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Millennials are anxious avocado-eaters who'll never own property, while Gen Zers are depressed snowflakes who take liberties at work. So in the spirit of finding some common ground amid all the mud-slinging, BI asked six therapists what their clients from different generations commonly talk about in therapy. Gen Alpha are also forming friendships outside their family and independent of their parents or carers, and that's reflected in what kids worry about. Diana Garcia, a therapist in Florida, works mainly with older Gen Zers between 18 and 26. MillennialsLike Gen Zers, millennials, who are in their late 20s to early 40s, also feel insecure because they compare the "perfect lives" they see on social media with their own, Owen said.
Persons: , Millennials, who'll, Gen Zers, X, It's, Gen, Gallup, we're, Israa Nasir, Generation Alpha, There's, Georgina Sturmer, Elena Popova, Amanda Macdonald, Gen Alpha, Alonso, Gen Alphas, Jill Owen, Z, Owen, Diana Garcia, Nasir, Sturmer, Gen Xers, that's, boomers, we've Organizations: Service, Alpha, Business, Gallup, Generation, Centers for Disease Control, CDC, British Association for Counselling, Psychotherapy, Therapists Locations: New York, New Jersey, Florida
Advancements in AI tech have given birth to an industry of AI influencers, and major companies are beginning to show interest in their far more cost-effective approach to marketing. AdvertisementMiquela's success didn't spark a virtual-influencer revolution, but that was largely because of cost — human influencers were still cheaper. She sees AI influencers being used to provide a deep level of information, support, and guidance on brands and products. Do AI influencers really stand a chance at building trust with an audience? A study in the European Journal of Marketing found that consumers were just as likely to follow an AI influencer as a human influencer but that they didn't trust the AI influencer as much.
Persons: Zers, Gen Z, influencers, wannabes, — they're, Nikita Baklanov, Julia Broome, Baklanov, Broome, she'd, it's, Miquela Sousa, Lil Miquela, Instagram Miquela, Calvin Klein, Imma, HypeAuditor, Euronews, who's, Jenny Dearing, Dearing, ChatGPT, chatbot, Eric Schmidt, Jonathan Haidt Organizations: Stanford, UGC, Prada, Companies, Meta, Instagram, AIs, Oxford, Advertising, Air, European, Marketing, Air Canada, Google, Alpha Locations: strategize, TikTok, Antarctica, Air Canada
It's a victory for CEO Bob Iger against activist investor Nelson Peltz. AdvertisementDisney CEO Bob Iger has officially prevailed in his battle against activist investor Nelson Peltz. Disney had been expected to prevail in the Peltz proxy battle. AdvertisementThe battle, though, likely prompted Iger and the board to redouble its focus on the next Disney CEO. "Regardless of the outcome of today's vote, Trian will be watching this company's performance," Peltz said at the meeting before the decision.
Persons: Bob Iger, Nelson Peltz, , Peltz, Jay Rosulo, Horacio Gutierrez, Disney's, Maria Elena Lagomasino —, Iger, Disney, Neuberger Berman, Trian, Gen Z, Alpha, Bob Chapek, Iger's, Jason Schloetzer Organizations: Disney, Service, Trian Partners, CNBC, California Public Employees, Epic Games, ESPN, Georgetown University's McDonough School of Business
Sabrina Wiggins took responsibility for raising her grandson when he was around 3 months old. The 47-year-old shared what it's like as a Gen X grandparent raising a Gen Alpha kid alone. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . When Aiden was around 3 months old, my daughter agreed that it would be better if I took over raising him. Raising Aiden has involved some sacrificesBut I got by with the support from my family.
