millennials

Snob Essentials co-founder Kelly Cook believes Millennials are to blame for slumping luxury retail sales. Millennials have demonstrated that they prefer to spend disposable income on experiences rather than material items. This behavior should have a more negative affect on the high-end...

A new report by Morgan Stanley analyst Joshua Lu took an in-depth look at how the maturation of more than 415 Chinese Millennial consumers will drastically change global consumer market dynamics for years to come. The size of the demographic is staggering, representing 31 percent of the total...

Every time a shopper chooses to buy a product, he or she makes a choice among countless retailers. Why do consumers choose one retailer over the others? That is the billion-dollar question for retailers, often solidifying the difference between the Fortune 500 list and bankruptcy. Bizrate...

According to a new report out this week by Zillow, modern first-time homebuyers are waiting longer than they ever have. While the data indicates that Millennials are not rushing into buying their first house, many of them are also not waiting to get married before making the big purchase. Renting...

There are plenty of difficult financial waters to navigate in young adulthood, but unfortunately, a growing number of Americans are shouldering a massive debt burden that is quite literally changing the way they live their lives. The latest data shows that debt is a top concern for members of the...

Family members do not have to be legal dependents to be financial burdens. Likewise, major life changes seem to occur cyclically within family units. Children age and hit new stages of independence; parents age and hit new stages of dependence. Facing the generational changes of growing up and...

Young adults face unique financial hurdles not seen by generations before them. While the story sounds similar to that of Depression-Era youth, the world has changed by an unrecognizable degree within the last century. Coming of age during the Financial Crisis and its aftermath, Millennials are...

Tripadvisor Inc (NASDAQ: TRIP) is out with a new survey that may make fans of "National Lampoon's Vacation" cringe. According to the survey, 77 percent of employed U.S. respondents said that they had worked on a vacation within the past year. Clearly, they're not just going...

With some reports indicating fast casual growth is slowing down, investors are left to wonder whether the once hot sector has suddenly become lukewarm. Southern Concepts Restaurant Group (OTC: RIBS) CEO, Mitch Roth told Benzinga why he thinks fast casual in general and his company’s...

In a new report, analysts at Morgan Stanley took an in-depth look at luxury brands following the Walpole Far Eastern Growth seminar. Analysts currently see a challenging global environment for brands, marked by increasing competition and changing digital demands. Mixed Bag In China While the...

Today's young adults face financial challenges unfamiliar to previous generations. With the economy on a rollercoaster ride not seen in decades and employment opportunities disheartening, millennials walk a wire-thin tightrope financially. Below are just four areas that frequently trip up...

For many investors, the most coveted super power – assuming super powers were possible -- would likely be the ability to foretell the future accurately. Personal finance social network, WalletHub, with help from a panel of experts, offered the next best thing with 11 economic predictions...