PYMNTS

JULY 18, 2016

Heck, even dollar stores have been making a comeback of late, fueled in large part by those cost-conscious millennials. In short, the Great Recession has forced consumers to shift their behaviors, and many of these new behaviors will stay in place,” according to the 2009 report. “As So, what’s going on here? A survey of 2,000 U.S.

Branding 100

Branding Retail Study Portland 100

Independent Banker

NOVEMBER 13, 2014

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

Millennials 87

Millennials Community Bank social media Community 87

PYMNTS

JANUARY 31, 2018

And one-third of eCommerce shoppers will not purchase an item online unless it has positive reviews from customers, according to Power Reviews CEO Matt Moog. Online shoppers love free shipping, especially around the holidays. . Live online chat has been a part of retail strategy for a long time for some merchants.

Retail 112

Retail Millennials social media Strategy 112

PYMNTS

FEBRUARY 11, 2020

Called See You Tomorrow , its “re-commerce experience” will include an online marketplace and brick-and-mortar location housed in the Nordstrom New York City flagship store on 5th Avenue. Nordstrom has not yet launched its online intake program where customers will have the ability to mail in merchandise.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

JANUARY 22, 2018

Regardless, it’s an interesting data point for why the country’s oldest (and one of the world’s largest) CPGs – with a market cap of $34 billion – might be willing to wager at least some part of its future on a five-year-old company with $100 million in sales that sells bulk food online. From Betty Crocker to Boxed.

Innovation 135

Innovation Online Branding El Paso 135

PYMNTS

AUGUST 27, 2018

Layered over those two issues, card issuers are also increasingly under pressure to offer generous rewards to attract new customers, with millennials often switching between cards to get the most out of rewards and interest rates, putting an even greater squeeze on revenue. And finally for some good news. A New Generation Of Spenders Rising.

Data 103

Data Cards Millennials Groups 103

PYMNTS

MARCH 4, 2016

Just another example of the brand doing what has mystified so many other retailers in recent years: connecting with millennials. Persson served as H&M’s CEO for 16 years before turning over the reins to his son, Karl-Johan (also a billionaire), in 2009. But Zara and Ortega are not the only fast fashionistas to make the list.

Retail 100

Retail Branding Millennials Examples 100

PYMNTS

JULY 25, 2017

And that, Passione said, is an opportunity for lenders who, in the years since the Great Depression, have found themselves struggling to build relationships with millennial consumers and who have taken a sort of “chilly” outlook toward traditional financial institutions (FIs). There are currently 13,000 community banks in the U.S.,

Lending 100

Lending Community Bank Millennials Community 100

PYMNTS

FEBRUARY 16, 2018

It was, by all accounts, a good year — pushed by a strengthening economy, a warming eCommerce market and and an emerging generation of millennial homeowners suddenly in need of do-it-yourself home improvement supplies. According to their CEO, it’s smart to strike while the iron is hot: The retailer is coming off eight years of expansion.

Retail 101

Retail Training Atlanta Marketing 101

PYMNTS

JULY 30, 2019

Millennials and members of Generation Z are particularly comfortable with voice-activated devices , with 25 percent of consumers aged 16 to 24 using smartphone-based voice assistants such as Siri or Cortana. Wingstop, a fast-casual buffalo wings chain with 1,031 locations worldwide, tends to be an early adopter for new technologies.

Technology 119

Technology Mobile Google Software 119

PYMNTS

NOVEMBER 7, 2019

7), the transit-as-a-service operator is offering car and truck owners looking to offload their vehicles a deal: Sell those vehicles via online retail service Carvana and get in return $250 worth of Lyft credits, plus three months of free membership in Lyft’s new Lyft Pink membership subscription program.

Los Angeles 101

Los Angeles San Francisco Software Millennials 101

PYMNTS

APRIL 17, 2017

In a conversation with economist and author of “Matchmakers: The Economics of Multi-Sided Platforms,” David Evans, in 2009, Co-Founder and CEO Jack Dorsey initially hinted at ambitions of controlling both ends of the payments ecosystem with what he called a “more elegant” payments experience. And industry pundits fell in love.

Apple 110

Apple Capital Cards Payments 110

Gonzobanker

MARCH 6, 2018

Meanwhile, Wells plans to close 450 branches by 2019, BofA has closed 1,600 branches since 2009, and Chase closed 365 since 2015. Customers expect to be able to use their mobile devices to do all their day-to-day activities, and strong digital capabilities can attract and retain not just millennials, but all new customers.

