Friday, March 24, 2023

Millennials plan to spend more online this year, new survey finds

Millennials plan to spend more online this year, new survey finds

Millennials have big plans for the year ahead, at least when it comes to their online shopping habits.

Over 27% of millennials plan to spend "significantly more" online and less in-store this year, according to a survey from ESW, a global direct-to-consumer leader that helps retailers expand DTC channels.

Publisher: CNBC
Date: 2023-03-24T15:59:13 0000
Author: https www facebook com CNBC
Twitter: @CNBC
Reference: (Read more) Visit Source



Another Shakeout Is Coming for Shopping Malls - The Washington Post

CBL malls aren't alone. The American Dream mall, owned by Canadian mall developer Triple Five Group, was sued by bondholders after it refused to make more than $8 million in interest payments. Malls are a deeply local business which means even strong national operators have weak assets.

The mall business can't survive without access to debt. But mall owners will need to carefully balance servicing debt with investing in their properties to keep sales afloat.

Publisher: Washington Post
Date: 2023-03-24T11:20:56.000Z
Twitter: @WashingtonPost
Reference: (Read more) Visit Source



Klarna brings smoooth shopping to ChatGPT

Not sure what to buy your unicorn-loving niece for her birthday? Just ask Klarna through ChatGPT and be presented with a selection of the very best unicorn-themed present ideas. Not quite right? Send your feedback straight to ChatGPT and watch the new recommendations roll in. 

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Date: 9D28F7743C790DD88F2D9C7375EF7ED5
Author: Klarna Bank AB
Twitter: @PRNewswire
Reference: (Read more) Visit Source



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