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Retail Pulse: IKEA To Open ‘Planning Studio’ In NYC; Pizza Hut Will Acquire QuikOrder

PYMNTS

Big retailers are opening smaller-format stores in major U.S. Already, the retailer has opened a Planning Studio across the pond in London in October. In the announcement, IKEA Retail U.S. cities, and IKEA is no exception: It is intending to bring a “Planning Studio” to Manhattan this coming spring.

Retail 122
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What Serving The Internet’s ‘Underserved’ Means For Payments

PYMNTS

And some of those areas and cities — Chattanooga, Tennessee stands as a good example — are striving to become more attractive to millennials and others, with better internet a big part of such efforts. communities. In its FCC application, Amazon said its satellites would operate at altitudes of roughly 370 to 390 miles.

Payments 131
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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

Not only do gift cards stand as the most popular holiday present, according to the National Retail Federation and other sources, but a Blackhawk Network survey found that “44 percent of consumers surveyed are interested in receiving a gift card to play the lottery, while 43 percent would be interested in giving a lottery gift card.”.

Ohio 103
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Sales Were Up, Foot Traffic Was Too — But Lowe’s Disappointed Investors

PYMNTS

housing market and the increasing transition of the millennial generation into home ownership mode. Lowe’s also plans to grow its supply chain by opening its first direct-to-consumer fulfillment center in Nashville, Tennessee. percent.

Nashville 100
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Belle Cares’ Unusual Approach To Beauty On Demand

PYMNTS

Instead of the waves of millennials they had expected to see signing up for their service, what they found instead was that their customers were overwhelmingly older adults or the children of older adults booking services for their parents. These days, the only way to access Belle Cares would be as a Nashville or Tennessee resident.

Nashville 123
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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” Bankrate found 83% of millennials don’t think they’ll ever retire: they simply “don’t think they’ll have the money” to do so.). In aggregate, they command $1.3 trillion in annual spending.

Tools 78
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Why Nordstrom Brought Pop-Ups To SXSW

PYMNTS

Luxury Daily reports that the high-end retailer debuted its millennial-targeting pop-up — or Pod — at South by Southwest (SXSW) in Austin, Texas, from March 17–19, and plans to continue featuring it at similar events. Nordstrom is popping up at music festivals, in the form of a pod.

Memphis 100