We pulled together some of the most interesting articles we’ve read recently – and included the quotes that got us talking the most.
Whole Foods is learning that millennials aren’t who it thought they are
From Washington Post
“As Whole Foods’ competition for the organic market has grown to include the likes of Wal-Mart, local bodegas and delis, and even pharmacies, such as Rite Aid, young people have reconciled their simultaneous desire for fresh food and lack of disposable income by shunning pricier options in favor of cheaper ones.”
“An Etsy product satisfies a craving for consumers who are looking to connect with the story behind their dish towel or specialty soap. And the big national retailers who have signed on to the Wholesale program understand the power of Etsy’s homemade brand. For example, Whole Foods displays its Etsy items under a large “Etsy + Whole Foods” sign (both Etsy and Whole Foods say Etsy doesn’t pay for this privilege).”
“Young people do go to casinos, he says. They actually go a lot, more than any other age group. But if you look at the people who play slot machines, only 2 percent of them are under the age of 35. Meyehofer thinks they’re generally less interested in games that just depend on luck.”