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Houma Sapien
up the bayou
Member since Jul 2013
1688 posts

What will the retail landscape look like once millennials are the primary consumer base?
We've got malls closing nationwide, and recently Sam's Club announcing the closure of 63 stores. Costco is also feeling the pinch and they directly blame it on millennials.

What do you envision the retail landscape to look like in 15 years? What brick and mortar institutions will still be around?


The Easter Bunny
Georgia Tech Fan
Minneapolis
Member since Jan 2005
43827 posts

re: What will the retail landscape look like once millennials are the primary consumer base?
Mostly amazon ruling the world


dsides
Member since Jan 2013
1835 posts

re: What will the retail landscape look like once millennials are the primary consumer base?
A bunch of gyms, churches, nail salons, massage parlors (rub and tugs) and quick service restaurants.


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170
RummelTiger
Member since Aug 2004
77195 posts

re: What will the retail landscape look like once millennials are the primary consumer base?
It’s already taking place. Look at a lot of your newer, higher-end, open air centers. Stores are smaller, sometimes only offer size runs only so you can try items on, then order online. You can still touch, feel, try on...but stores will save money on space, inventory, and staff.


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140
nolanola
Member since Nov 2010
6540 posts

re: What will the retail landscape look like once millennials are the primary consumer base?
quote:

Mostly amazon ruling the world


Amazon will be broken up in a bunch of antitrust pieces by that point.


FearlessFreep
Auburn Fan
Baja Alabama
Member since Nov 2009
7128 posts

re: What will the retail landscape look like once millennials are the primary consumer base?


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300
NyCaLa
LSU Fan
Baton Rouge
Member since Apr 2014
602 posts

re: What will the retail landscape look like once millennials are the primary consumer base?


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311
PortHudsonPlaya
LSU Fan
Houston
Member since Jul 2017
1755 posts
 Online 

re: What will the retail landscape look like once millennials are the primary consumer base?
Walmart will never go away!


Houma Sapien
up the bayou
Member since Jul 2013
1688 posts

re: What will the retail landscape look like once millennials are the primary consumer base?
quote:

Walmart will never go away!


You might be right, but I'm sure they said the same thing about Sear's 30 years ago


Triple Bogey
LSU Fan
19th Green
Member since May 2017
1321 posts

re: What will the retail landscape look like once millennials are the primary consumer base?
I see there's going to be a lot of cheap commercial real estate going forward. Jim Cramer says you should still own big retailers like Macys because of their asset value in real estate alone, but there's going to be so much of it available that it may end up hurting them in the long run.


GreatLakesTiger24
New Orleans Pelicans Fan
Member since May 2012
32661 posts

re: What will the retail landscape look like once millennials are the primary consumer base?
quote:

You might be right, but I'm sure they said the same thing about Sear's 30 years ago
well, they weren't completely wrong


el Gaucho
Southern Fan
bawcomville
Member since Dec 2010
36345 posts
 Online 

re: What will the retail landscape look like once millennials are the primary consumer base?
Can you blame us for staying home and shopping online? Every time you go to the mall there's a bunch of baby boomers loitering around and asking where you got your shoes


Bestbank Tiger
Tulane Fan
The Landmass
Member since Jan 2005
42293 posts

re: What will the retail landscape look like once millennials are the primary consumer base?
quote:

Every time you go to the mall there's a bunch of baby boomers loitering around and asking where you got your shoes



Even worse when you go to Bourbon Street.
This post was edited on 1/27 at 10:57 am


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73
DisplacedBuckeye
Ohio State Fan
Member since Dec 2013
34507 posts
 Online 

re: What will the retail landscape look like once millennials are the primary consumer base?


Houma Sapien
up the bayou
Member since Jul 2013
1688 posts

re: What will the retail landscape look like once millennials are the primary consumer base?
quote:

DisplacedBuckeye


I can completely see this. Order your groceries ahead of time on your phone, show up at the store, they're bagged and ready to go.


CaptainBrannigan
Auburn Fan
Good Ole Rocky Top Tennessee
Member since Jan 2010
16830 posts

re: What will the retail landscape look like once millennials are the primary consumer base?
Much much better because we do not settle for shite and make companies compete for our business. Choice and competition are killing these places, not millennials.
This post was edited on 1/28 at 2:12 pm


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51
OSqueal
Where ever the beer is
Member since Jan 2011
4263 posts
 Online 

re: What will the retail landscape look like once millennials are the primary consumer base?
quote:

Can you blame us for staying home and shopping online? Every time you go to the mall there's a bunch of baby boomers loitering around and asking where you got your shoes



Poor thing, actually have to interact with people out side your bubble.


SG_Geaux
LSU Fan
Googolplex Posts
Member since Aug 2004
66083 posts

re: What will the retail landscape look like once millennials are the primary consumer base?


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90
StringedInstruments
Auburn Fan
Member since Oct 2013
9231 posts

re: What will the retail landscape look like once millennials are the primary consumer base?
Everything will have to go out of business.

As my mother told me last night - Millennials don't have any money and they only spend their parents' money.



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60
Feral
Navy Fan
Member since Mar 2012
8225 posts

re: What will the retail landscape look like once millennials are the primary consumer base?
I don't think millennials will kill off brick and mortar retail like many predict. It'll end up eventually as a blend of e-tailing and traditional, but the transformation will kill off many laggers like Sears and Macy's and niche stores like Toys R Us.

Millennials are proponents of the subscription model, so it'll be interesting to see how retailers can leverage that somehow. Look at what Dollar Shave Club and Fabletics have done with stuff as simple as razors and workout gear.

I also think the chain restaurant industry is going to be disrupted significantly at some point. We've seen implications of it, but Chick fil A has hacked the industry to a degree by driving brand loyalty through incredible customer service. People won't keep putting up with terrible customer service and a mediocre product.


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