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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
Retailpop-up retail

Pink Peacock Lattes at a SoHo Pop-Up Cafe to Promote Colors and TVs

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Kate Dwyer
Kate Dwyer
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By
Kate Dwyer
Kate Dwyer
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July 1, 2019, 6:41 PM ET
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Dazzling retail experiences are as trendy as ever, with Pantone Color Institute and electronics company LG creating the latest entrant in SoHo—a pop-up cafe as a marketing backdrop for customers’ Instagrammable moments.

Cafe OLED’s brief New York run is July 12th-14th, at 386 West Broadway, between Spring and Broome Streets.

Local baristas will serve flavored lattes inspired by four colors in Pantone’s Summer 2019 Fashion Color Trend Report: The Pink Peacock (beat-maple), Aspen Gold (lemon-vanilla), Pepper Stem (honey-matcha), and Tangy Turmeric (turmeric-ginger-chile). Celebrity New York baker Amirah Kassem, of the Flour Shop, known for her colorful “explosion cakes” filled with rainbow sprinkles, is supplying monochrome cake pops.

Cafe OLED is named after LG’s Organic Light-Emitting Diode TVs, which will hang on the walls showcasing colorful digital displays by multi-disciplinary illustrator and artist David McLeod, inspired by Pantone colors.

LG’s OLED televisions emit eye-catching color. The screens rely on self-illuminating pixels requiring no backlight and can achieve a “perfect black,” resulting in an intense visual experience, said Michelle Fernandez, senior director of home entertainment brand marketing at LG Electronics USA.

“When you see these lifelike colors and images in person, you’re immediately drawn to something that’s real and immersive,” she said.

While no TVs will be for sale, the pop-up acts like a hip electronics showroom. “These interactive exhibits let you experience these colors in a new way,” Fernandez said.

Each of the four sections of the café focus on one the four featured Pantone summer colors, “bringing an emotional connection into both the physical and digital space, enabling the exploration of color psychology and distilling the relationship between color and senses,” according to a news release.

The LG OLED TV’s “pure black canvas” works to highlight the storytelling-capabilities of color, said Laurie Pressman, vice president, Pantone Color Institute.

Pantone is a color trend forecaster from which consumer product manufacturers, interior designers and others can derive inspiration. The company’s also known for its color of the year. This year, it’s Living Coral, which according to Pantone, “mesmerizes the eye and mind,” and evokes “how coral reefs provide shelter to a diverse kaleidoscope of color.”

Pop-up popularity

Cafe OLED is part of a seemingly endless retail movement providing customers with experiences rather than traditional retail settings. Soho is Ground Zero for the temporary pop-up stores, which open for a few days or a few months.

In the past year, there have been a number of primarily e-commerce brands renting space in the downtown shopping district. Upcoming, Bumble, the dating app, is opening a cafe where dates can meet IRL—in real life. Chef’s Counter on the corner of Spring and Lafayette has a rotating menu developed by a different chef each season, and its casual pop-up next door (currently Kiko plant-based ice cream, formerly OddFellows ice cream carnival, a donut shop, and a matcha cafe) also changes hands a few times a year.

Last month, Marissa Meltzer wondered in the New York Times whether Soho has become “one big wellness pop-up.” Kind, a snack food company, is renting a pop-up where consumers can scan a QR code to check a competitor’s sugar content, while Buffy, a direct-to-consumer comforter company, has a pop-up nap room. 

These pop-up “experiences” cater to the avocado toast set, with brands hoping to cash in on millennials’ spending preferences. A 2014 Harris poll showed that 78% of millennials would rather spend money on an experience than a physical object, and 55% reported spending more money on live events and experiences than in years prior. Not to mention, these pop-up “experiences” are designed to be Instagrammed. 

✨🌈Sometimes life really IS all sunshine & rainbows!🍰🤗✨#flourshop #birthdaylifestyle pic.twitter.com/NXwx2teLou

— FLOUR SHOP (@flourshop) May 29, 2019
The Flour Shop will make cake pops for the pop-up Cafe OLED in New York’s SoHo. Baker Amirah Kassem is known for her colorful treats. She has a new book, The Power of Sprinkles.

More must-read stories from Fortune:

—Queer Eye’s Antoni Porowski on his new restaurant, culture

—H&M’s sustainable fashion marketing questioned

—Is Amazon’s new store for beauty professionals disrupting the industry?

—Old Navy’s Purple 4th and Belonging anniversary campaign

—Women’s World Cup player endorsements in the wings

—Listen to our new audio briefing, Fortune500 Daily

Get Fortune’s RaceAhead newsletterfor sharp insights on corporate culture and diversity

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