Cable TV: With the rise of streaming services like Netflix, Hulu, and Amazon Prime Video, traditional cable services have seen a decrease in subscriptions as millennials opt for more customizable and often cheaper alternatives.
Bank Branches: The preference for online banking apps has led to a decrease in the need for physical bank locations, causing many banks to close branches or downsize staff.
Diamond Rings: Millennials are choosing alternative rings over traditional diamond rings, focusing on cost-effective options like colored gemstones, moissanite, and lab-created diamonds.
Casual Dining Restaurants: The shift towards fast-casual dining, offering healthier and more sustainable options, is more appealing to millennials compared to traditional fast-food or full-service restaurants.
Golf: The sport has seen decreased interest among millennials, who find it time-consuming and expensive, leading to lower memberships at country clubs.
Marriage: Many millennials are waiting longer to get married or choosing not to marry at all, focusing instead on careers
Traditional Offices: With millennials favoring flexible hours and remote work, many companies are moving away from traditional office spaces.
Beer: Despite their fondness for craft beers, millennials as a group are consuming less beer compared to previous generations.
Paper Napkins: There's a growing preference for cloth napkins among millennials, as they are more environmentally friendly and add elegance to dining settings.
Ironing: The rise of wrinkle-resistant fabrics has reduced the need for traditional ironing among millennials.