PYMNTS

NOVEMBER 6, 2020

Meanwhile, millennial consumers have drastically picked up the pace of their home buying. We believe these tailwinds are durable, supported by low interest rates and demographic shifts as millennials age into their prime home-buying years, with Gen-Zs lining up behind them,” Barton wrote. Still, the U.S.

Video 210

Video Millennials Marketing Tools 210

PYMNTS

FEBRUARY 23, 2017

Founded in Singapore in 2012, the company’s solutions are used today by major digital retailers such as Rakuten and ASOS to simplify product searching for some 250 million daily active users.

United States 136

United States Millennials Retail Capital 136

PYMNTS

AUGUST 17, 2017

Chase, Wells Fargo, Bank of America and Citi, to name a few, all scaled back their physical bank branch locations between 2012 and 2016, according to the Federal Deposit Insurance Corporation (FDIC). It has also meant working in anticipation of the changing needs of millennial users. You just start with that digital-first mindset.”.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

OCTOBER 7, 2019

Half of Affirm’s users are millennials or Gen Z, the company says. Affirm was started in 2012 by Max Levchin, who co-founded PayPal, along with Jeffrey Kaditz and Nathan Gettings. “Affirm’s proprietary underwriting model only approves users for what they can responsibly afford,” the release indicates. .

Payments 139

Payments Millennials Retail Cards 139

PYMNTS

JULY 29, 2016

But dining out, propelled largely by a new wave of millennial consumers who seem to have made dining out more frequently a part of their lifestyles, has also become the largest growth sector in the retail industry between 2012 and 2015, according to a new study by CBRE entitled “ Now Serving Retail Growth.”.

Industry 100

Industry Meeting Millennials Study 100

PYMNTS

NOVEMBER 9, 2018

Founded by Amanda Zuckerman and her mom Karen in 2012, Dormify offers college students and post-grads tools, resources and products to create their first home away from home. Dormify announced a $3.45 million Series A investment led by American Eagle Outfitters.

New York 135

New York Leadership Millennials Branding 135

PYMNTS

DECEMBER 28, 2018

percent since 2012. This is a frugal generation [millennials] that realizes that a mortgage with tax payments and insurance included is still much lower than paying rent, especially in desirable markets. According to the Federal Reserve , U.S. consumers owe roughly 26 percent of their annual income to debt, up from 22 percent in 2010.

Millennials 145

Millennials Lending Data System 145

PYMNTS

FEBRUARY 13, 2017

Kroger reportedly became a minority owner in Murray’s Cheese back in 2012. The rates were considerably higher among millennial consumers ( go figure ). Some 28 percent of millennial consumers purchased groceries online in 2016, up from 21 percent in 2014. The outposts are designed to mimic Murray’s flagship store.

New York City 123

New York City Millennials New York Online 123

PYMNTS

JUNE 7, 2019

Forget millennials, that consumer segment that is blamed for the downfall of most everything while also being the target of many innovative efforts. Single consumers are a force of nature as well when it comes to retail. At least that’s the case when talking about toilet paper – specifically, the Charmin Forever Roll. Big Growth.

Retail 133

Retail Millennials Online Innovation 133

PYMNTS

JUNE 26, 2018

million in 2012 to $242.7 Millennial Demand. Millennials, in fact, “who make up the majority of pet owners, expect to spend more on their cat or dog’s healthcare than their own,” CNBC reported, citing a study by TD Ameritrade. “Trupanion’s revenue increased in each of the past six years, from $55.5 That’s not all.

Millennials 117

Millennials Policies Industry New York 117

PYMNTS

MARCH 10, 2017

Homeowners did well — but since millennials as a generation are slower to the housing market than previous generations, older Americans have enjoyed more of the benefits of the real estate market turn-around that has been in effect since 2012.

Millennials 100

Millennials California Capital Marketing 100

PYMNTS

MARCH 24, 2020

In separate news from December, Xiaomi , the biggest smartphone company in India, is offering a credit platform meant to bring in millennials and young professionals in the country. WeChat competitor Alipay debuted a comparative function in 2012 that enables users to send and accept funds via email or cellphone.

Mobile 108

Mobile Payments United States Cards 108

PYMNTS

JANUARY 10, 2018

We’re not like, ‘Oh, it’s all about millennials.’ Millennials buy plenty of Athleta gear, of course, but the brand focuses on the bigger picture: The retailer features models older than 30 in advertising, and its brand ambassadors aren’t a size 2. Athleta’s sales have grown in excess of 25 percent per year every year since 2012.

