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45°
Saturday, apr 27
Tag:
Millennials
Lifestyle
New Real Estate Trend Sees Millennials Snapping Up 'Cheap, Old Houses' Priced Under $100K
A new real estate trend has seen a growing number of millennials purchasing historic houses for less than $100,000. "Cheap Old Houses," an Instagram page run by a listing website, has seen significant growth in its following throughout the pandemic. The page began with 750,000 followers at the beginning of the pandemic, according to Business Insider. As of December of 2021, it has grown to 1.8 million followers. View this post on Instagram A post shared by Cheap Old Houses ™ (@cheapoldhouses) The page's founder told the news site that the …
Lifestyle
Covid-
19: Brand-New Poll Reveals Who's Most Comfortable Returning To The Office By Age Group
Gen Z is the age group least comfortable returning to the office in the current state of the pandemic, according to a new poll. The Harris Poll separated respondents into categories Gen Z (ages 18 to 24), Millenials (ages 25 to 40), Gen X (ages 41 to 56) and Baby Boomers and older (ages 57 and older). The results found that 33 percent of Gen Z respondents said they would be uncomfortable returning to the office. Millennials were the most comfortable returning to the office, with just 25 percent of respondents saying they would be uncomfortable to return. The poll found that 28 perce…
Business
Covid-
19: Pandemic Brings Record Demand For Pets, Overwhelming Some Businesses
A record number of Americans have turned to pandemic pets to ride out the uncertainty of the COVID-19 outbreak, leaving some businesses and shelters overwhelmed due to the demand. With the rise in new pet owners has come a demand for veterinary, grooming, and training services for the millions of new animals being adopted during the pandemic that some businesses are struggling to keep up with. “Our training and our grooming is getting overwhelmed with demand,” Petco CEO Ron Coughlin said to Bloomberg. “Our vet hospitals and our vet clinics are having more and more demand as people feel mor…
Lifestyle
Frozen Food Is A Hot Seller Once Again, Experts Say
Frozen food sales are making a comeback around the country, according to a new report from the American Frozen Food Institute (AFFI) and Food Marketing Institute (FMI) on Supermarket News. This rebound can be attributed to what the study describes as “increased purchases by the category’s core shoppers.” “In 2018, frozen food growth was driven by more dollars and trips, but household engagement was largely unchanged. These are the core frozen food shoppers: buying more and visiting the aisle more often,” AFFI and FMI said in the study’s announcement. “Core shoppers are older Millennials, ju…
Lifestyle
Millennials Are Choosing Suburbs Over Cities, New Survey Says
A new survey shows a fascinating shift in trends when it comes to millennials and their preferred living situations. The survey, titled "The Millennial Economy 2018,’" went over some key figures and compared them with perceptions of generations past. The survey includes an array of data regarding the timelines for many major milestones, e.g., moving out of their parents’ house, buying a home, and getting married. Even though the survey shows that more than 80 percent of millennials have to delay home ownership as a result of student debt, they still have their sights set on the suburbs for…
Business
Sold! Stamford Office Complex Acquired For $12.4M
A two-building, 128,000-square-foot office complex in Stamford has been sold to Silverback Development for $12.4 million. The property at 1111-1117 Summer St. is currently 50 percent occupied, according to this report by Westfair. Spanning an entire city block, the 1.58-acre site recently underwent a $2 million renovation. The six-story structures were updated with new hallways, lobbies and public spaces. Silverback now owns five buildings in downtown Stamford, including 777 Summer St., 733 Summer St. and 612 Bedford St. Silverback's team is working on about 2 million square feet in develo…
Lifestyle
New Laurel Road Study Shines Light On Millennial Debt And Earnings
While a college degree is often a necessary kick-starter for a successful professional career, the monetary investment required has created an alarming system of debt and financial arrears for the next generation of men and women in the workforce. “While student loan debt is referred to as everything from a burden to a national crisis, one thing is evident: recent graduates, especially women, are lacking adequate support in the form of financial education, which is negatively affecting their long-term financial outlooks and opportunities,” said Alyssa Schaefer, chief marketing officer of Lau…
Business
New Lawsuit Links IBM’s ‘Millennial’ Reinvention To Age Bias
After another round of company-wide layoffs this spring, IBM is being sued in federal court for age discrimination, according to multiple reports.A lawsuit filed against the Armonk-based IBM by Jonathan Langley, 60, of Texas claims that in the international company's push to hire millennials and make money, the company let go of more experienced but costlier "gray-hairs." Millennials are defined as the generation born after 1980. According to this lawsuit, Langley was fired last June as director of sales in IBM’s Hybrid Cloud business unit, based out of Austin. According to a ProP…
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