mobile Apps

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In the fall, Walmart ’s Sam’s Club launched a new brick-and-mortar location in Dallas with cutting-edge retail technology. As it stands, 73 percent of Bridge Millennials use mobile apps to pay for gas. And, with the help of computer vision and sensors, shoppers don’t have to check out at a traditional counter. Apps At The Pump.

Retail 136
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Why Digital Lenders Are Tightening Their Lending Criteria

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In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital. According to KBRA, the number of asset-backed securities issues by online lenders, that saw performance triggers activated by missed payments, declined last year.

Lending 116
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How The Gap Hopes To Capture Consumers With A More Open Take On Loyalty

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Shoppers who use their Gap card get a discount (10 percent off in-store and online), accrue points and enjoy perks like free shipping, exclusive offers and events. Millennials are more likely to use credit cards in order to build up their credit rating, and not for day-to-day living,” he told Retail Dive earlier this year.

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Retail Pulse: Walmart To Boost Supply Chain In China; JD Sports Rides Athleisure Popularity

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The company weathered retail gloom with its strong international footprint and online presence. Even so, shares in the retailer have skyrocketed 77 percent this year as the firm rides the millennial preference for athleisure items. The feature is on offer in Phoenix, Dallas, Austin and San Diego. and other markets.

Retail 101