Millennials 105

Millennials Branding Retail Marketing Strategies 105

PYMNTS

JULY 29, 2019

At the same time, two of her brothers are boat owners, and they were complaining in 2012 that they were going to have to sell their boats because they hadn’t used them once in the entire year. When it comes to the company’s market, Baumgarten says one of its fastest-growing segments are GenXers and millennials.

Course 121

Course Millennials Miami United States 121

PYMNTS

JANUARY 11, 2017

Indeed, as previously reported by PYMNTS , the beauty industry has become ruled by millennials, women between the ages of 18 and 34 being the main buyers, according to a survey by TABS Analytics.

social media 100

social media Millennials Online Maine 100

PYMNTS

OCTOBER 11, 2016

But the recession scrambled consumer priorities and changed how retailers were reaching them because, said bluntly, between 2008 and 2011–2012, the middle and upper-middle class customers that were Target’s prime demographic were concerned with savings well before they were concerned with style. The Tarjay magic went into remission.

Retail 100

Retail Millennials National Trends 100

PYMNTS

AUGUST 23, 2018

percent in the second quarter, marking the highest level since back in 2012, when the U.S. There’s a huge appetite — particularly [among] millennials, but really everybody — for new stuff to do in public,” he said. “What hasn’t changed is the human desire to socialize.”. was crawling out of the last recession.

Los Angeles 108

Los Angeles New Mexico Retail Millennials 108

PYMNTS

MARCH 11, 2016

As then-Senior Brand Director Paul Smailes told Ad Age in 2012 of the logic behind using an older protagonist, younger beer consumers would not “see him as a threat or as a reminder of accomplishments they hadn’t achieved yet,” but instead that they “needed to be someone to work toward, versus a mirror of themselves.”

Millennials 100

Millennials Branding Course Marketing 100

PYMNTS

JULY 31, 2019

Back to 2012. According to Blue Apron’s own website and other reports , the story begins way back in the halcyon days of 2012. In 2012, 20 of Salzberg’s friends beta-tested the product,” the article stated. The timing seemed perfect. As well, with the Great Recession having recently ended, U.S. Social Media’s Role.

Industry 110

Industry social media New York City Retail 110

PYMNTS

APRIL 30, 2020

Sixty-eight percent of consumers reported they had used smartphone-based banking within the past 12 months in 2012. Data from a 2018 survey showed that 43 percent of millennial consumers had given up on mobile banking activities that felt too complicated or lengthy, for example. Merely offering digital channels is not enough, however.

Digital Banking 150

Digital Banking Mobile Online Millennials 150

PYMNTS

JANUARY 10, 2020

Founded in 2012, Honey has grown from an eCommerce price-tracking tool to an expanded suite of services that includes a shopping assistant and rewards program. Battle For Millennials. The connected economy is coming into focus, and we looked at the potential for a cyberwar with Iran. PayPal Finalizes $4B Honey Acquisition.

San Francisco 130

San Francisco Millennials Cards cryptocurrency 130

Celent Banking

APRIL 23, 2015

We hear it all the time; “Millennials don’t use branches.” “Old eighteen and over population) sought to understand how mobile banking users (35% of the panel, up from 30% in 2013 and 26% in 2012) used other channels. Old people don’t use digital channels” and so on. The results may surprise you.

Survey 100

Survey Mobile Millennials ATM 100

Accenture: Banking

SEPTEMBER 22, 2019

Neo-challenger banks have several advantages over their traditional counterparts—including having lower operational costs, because their tech stacks are cheaper to run, and offering a tailored online experience that appeals to Millennials. Cybersecurity. Trust is central to any bank’s relationship with its customers.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

JULY 31, 2019

Back to 2012. According to Blue Apron’s own website and other reports , the story begins way back in the halcyon days of 2012. In 2012, 20 of Salzberg’s friends beta-tested the product,” the article stated. The timing seemed perfect. As well, with the Great Recession having recently ended, U.S. Social Media’s Role.

Industry 100

Industry social media New York City Retail 100

PYMNTS

MAY 19, 2016

Housing mini Sephora stores within the department store chain’s larger footprint has allowed the retailer to both attract a younger (read: millennial), more product-savvy beauty consumer, while introducing its core customers to new products and brands. And that growth has continued. As PYMNTS reported, on Jan.