Persons: Sabrina Wiggins, , Aiden, I'd, — I'd, They'll, I'm, Wiggins, I've Organizations: Alpha, Service, Navy, Business Locations: Florida
A vote for the Disney's slate of board members will show support for Iger's performance as CEO since he returned to lead the company in November 2022. AdvertisementIt's the culmination of months of tussling between Disney and Peltz, who has been waging war against Disney's board since January last year. "When I sold Lucasfilm just over a decade ago, I was delighted to become a Disney shareholder because of my long-time admiration for its iconic brand and Bob Iger's leadership." And proxy advisory firm Institutional Shareholder Service recommended shareholders vote for Peltz, though not Rasulo. Advertisement"We wish the very best to Bob, this management team, and the board," Peltz said on CNBC at the time.
Persons: , Bob Iger, Nelson Peltz's Trian, that's, Peltz, Jay Rasulo —, Maria Elena Lagomasino, Michael Froman, Gen, Alpha, Jason Schloetzer, BlackRock, Rowe Price, Iger, Roy Disney's, Laurene Powell Jobs, George Lucas, Lucas, Bob Iger's, Donald Duck's, Ludwig Von Drake, Schloetzer, Trian, That's, Neuberger Berman, Ike Perlmutter, he'd Organizations: Service, Disney, Nelson Peltz's Trian Partners, Business, Century Fox, Epic Games, Georgetown University's McDonough School of Business, Vanguard, Street Journal, ValueAct Capital, Walt, Star Wars, Lucasfilm, New York Times, California Public Employees, CNBC, Netflix, ABC, ESPN, Marvel, Financial
Read previewGeneration Alpha — the kids born between 2010 and 2024 — is the first not to know a world without AI or social media. Meanwhile, social media companies, like TikTok, have been in the hot seat regarding their negative effects on youth — from mental health to sexual exploitation. "They're learning who they are, and how to explore, and how to move out into the world," Galinsky said. Galinsky said social media is not all bad, but some parts can be difficult for young people. Set up social media rules with your childrenGalinsky said parents should let children get involved in developing a plan for their social media use.
Persons: , Ellen Galinsky, Galinsky, you've, It's, Eliza Filby, Filby, it's, Alpha's Organizations: Service, The American Academy of Child, Psychiatry, Business, Alpha
The obsession with lavish weddings grew to a fever pitch in the years following the start of the Covid-19 pandemic. That’s bad news for wedding vendors who provide services like videography, photo booths and catering. Meanwhile, those vendors are facing a more worrisome existential threat: a looming drop in the overall number of weddings. But she said that so far in 2024, weddings are “cooling a bit.”A recent wedding where Gabrielle Stone served as the planner. In another life, some of those would-be couples who never met in 2020 could have gotten engaged this year.
Persons: , Shane McMurray, What’s, McMurray, Gabrielle Stone, ” Stone, Stone, Kay, Jared, Gina Drosos, , Z, ” McMurray, Toni Burrowes, Burrowes, didn't, Toni Burrowes “, Alyssa Young, We've, Alyssa Young “, it’s, ” Young, It’s Organizations: CNN, Signet Jewelers, Kay Jewelers, Signet, Alpha, University of Virginia, Brigham Young University, Bureau of Labor Statistics Locations: Boston, Zales, Central Florida, San Antonio, Texas
Tweens gravitate to Sephora and Ulta for the same reason that adult shoppers do. Carlo Allegri/ReutersThe retinol products sold in beauty products stores, she said, are for mature skin of older consumers. The beauty products chain also operates several hundred smaller format Sephora stores inside of Kohl’s department stores. Jennifer O’Brien celebrated her twin daughters’ 12th birthday at an event held at a Sephora store in Long Island, New York. Jennifer O’Brien's treated her twin daughters to a skincare event for their birthday this year at a Sephora store.
