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We can keep adding to the list of things Millennials are being blamed for: Macy’s CFO says the generation’s love of Netflix is one reason for the retailer’s weak sales.

Mar 30 2015

We can keep adding to the list of things Millennials are being blamed for: Macy’s CFO says the generation’s love of Netflix is one reason for the retailer’s weak sales. Confused? The theory it seems is that young consumers are spending on digital services rather than products in stores—however, data does not seem to back that idea. Regardless, Macy’s is working to get Millennials into stores and onto its site more often, and plans to focus on weddings to attract them as they head down the aisle, and hopefully “keep [them] after they get married and grow up.” (MarketWatch)