Retail 100

Retail New York City Strategy Millennials 100

PYMNTS

MARCH 2, 2020

As far as we can tell, the origin of the quote is from a 2012 Fortune article, with the author writing: “ A favorite Bezos aphorism is “Your margin is my opportunity.” . Among bridge millennials, Americans biggest earning and spending demographic, the figure jumps to 41 percent. According to our figures, about 24.3

Innovation 222

Innovation Data System Mobile 222

PYMNTS

NOVEMBER 3, 2016

As for its shoppers’ racial backgrounds, Target shoppers are predominantly white, at over 60 percent, but have shown strong growth particularly among Hispanic millenials since 2012. Conversely, Target has the smallest proportion of consumers age 65 or older, as that only represents about 12 percent of its customer base.

Meeting 100

Meeting San Francisco Millennials Retail 100

PYMNTS

FEBRUARY 9, 2017

The first edition of the PYMNTS Gig Economy Index™ found that millennials typically change jobs four times within the first 10 years of graduation, compared to just two job changes in their parents’ generation. And Eurofound’s data shows that just 20 percent of temporary workers in Europe have transitioned to full-time work since 2012.

Regional 100

Regional Comparison New York Millennials 100

PYMNTS

SEPTEMBER 30, 2019

The industry has grown nearly 8 percent since 2012 and accounts for more than 120,000 jobs. Nearly 10 percent of people in the U.S. use self-storage, with the average monthly rent about $91 — a figure that promises to increase as more demand for self-storage emerges, something predicted by experts and also by Woodbury.

Policies 117

Policies Industry Millennials Operations 117

PYMNTS

AUGUST 26, 2016

While Snapchat is popular among Millennials, Facebook is steadfastly a Baby-Boomer favorite , so it looks like Apple is maximizing target market opportunity. A previous foray into social networking by Apple, Apple Ping, was introduced in 2010 and nixed by Tim Cook in 2012 when iTunes 7 was released.

Apple 100

Apple social media Retail Strategy 100

PYMNTS

JULY 25, 2018

Voice assistants, on the other hand, have taken four years — starting in 2012, the year Siri was first rolled out to the public. A quick glance at PYMNTS Bridge Millennials data bears out the same trend. Convenience is what drives the shopping decisions for Bridge Millennial, followed by having the product they want to buy.

Marketing 100

Marketing Millennials Google Mobile 100

PYMNTS

MAY 29, 2018

In 2012, trucks moved a total of 10.2 Steve Viscelli, a sociology professor at the University of Pennsylvania who studies labor markets and automation, told CNBC that, overall, eCommerce has had a “huge effect.” billion tons, a level that’s projected to rise to 14.9 billion in 2045, according to Bureau of Transportation Statistics data.

US 102

US Pennsylvania Retail Study 102

PYMNTS

AUGUST 14, 2017

In 2015, the tech media was gaga over Snap and its ability to corral the so-called most valuable eyeballs in media: the millennial. billion into Snap since it started in 2012, and its IPO in March of 2017 raised $3.4 The media is now doing all kinds of piling onto Snap, claiming that they’re not worth the paper the IPO was printed on.

Innovation 109

Innovation Online Google Millennials 109

PYMNTS

APRIL 4, 2019

After hitting a peak a little north of $12 trillion in 2008, household debt began contracting in 2008 and kept falling through 2012, according to the Federal Reserve Board ’s Financial Accounts of the United States. The trigger, of course, was the Great Recession and consumers and banks pulling the credit levers back and hard.

US 116

US New York Trends Report 116

PYMNTS

DECEMBER 14, 2019

By the time Disney came to call in 2012, Lucas was worth $3.3 The market is very crowded with other competitors in the form of princesses and superheroes (most of whom are also owned by Disney) – but it’s Baby Boomers, Gen Xers and millennials who grew up on Star Wars, and who have the money to put behind their passion.

Maine 170

Maine Retail Innovation Millennials 170

PYMNTS

MAY 27, 2016

Sure, one could sit back in an armchair and chalk it all up to irascible millennials, but Staples is taking the proactive approach and making sure it can provide the right office supplies, however — and wherever — its consumers want them. “People are everywhere,” Jacobson said. “People are living in all different places.

Retail 100

Retail Las Vegas Millennials Conference 100

PYMNTS

MAY 13, 2016

Target, on the other hand, has enjoyed some success with its flexible format, urbanite- and millennial-friendly CityTarget locations that first launched in 2012 and have since expanded to Los Angeles, San Francisco, Chicago, Boston, San Diego and Philadelphia.

Retail 100

Retail San Diego Los Angeles Colorado 100