Persons: New York CNN — Tweens, skincare, , Lauren Penzi, gravitate, , Stacey Tull, Tull, “ Retinol, it’s, Carlo Allegri, Penzi, she’s, Ulta, tweens, She’s, ” Penzi, Moët Hennessy Louis Vuitton, Jennifer O’Brien, Jennifer O’Brien Ulta, O’Brien, Stanley, JC Penney, Jennifer O’Brien's, Jennifer O’Brien “, Gen Alpha, Sheryl Jorgensen Masowdi’s tween, Sheryl Jorgensen Masowdi, Masowdi Organizations: New, New York CNN, Gen Alpha, CNN, influencers, , Gen Locations: New York, Sephora, New York City, Missouri, Manhattan, United States, Long Island , New York
Read previewTrader Joe's mini tote bags have only been on sale for a couple of weeks — and they've already sparked a lucrative online resale market. Hundreds of people have already bought the mini tote bags from the online marketplace. "The size is ideal for smaller shopping trips, to pick up those few items you forgot the first time around," Trader Joe's says in the product description. Probably not," one TikToker said in a video of her mini tote. Have you bought a mini tote bag from Trader Joe's?
Persons: , they've, Stanley, Joe's, Quencher, Alphas Organizations: Service, Business, eBay
Sephora's CEO said the company had benefited from the "lipstick effect," The FT reported. Sephora's CEO, Guillaume Motte, told The FT that its sales success, which is highlighted in LVMH's 2023 annual results, benefited from the "lipstick effect." In-store sales have driven Sephora's recent growth, Motte told The FT. In the annual results report, Arnault linked the company's growth to the "ever-growing popularity of Sephora's store concept worldwide." The US is Sephora's biggest market and "we are gaining market share there like crazy," Motte told The FT. Across North America, Sephora reached $10 billion in revenue in 2023.
Persons: LVMH, , Guillaume Motte, Alpha, Gen Zers, Motte, Bernard Arnault, Jeff Bezos, Arnault, Sephora Organizations: Service, FT Locations: North America
Many of these new residents are single Gen Zers, millennials, and students. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . For some, that's meant flocking to the Midwest, and its promises of cheaper living, more space, and friendly neighbors. While the initial pandemic bump in Midwest residents has slowed a little, its population level is still above pre-pandemic highs. Gen Zers, the oldest of whom are 27, make up the greatest percentage of movers, followed by millennials, topping out at age 43.
Persons: , Gen Zers, millennials, Zers, Gen Xers, Gen Alpha, haven't, Redfin, Texans —, James McClure, Alcynna Lloyd, McClure, Lloyd Organizations: Service, Gen, Census, Midwest, Texans Locations: Midwest, California , Florida, Texas, East Coast, New York, Massachusetts, Wisconsin, Minnesota, Austin
"The other day, my daughter told me the names Ashley or Amanda — or my name is Amber — are like old people names," Cimiotti said in her video. But as Scarlett pointed to her teachers and her friends' parents' names, Cimiotti realized she was right. AdvertisementPopular names have changed since millennials were childrenCimiotti's daughter's comments reflect changes to trending names since millennials were born. But since 2021, none of those names were even in the top 100 most popular names for babies, highlighting how parents' approach to naming has transformed in recent years. But names have always come in and out of styleMillennial parents may associate childhood with names like Ashley and Samantha.
Persons: , Amber Cimiotti, Scarlett, Ashley, Amanda —, Amber —, Cimiotti, Erica, Samantha, Josh, Kyle, Tiffany, Where's Nancy, Frank, millennials, Cimiotti's, Amanda, Amber, Olivia, Emma, Alpha, Sophia, Amelia, I'd, Scarlett Johansson, Linda, Jennifer, Em, @emdoodlesandstuff Organizations: Service, Business, Social Security Administration, Social Security Locations: Chad, Charlotte
However, Disney continues to lose money in its streaming service business, though it has cut those losses compared to last year. The announcement of a planned ESPN service comes one day after ESPN, along with Fox Corporate and Warner Bros. it’s pretty dramatic in terms of the amount of time spent in games,” Iger said on CNBC. Disney’s foray into the video gaming space comes as competitor Netflix also ramps up their expansion into video games. In December, Netflix launched three mobile-friendly games from Grand Theft Auto, one of the best selling video game franchises ever.
