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

Posted on 1/27/18 at 11:16 am to
Posted by el Gaucho
He/They
Member since Dec 2010
52906 posts
Posted on 1/27/18 at 11:16 am to
Please don't make fun of me, my emotional support animal is at the groomer right now and I can't handle this
Posted by notiger1997
Metairie
Member since May 2009
58088 posts
Posted on 1/27/18 at 11:17 am to
quote:

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.


Walmart just opened up a pick up location like this not far from me. I hate shopping at a fcking Walmart, but I can see us using this a bunch.
Order your shite and drive up and they bring it out to your car.
Posted by Cocotheape
Member since Aug 2015
3782 posts
Posted on 1/27/18 at 11:20 am to
quote:

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


Owning that much real estate means they will just be asset stripped by venture capital/PE at some point.
Posted by TH03
Mogadishu
Member since Dec 2008
171035 posts
Posted on 1/27/18 at 11:25 am to
My mom uses my Amazon prime account more than I do.

But those damn millennials!!
Posted by Houma Sapien
up the bayou
Member since Jul 2013
1688 posts
Posted on 1/27/18 at 11:34 am to
I just started prime pantry. Gotta say it's pretty awesome if you don't need the stuff ASAP.
Posted by tigerinthebueche
Member since Oct 2010
36791 posts
Posted on 1/27/18 at 11:44 am to
I’m thinking more of the open air concept. No doubt online retail will be huge, but people still want to go to a store to look at items. Malls are gonna die same as drive in movies. But people will want to go to places like Academy to look at shite even if they end up buying it online. But they’ll want to go to a place that is nicer than the malls we have today.

Only thing that Will frick it up is the criminal element. Bunch of shitheads hanging out at any retail establishment will kill it.
Posted by jdeval1
Member since Dec 2009
7525 posts
Posted on 1/27/18 at 11:48 am to
quote:

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

I think this is likely to happen at some point.
Posted by johnnyrocket
Ghetto once known as Baton Rouge
Member since Apr 2013
9790 posts
Posted on 1/27/18 at 11:57 am to
They want places with people dressed like fairy’s throwing pixy dust around, safe space rooms, and comfort animals around to pet mixed with a Starbucks.

Sad part nothing will get done as they hashtag everything and expect someone else to do it.

I think they will have small apartments in a mixed use area. You can rebuild a mall to have a living spaces, warehouses, and pickup centers. The shops will be a mix of pickup centers/ warehouses with small retail area or if it is a grocery store or restaurant smaller eating space with large pickup counters. You might even see employers like IBM buy old malls and turn them into living spaces, work spaces, and retail/warehouse/pickup centers. These kids will never go outside and see what the real world is like.

Posted by notiger1997
Metairie
Member since May 2009
58088 posts
Posted on 1/27/18 at 12:05 pm to
Ok chief
Posted by BayouBengals03
lsu14always
Member since Nov 2007
99999 posts
Posted on 1/27/18 at 12:05 pm to
quote:

People won't keep putting up with terrible customer service and a mediocre product.


idk I know a lot of people my age that love Taco Bell and Popeyes
Posted by GeauxOCDP
Member since Jul 2015
1008 posts
Posted on 1/27/18 at 12:11 pm to
Well that's a biased and ignorant thought process if I've ever seen one...
Wealthy Gen X and Baby Boomers are oversaturating the retail markets with competition, while also pushing internet purchasing through those same companies due to the large increase in margin and cost savings. Online purchasing & shipping via warehouse also allows dollars to flow directly to the company, vs the store, which allows them to pay less in labor and avoiding bonus payouts due to loss of STORE sales.
It's a nice little racket...
If the business goes under, they own 35 other companies to fall back on.
But it's all the millenials fault...

& this is coming from a Gen Xer
Posted by East Coast Band
Member since Nov 2010
62717 posts
Posted on 1/27/18 at 12:25 pm to
Avocado restaurants on every street corner
Posted by SPEEDY
2005 Tiger Smack Poster of the Year
Member since Dec 2003
83333 posts
Posted on 1/27/18 at 12:27 pm to
Designated safe spaces everywhere
Posted by Ed Osteen
Member since Oct 2007
57443 posts
Posted on 1/27/18 at 12:27 pm to
quote:

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.


That’s good since it’s been a thing for a few years now
Posted by Kuzuri
Member since Jan 2018
200 posts
Posted on 1/27/18 at 12:29 pm to
You’ll have a lot less bitchy customers, that’s for sure.
Posted by Robin Masters
Birmingham
Member since Jul 2010
29613 posts
Posted on 1/27/18 at 12:44 pm to
The only constant is change even Bezos himself has admitted that Amazon will be taken down at some point in the not too distant future. He said hopefully after he was dead but that it was inevitable.
Posted by TH03
Mogadishu
Member since Dec 2008
171035 posts
Posted on 1/27/18 at 12:46 pm to
quote:

while also pushing internet purchasing through those same companies due to the large increase in margin and cost savings. Online purchasing & shipping via warehouse also allows dollars to flow directly to the company, vs the store, which allows them to pay less in labor and avoiding bonus payouts due to loss of STORE sales.


Nail on head. Any brick and mortar not shifting to online sales is retarded.
Posted by AUCE05
Member since Dec 2009
42554 posts
Posted on 1/27/18 at 12:47 pm to
We seem to prefer a "town square" type commercial environment like boomers parents had.
Posted by bigrob385series
B. Aura
Member since May 2014
2634 posts
Posted on 1/27/18 at 12:49 pm to
quote:

What brick and mortar institutions will still be around?



not many considering nobody wants to leave the house anymore,and if they do...it's to be driven around by a fricking self driving car.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
259859 posts
Posted on 1/27/18 at 12:52 pm to
We're still behind the times for a total shift away from storefronts. Product delivery and support need to catch up
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