7. Home Depot
Home Depot is a go-to spot for homeowners who want to improve their living spaces. Home improvement is a big business, but it’s not big with millennials. Stores like Home Depot and Lowe’s have seen a steady decline because people aren’t buying houses anymore.
Student debt is the main reason why Generation Y isn’t purchasing homes. Most young people can’t afford a mortgage and instead choose to rent. While most older generations think buying a house is a sound investment, millennials don’t agree. Additionally, younger people aren’t settling down and starting a family right way; thus, a house is not needed.