Persons: CNN —, Bob Iger, Disney, ” Iger, Taylor, , Iger, , Nelson Peltz, ‘ Fortnite, Alpha, Maruf Organizations: CNN, CNN — Disney, Wall, ESPN, Disney, Hulu, CNBC, Netflix, Fox Corporate, Warner Bros ., , Epic Games, Theft Locations: Hulu, India
Disney's fiscal first-quarter earnings per share beat expectations and it said its full-year EPS will rise at least 20% from 2023. Iger also unveiled his strategy and timeline for bringing Disney's flagship sports network ESPN into the streaming era. AdvertisementThe company will launch a stand-alone streaming service with ESPN and its sister networks in the fall of 2025, something Iger called "inevitable." Even if there's consumer demand, the JV faces several hurdles, from challenges brought by existing distributors to antitrust opposition, LightShed Partners wrote in a note published ahead of Disney's earnings release. Challenges aside, the new sports streaming strategy is a big step forward for Iger and Disney.
Persons: , Bob Iger's, Iger, Taylor Swift, Nelson Peltz, Bob Chapek's, Peltz's, Disney, Paul Verna, Alpha, LightShed, Iger didn't, Trian, Elon Musk, Gina Carano's, Iger's Organizations: Service, Disney, Epic Games, Peltz's Trian Fund Management, Blackwells, ValueAct, Business, Iger, Insider Intelligence, ESPN, Disney's, Fox, Warner Bros, JV, LightShed Partners, Marvel, CNBC Locations: Moana
Beauty CEO Tarang Amin told CNBC's Jim Cramer how the cosmetics company is growing quickly and expanding its consumer base across multiple countries and age groups. Amin lauded E.l.f. 's successful marketing and social media strategy, in particular highlighting how it helped bring about global success. He said international business was up 119% last quarter, with strength in the U.K., Canada and Italy. And second, given our strength in social media, the Italian consumer already knew about E.l.f.
Persons: Tarang Amin, CNBC's Jim Cramer, Amin, E.l.f, DOUGLAS, Gen, Gen X, Jennifer Coolidge, Judy Organizations: Gen Alpha Locations: Canada, Italy
New York CNN —Football’s youngest fans will be able to watch Super Bowl LVIII announced by SpongeBob SquarePants and the rest of the gang from Bikini Bottom. Characters from the cartoon SpongeBob SquarePants will join the telecast live. Sandy Cheeks (voiced by Carolyn Lawrence) will make her sideline reporting debut during the Super Bowl LVIII telecast live "Super Bowl LVIII Live from Bikini Bottom". But fans of the long-running show will recognize a 2001 classic next Sunday — there will be a “Sweet Victory” performance in the Super Bowl telecast. In the 2019 Super Bowl, halftime act Maroon 5 paid tribute to the song that the SpongeBob characters sang in a 2001 episode (in the episode, the characters of the Bikini Bottom were performing in the Bubble Bowl, a spoof of the Super Bowl.)
Persons: New York CNN —, SpongeBob SquarePants, SpongeBob, Sandy Cheeks, Carolyn Lawrence, Paramount SpongeBob, Tom Kenny, Patrick Star, Bill Fagerbakke, Nate Burleson, Noah Eagle, Larry, Lawrence, Slimetime ”, Dylan Gilmore, Nick, Gen Z, Alpha, Taylor Swift’s, Travis Kelce, ” Sean McManus, Chris Nowinski, Stephen Hillenburg, Travis Scott, , Organizations: New, New York CNN, New York CNN — Football’s, Nickelodeon, CBS Sports, Super, Kansas City Chiefs, San Francisco 49ers, Paramount Global, CBS, Paramount, Allegiant, NFL, New Orleans Saints, Chicago Bears, Nick NFL, Chiefs, NFL Nickelodeon, Saints, Bears Locations: New York, Las Vegas
Beauty , the viral cosmetics brand beloved by young consumers, raised its guidance for the third time in a row on Tuesday after it posted 85% sales growth during its holiday quarter. The company saw torrid revenue growth even as it faced tough comparisons. It now expects net sales to be between $980 million and $990 million in fiscal 2024, compared to a previous range of $896 million to $906 million. Online sales represented 24% of overall revenue during the quarter, compared to 15% in the year-ago period. During the quarter, E.l.f.
