Jilian's Feed
May 28, 2015

Insight – Millennial ‘NOwners’ follow Uber with new fashion trading model

NEW YORK (Reuters) – Allison Armour loves fashion, but doesn’t need to keep it in her closet.

The 24-year-old frequents privately-held chain Crossroads Trading Co, where she buys brand-name goods secondhand at a discount, then sells the items back when she wants to refresh her look.

May 28, 2015

Millennial ‘NOwners’ follow Uber with new fashion trading model

NEW YORK, May 28 (Reuters) – Allison Armour loves fashion,
but doesn’t need to keep it in her closet.

The 24-year-old frequents privately-held chain Crossroads
Trading Co, where she buys brand-name goods secondhand at a
discount, then sells the items back when she wants to refresh
her look.

May 1, 2015

As youth vaping rises, teens cite the allure of tricks

NEW YORK (Reuters) – On a recent morning, Roger Tarazon and several friends gathered a few blocks from their Queens, New York high school. Some smoked traditional cigarettes, but Tarazon and a few others puffed on electronic vaping devices.      

“Sometimes I use it to relax,” the 18-year-old senior said of the device. He also uses it to perform tricks with the vapor, blowing smoke rings or creating funnels of smoke that look like miniature tornadoes.

Apr 8, 2015

Insight – Toy business attracts private equity as kids go green and retro

NEW YORK (Reuters) – Striding confidently through Matty’s Toy Stop in Manhasset, New York, Catie Tepedino, 7, is the sort of consumer who may hold the fate of the U.S. toy business in her own little fists.

Finding that her top toy choice, Shopkins – tiny grocery store characters made by Australia’s privately-held Moose Enterprise – was sold out, Catie went directly to the Barbie row and picked out one of Mattel Inc.’s iconic dolls. Next stop: the arts and crafts section, where she selected an Alex Brands jewellery-making set.

Apr 8, 2015

Toy business attracts private equity as kids go green and retro

NEW YORK, April 8 (Reuters) – Striding confidently through
Matty’s Toy Stop in Manhasset, New York, Catie Tepedino, 7, is
the sort of consumer who may hold the fate of the U.S. toy
business in her own little fists.

Finding that her top toy choice, Shopkins – tiny grocery
store characters made by Australia’s privately-held Moose
Enterprise – was sold out, Catie went directly to the Barbie row
and picked out one of Mattel Inc.’s iconic dolls. Next stop: the
arts and crafts section, where she selected an Alex Brands
jewelry-making set.

Mar 6, 2015

Weather-battered US consumers skip mall, order in and head south

NEW YORK, March 6 (Reuters) – U.S. consumers battered by the
wretched winter weather still afflicting much of the eastern
half of the country have responded by ordering in rather than
eating out, flying more frequently to Florida and cutting out
trips to the mall, according to a Reuters review of company
data.

Cities ranging from Chicago to Bangor, Maine, set all time
records for the lowest February temperatures. Boston got more
than 100 inches of snow, crippling mass transit and prompting
the system’s head to quit. Lexington, Kentucky, is covered in
more than 20 inches of snow, the result of the biggest snowstorm
since 1943. In Miami, it was 83 under sunny skies on Thursday.

Jan 29, 2015

As smokers spark up e-cigs to quit, traditional aids suffer

NEW YORK (Reuters) – When Marty Weinstein decided to quit smoking, he took a friend’s advice and tried electronic cigarettes rather than government-approved nicotine replacement products.

Weinstein, 58, has gone from a pack a day nine months ago to the equivalent in nicotine of four or five cigarettes. The e-cigs have a familiar look and feel, and quench his desire to hold on to a cigarette and puff.

Jan 20, 2015

Strong dollar could scare tourists away from U.S.

By Jilian Mincer

(Reuters) – New York restaurant owner Jeremy Merrin has seen business droop in recent weeks at his Havana Central eatery in Times Square. The reason: not enough international tourists.

“We’re fighting a double-whammy,” said Merrin, who owns three restaurants and is on the board of the New York State Restaurant Association. “Not only is the dollar going up and making things more expensive, Europe as a whole is not doing well.”

Jan 7, 2015

Exclusive: American Red Cross pressured to rid itself of tobacco money

New York (Reuters) – The American Red Cross risks damaging the reputation of the global Red Cross brand because of its refusal to stop accepting donations from tobacco companies, a top official with the humanitarian network said.

These concerns are prompting the International Red Cross and public health organizations to press the U.S. group to end its longtime policy of taking tobacco money, Reuters has learned.

Dec 6, 2014

U.S. holiday shopping discounts deepen, last longer

Dec 6 (Reuters) – Amarilis Sinchi visited Macy’s at a New
Jersey mall on Black Friday, but she waited until this week to
purchase the red fleece pajamas she had her eye on.

The 21-year-old student ended up paying $13 at the
department store, down from $30 on Friday, which has
traditionally been the best day for deals during the U.S.
holiday season. “The prices keep getting better,” she said,
planning a return to another store – Kohl’s – which had
dropped the price on LEGO toys.