Strategy 86

Strategy Marketing Mobile Trends 86

PYMNTS

JUNE 21, 2016

However, as smartphones ascended to ubiquity – and on-demand sharing services like Uber (launched in 2009) became the norm – new options began to emerge. Also, Mintel’s Foodservice Trends 2016 report found that 77 percent of Americans said they would use online food delivery services. That’s a hearty slice of the delivery pie.

Operations 102

Operations Resources Technology Boston 102

PYMNTS

OCTOBER 4, 2017

Wherever one falls in that debate, it took Uber in 2009 to give it its modern-day label, despite being an employment status many decades before. Today, millennial workers want all the flexibility in the world, but as they get older, that flexibility might be less attractive than getting benefits.

Retail 101

Retail Groups Management Millennials 101

PYMNTS

APRIL 11, 2016

Over the years, outdoor bazaars became main streets which morphed into malls and now online marketplaces where sellers and buyers meet to do business. When it decided to move off eBay and become a payment type for online merchants, it had those consumers to offer to merchants as an inducement.

San Francisco 100

San Francisco Operations Examples Branding 100

CB Insights

AUGUST 16, 2017

Since being founded in 2009, Q&A platform Quora has steadily grown into a robust hub for online discussion: the site allows contributors to respond to posted questions with their own analysis and opinions, which can then be upvoted by other Quora users. Valuation: $1.8B. Unicorn Round: $85M Series D.

Meeting 68

Meeting US Capital North Carolina 68

Gonzobanker

DECEMBER 20, 2019

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. The workplace a millennial will most confuse with Silicon Valley – Live Oak Bank in North Carolina. Sorry Millennials, you are now so yesterday like GenX and the OK Boomers.

Idaho 148

Idaho Conference Data Marketing 148

Jeff For Banks

MAY 31, 2017

Look at the decline in branches since 2009. The red: millennials. And you will lose very few deposits by closing them, particularly if you have a branch nearby and good online banking technology. Are branches dead? The conventional wisdom from the shouters would be yes. Look at transaction counts. Look at the surveys.

Branch Strategies 60

Branch Strategies Groups DC Fintech 60

CB Insights

OCTOBER 10, 2017

Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” Bankrate found 83% of millennials don’t think they’ll ever retire: they simply “don’t think they’ll have the money” to do so.). In aggregate, they command $1.3 trillion in annual spending.

Tools 78

Tools Millennials US Mobile 78

CB Insights

AUGUST 14, 2017

Since being founded in 2009, Q&A platform Quora has steadily grown into a robust hub for online discussion: the site allows contributors to respond to posted questions with their own analysis and opinions, which can then be upvoted by other Quora users. Valuation: $1.8B. Unicorn Round: $85M Series D.

US 28

US Capital North Carolina Data 28

CB Insights

OCTOBER 6, 2017

It has applied for 480 patents since 2009. As more people shop for products online, there is greater pressure on order fulfillment centers to ship items on time. As consumers shift online, skills transfer may not follow a similar pattern for employees.

Software 69

Software Industry Retail United States 69

CB Insights

SEPTEMBER 17, 2018

Now Walmart is seeing higher online conversions from its private-label offerings, and Amazon’s recent acquisition of Whole Foods was driven by the success of the grocer’s 365 Everyday Value store brand. Pet food is a challenge to sell online because of its bulky size and shipping difficulty. Unilever acquires Dollar Shave Club.

Industry 67

Industry Branding Retail US 67

CB Insights

OCTOBER 26, 2020

In the middle market (deals worth between $10M to $1B in value), private, online networks and SaaS tools are giving smaller company executives and brokers the ability to conduct M&A transactions on their own more quickly and far more affordably. Even some big companies are opting to go it alone when it comes to mergers & acquisitions.

Management 78

Management Capital Company Marketing 78

CB Insights

MARCH 2, 2018

They also know how successful a retailer can be if it builds a leading e-commerce presence and brings a country into online retail. Those users combined to spend $18.38B on online retail from Sept ‘16 – Sept ‘17. Research from Morgan Stanley projects the online retail market will explode from $15B in 2016 to $200B in 2026.

Regional 68

Regional Retail Marketing Online 68

Gonzobanker

DECEMBER 20, 2018

Timing is everything, and Feiger knew that after tripling the stock price since the 2009 downturn, it was time to get the shareholders a solid payback. This award goes to Capital One for making bold moves on exiting the mortgage and online brokerage businesses and refocusing efforts on its core card and banking businesses.

Fintech 101

Fintech Conference Innovation Community 101

Banking 2020

SEPTEMBER 30, 2014

Of course, we’re all very familiar with the staggering resources devoted to developing, disseminating and popularizing the unending torrent of mobile apps, as least in part to cater to the whims of the millennials. Insights camera check deposit millennial mobile' But what if we haven’t?

Industry 91

Industry Millennials Mobile Video 91