Persons: E.l.f, Tarang Amin, Gen Z, Jennifer Coolidge, Amin, Read Organizations: LSEG, CNBC, Gen, Alpha, Walmart, Target Locations: skincare, E.l.f
"Every time we linked it, it would sell out so quickly," LeSueur told The New York Times. The Buy Guide had to pay for warehouse space and shipping and handling fees, but was allowed to keep the profits, The Times reported. "It was a big risk," LeSueur told CNBC. AdvertisementThe Buy Guide placed another wholesale order for 5,000 – and they sold out in an hour, Retail Dive reported. Reilly told CNBC that Stanley was making more products available with each drop but still wanted "a little bit of scarcity" to create a buzz.
Persons: , Stanley, They've, Alphas, William Stanley Jr, Grace Dean, restocking, Ashlee LeSueur, Taylor Cannon, Linley Hutchinson —, LeSueur, Emily Maynard, Maynard, Terence Reilly, Reilly, he'd, Crocs, Frederic J . Brown, TikTokers, Bon Appétit, Stanley's Quenchers, Lainey Wilson, aren't, Gen Zers, Alpha, Casey Lewis, Lewis, , Zers, they'll, Grace Mary Williams, it's, Kaitlin Gostel, Barnes, Noble, Harry Potter, Gostel, I've Organizations: Service, Business, Instagram, New York Times, CNBC, Times, The Times, Wall Street, Getty, Target, Starbucks Locations: Brooklyn, workdays, Crocs, AFP, Pendleton
Hitchon sat in her car as she relayed observations about Gen Alpha, which she had spotted as a parent in the "trenches" of the school pick-up line. Gen Alpha boys were embracing early 2000s haircuts, and hoodies were very much in all around. AdvertisementThe video blew up, so Hitchon continued to post updates on Gen Alpha trends over the following weeks in a series that received millions of views. "Gen X in particular love to talk about how they don't care what younger generations think." Hitchon wants the world to know how funny, self-aware, and socially conscious Gen Alpha is.
Persons: Faith Hitchon, , Hitchon, Gen, Alpha, X, millennials Organizations: Service, Gen Alpha, Alpha Locations: Los Angeles , California, India
JCPenney has replaced its Sephora shops with JCPenney Beauty sections. JCPenney's revamped beauty department has become a destination for finding beauty brands TikTokers can't get at other beauty stores. Last summer, the retailer launched KimChi Chic Beauty in more than 600 stores, beauty trade publication Happi reported. JCPenney replaced Sephora shops with JCPenney Beauty. Beauty retailer Ulta hit $2.5 billion in net sales last quarter, an increase of more than 6%.
Persons: , JC, Kailey, JCPenney, JCPenney's, Adam Ryan, Alexis Androulakis, @thelipsticklesbians, y’all, @JCPenney, ike, orth, Penney Organizations: JCPenney, Service, JC Penney, Sephora, Black, Black Enterprise, Alpha Locations: JCPenney, Staten Island
The consensus among Gen Z TikTokers is if you see a child at Sephora, you better get out of their way. They love makeup, and they always want to go," Eadie told the magazine. Related stories"Times change, things are different," Eadie told the publication. The back-and-forth online is so loud that a brand popular with Gen Alpha — Drunk Elephant — weighed in, assuring parents that many of their products were safe for youthful skin. Emma told the publication that they also find it irritating when adults reminisce about what they were doing as tweens.
