How to Get Rich by Banking on the Echo Boomers
Although the economic potential of echo boomers may not be as promising as some are expecting, there are several ways investors can profit from their behavior.
Although the economic potential of echo boomers may not be as promising as some are expecting, there are several ways investors can profit from their behavior.
Cheap chic retailer Target and luxury department store Neiman Marcus announced Tuesday that they're teaming up on a holiday fashion, home and accessories collection to be sold at both chains. Strange bedfellows? Not really. The two have more in common than meets the eye.
For great deals on Cyber Monday, turn off the computer and go bargain-hunting in brick-and-mortar stores. Between retailers desperate to compete and websites starting sales earlier, e-commerece's big day is losing its online luster.
EBay has come a long way since its days as an Internet flea market. Today, 62% of eBay listings are fixed price, not auctions, and 70% are new. But the website's devoted cadre of loyal used item sellers feels like its recently launched "buy it new" campaign is selling them out.
While Nordstrom has yet to find a suitable location in New York City, online shoppers can now get any item delivered for free. On Monday, Nordstrom announced it will offer free shipping and returns for all U.S. orders -- making it the first department store chain to do so.
The Great Recession took lot of wealth out of baby boomer pockets, probably for good. That means luxury merchants will have to set their sights on a new demographic for growth in coming years. That group will most likely be the millennials, 25- to 34-year-olds.










