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☆ Gen Z Are Struggling With the Soaring Cost of Dating, Finding Love
  + stars: | 2024-08-15 | by ( Juliana Kaplan | ) www.businessinsider.com   time to read: +15 min
AdvertisementAs someone who's also been dating through whatever it is we've been doing romantically since 2020, I've noticed that my dating costs are going through the roof. How much should a date cost? For alcohol-free drinkers, the average price of a coffee is about $6 in New York City, which is comparable with other markets. Meanwhile, an informal 2022 report found that the average cost of a full body wax was $152, and Cosmopolitan reported in January that low-end forehead Botox would cost you $300. But even with the high up-front cost of dating, getting into a long-term relationship might pay off in the long run.
Persons: Ben Keenan, he's, Keenan, —, who's, we've, I've, Amy Nobile Messing, Damona Hoffman, Poyser, Messing, there's, Hoffman, Caesar, Josh rosé, Andy Kiersz, they'd, would've, aren't, Keenan's, daters Organizations: American Museum of, Business, Inmar Intelligence, Cosmopolitan, HingeX, Seattle, Bills Locations: Seattle, New York City, Los Angeles, Hudson , New York, New York, America
☆ Kroger will stop mailing weekly grocery advertisements in newspapers
  + stars: | 2023-05-02 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +3 min
Atlanta CNN —Kroger, the largest grocery chain in the United States, is ditching its long-running weekly newspaper ad circulars announcing the latest grocery specials. The ads for Kroger (KR) stores and subsidiaries, including Ralphs, Fred Meyer and King Soopers, will shift online. “Kroger is joining many retailers in shifting the way our weekly ads are distributed,” a spokesperson told CNN. The move could deal a blow to shoppers who plan their store trips based on weekly newspaper ads. Some companies, such as Walgreens (WBA), stopped printing coupon catalogs and moved their weekly advertisements online.
☆ The 'lipstick index' strikes again: Beauty shoppers are still spending big, even as US consumers dial back on everything else
  + stars: | 2023-03-13 | by ( Avery Hartmans | Dominick Reuter | ) www.businessinsider.com   time to read: +6 min
Beauty sales are bucking a trend of declining consumer spending in other categories. The strength in beauty is reflecting a long-held retail indicator called the "lipstick index." Consumers are spending more on beauty in general, with over a third of survey respondents saying they spent over $500 on beauty products in the past year, up from a quarter the year prior, according to Inmar Intelligence. Other beauty retail partnerships, like Sephora and Kohl's, are getting a boost from the lipstick indexUlta and Target aren't the only retailers seeing beauty products fly off the shelves. In fact, the allure of Sephora is so strong that it's helped buoy same-store sales for Kohl's and draw younger consumers.
☆ Why retailers send your like-new returns to rot in landfills
  + stars: | 2023-02-08 | by ( Emma Cosgrove | ) www.businessinsider.com   time to read: +7 min
Not all retailers are environmentally focused, "so things end up being thrown away because of the cost," he said. If consumers want to avoid contributing to landfills with their returns, there are a few things to keep in mind. Luxury brands, too, are more likely to trash returns to avoid products ending up in secondary markets and tarnishing the label's value. Retailers are investing more in returns technology, services, and other advanced strategies as returns volumes grow. Consolidation strategies used by Amazon and other major retailers cut down on shipping costs by pooling returns together at stores.
☆ Inside the massive warehouse that handles all your returned clothing
  + stars: | 2022-12-30 | by ( Emma Cosgrove | ) www.businessinsider.com   time to read: +2 min
Apparel is a large source of e-commerce returns. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. But the biggest problems are also often the biggest inspiration for innovation in the underdeveloped but fast-growing industry of "reverse logistics." Retailers have various systems for receiving, processing, and getting returns back into stock if they're acceptable. And as e-commerce grows — and returns grow with it — speed is of the essence.
☆ To get refunded for online returns ASAP, avoid these 3 mistakes
  + stars: | 2022-12-28 | by ( Emma Cosgrove | ) www.businessinsider.com   time to read: +6 min
In addition to causing headaches for retailers and returns processors, these mistakes can also tie up consumers' refunds. 'Blind returns'One of the most common mistakes consumers make is sending an item to the retailer without actually initiating the return online or sending the order paperwork. These cases are called "blind returns," Borders said. Inmar's team will need to play detective, looking at the return address and any other information on the package to try to figure out whose order it is. And as the total volume of returns continues to increase, retailers are going to be forced to crack down.
☆ Inside a liquidation center that sorts millions of returns a year for resale, donation, recycling, and the trash
  + stars: | 2022-12-24 | by ( Emma Cosgrove | ) www.businessinsider.com   time to read: +3 min
Many major retailers use some kind of outside service to help with returns processing. Inmar Intelligence, a liquidation warehouse operator, showed Insider how it all works. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Returns have come a long way in the last few decades, according to the industry veteran. Now, most major retailers have realized proactively handling returns can help with brand reputation and the bottom line.
☆ How college athletes are getting paid from brand sponsorships as NIL marketing takes off
  + stars: | 2021-10-16 | by ( Dan Whateley | Colin Salao | ) www.businessinsider.com   time to read: +13 min
In addition to brand deals, student-athletes have run branded training clinics and have been paid for appearances and autograph signings. Read about how much an FCS national champion who thought he would 'strike gold' with NIL deals actually earnedLike Sproles, Amherst College wide receiver Jack Betts thought he would profit significantly from the NIL deals, but quickly realized that it wouldn't be easy for a Division III athlete. However, by pitching himself to brands, Betts has been able to secure 35 NIL deals in 2022 alone. Some colleges and universities have developed policies to stop student-athletes from making brand deals that would interfere with their own lucrative sponsorship contracts. Here's Insider's list of 13 top companies helping student-athletes make money and shaping the future of NIL marketing
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