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Millionaires, Millennials And The Great Avocado Debate

PYMNTS

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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WeWork Rolls Out Retail Form

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WeWork – the ever expanding office-sharing mega-firm- is officially kicking off its launch into retail. The firm has already opened co-living communities in New York and Washington DC. And, according to Chain Store Age reports – it comes with an audience pre-built in. It’s name? WeLive, of course.

Retail 104
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Retail Pulse: DSW Expands In-Store Experiences; L Brands Plans Store Closures

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Brick-and-mortar fashion retailers are developing in-store experiences to encourage customer loyalty. markets, aiming to generate repeat visits as part of its experiential retail efforts. With the expanded partnership, the companies will bring the offering to brick-and-mortar stores in Washington, D.C.;

Branding 129
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Signatures Sizzle (Because They Fizzle) And Retail Defaults Alarm

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It was a record-breaking first quarter for retailers in the U.S. According to a report issued by Moody’s earlier this week, the retail sector managed to notch a record number of defaults during Q1 2013, with nine retailers defaulting on their debt. As a result of the series of retail fails, the default rate of high-risk U.S.

Retail 116
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Returns Come Back To Haunt eCommerce Amid Pandemic

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With the retail industry sliding into Mother’s Day in just a week, the return issue is bound to raise its head. Some stats around the issue show just how substantial it is for retailers. And if a retailer charges too much (or charges at all) 57 percent of millennials will bail on future business. Now add a pandemic.

Policies 185
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Retail Pulse: IKEA To Open ‘Planning Studio’ In NYC; Pizza Hut Will Acquire QuikOrder

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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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Nestlé Expands Into Coffee Market, Acquires Blue Bottle

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Meanwhile, Blue Bottle, founded in the early 2000s, is currently expanding in California, New York, Washington, Miami and Tokyo, bringing its total retail presence to more than 50 locations by the end of the year. Despite Nestlé’s majority stake, Blue Bottle will retain autonomy within the enterprise.

Marketing 139