Persons: , Gen, Gen Alpha, Gen Z, Stefanie Eadie, Gen Z's, Eadie, Ulta, Instagram DM, Alpha, it's, Emma, Tweens, Maeve Organizations: Service, Alpha, Business, People Magazine, Sephora, Instagram, Teen Vogue, Mashable Locations: Sephora, Florida
Once known as a staple American mall brand, Gap lost its relevance among consumers who traded shopping centers for e-commerce. "Gap brand, as you know, has tremendous heritage as a pop culture brand," Dickson told investors. Jennifer Ortakales Dawkins/Business InsiderGap's design team is playing it too safe for today's competitive market. Jennifer Ortakales Dawkins/Business InsiderOn that note, Gap could be doing a lot more to market to younger generations. Jennifer Ortakales Dawkins/Business InsiderBriggs suggests brands like Gap go where their younger customers spend much of their time: TikTok, YouTube, and Instagram.
Persons: , Richard Dickson, Dickson, Ellyn Briggs, Barbie, Neil Saunders, Jennifer Ortakales Dawkins, Briggs, Gen Zers, Gen, Gen Z, Piper Sandler's Organizations: Service, Mattel, Morning, New York City, Grand Central, Free, Nike, Alpha, Teens, Times, YouTube Locations: New York City, New York, Grand
Read previewI'm not sure it's hyperbole to say that Stanley cups — the colorful 40-ounce water vessels — are tearing apart the fabric of our society. The Cut reports that Stanleys have become the new status symbols for middle school girls. AdvertisementLewis's prediction seems spot-on: The cup is now the hot item for middle school girls — a demographic not exactly known for kind behavior if you deviate from the norm. Middle school is when kids can be ruthless about who has or doesn't have some arbitrary status symbol, whether it's Uggs or folding the waistband of your gym shorts the right way. (Back in MY day, we — gasp — used the school water fountain).
Persons: , Stanley, Julia Reinstein, Stanley Quenchers, Gen Alpha, Matt Fowler KC, Z, Casey Lewis, Gen Zers, Jamie Sherman, Sherman, it's, Gen, 🥶🥶 Organizations: Service, Business, Target, Stanley, Gen, Gen Alpha Locations: New Hampshire, Dallas
All together under one roof, the differences between Gen X, millennial, Gen Z, and Gen Alpha could have split our family apart. I've also learned TikTok trends , why Fortnite is both appalling and amazing, and how Minecraft is an educational tool. Courtesy of the authorWhen he was 11, his younger brother Noah — my Gen Z'er — came along. With the boundless adoration and hero worship of a younger sibling , Noah wanted to spend all his time hanging around an increasingly surly tween. Heather Labay's kids, Noah and Charlotte.
Persons: Gen X, Z, Alpha, I've, Adam, didn't, Heather Labay's, Noah, Noah —, Z'er —, Kim, Underpants, Heather Labay, Charlotte —, Alpha —, Alpha — Noah, Charlotte, I'm Organizations: Museum of Science, YouTube, DJ
After all their economic misfortune, they'll still face a turbulent housing market and potentially tens of thousands of dollars' worth of necessary updates to boomers' aging houses. In his 2022 paper, "Who will buy the baby boomers' homes when they leave them? ", Engelhardt argued that mass aging would send ripples through the housing market but fail to push down prices significantly. After that point, demand for home purchases will once again outpace supply as millennials buy more homes and younger generations, like Gen Z and Gen Alpha, file in behind them. The timing of boomers' exit will mostly benefit younger generations, like Gen Z and Gen Alpha, who should find themselves on steadier footing than their predecessors.
Persons: Xers, they've, Zers, they'll, Odeta Kushi, Kushi, Gary Engelhardt, Engelhardt, Issi Romem, Meredith Whitney, Boomers, Gen Zers —, Gen, who've, millennials, boomers, Jessica Lautz, Nicole Bachaud, They've, Redfin, Alpha, they're, Lautz, savvier, Zoomers, James Rodriguez Organizations: millennials, Syracuse University, Boomers, Federal Reserve, Alpha, National Association of Realtors Locations: granny, New York, Los Angeles, Chicago, Dallas
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