PYMNTS

NOVEMBER 2, 2020

Today, the “membership has its privileges” mantra is at the core of the latest face-off between the two retail behemoths vying for an increasing portion of consumer spend: Walmart and Amazon. consumer seems happy to test the waters — and none more so than the coveted bridge millennials. But these results also suggest that the U.S.

Millennials 246

Millennials Retail Online Report 246

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. By 2014, it was bigger than both Cyber Monday and Black Friday. Take Costco, for instance. Singles’ Day.

Retail 133

Retail Millennials Online Innovation 133

PYMNTS

NOVEMBER 2, 2016

Millennials are different — a point hammered homed in a million ways, in a million think pieces written since the generation that started to be born in 1980 started to come of age about 10 years ago. Why are millennials different? As recently as 2014, the Nielsen data was pretty clear — the millennial American dream was a 2.0

Millennials 100

Millennials Retail Data Marketing 100

PYMNTS

JANUARY 20, 2020

In this case, it provided a really great opportunity to work closely with their whole team, and to learn about the impact of influence-based businesses on retail.”. The company had come a long way from its launch in 2014, when it had about 10 retailers signed on to offer Afterpay as a payment option during checkout.

US 157

US Millennials Retail Payments 157

PYMNTS

MAY 6, 2017

It’s been chronicled in these virtual pages that millennials are the driving force behind change – change in how payments are done, how banking is banked, how social media influences commerce (or doesn’t) and how shopping may become a hybrid of high touch across the digital and physical realms. Now that seems to be true even in fashion.

Millennials 101

Millennials Branding social media Operations 101

PYMNTS

JUNE 29, 2016

A lot of millennials are still living at home with their parents, but as more and more of them begin moving out in the coming years, they could have a significant impact on both the housing and rental markets. So what will fuel this significant growth in new millennial households? million households in 2014, while 11.4

Millennials 101

Millennials Study Trends Marketing 101

PYMNTS

AUGUST 9, 2016

A new study by The NPD Group found that anything related to health and wellness ­­— like wearable technology , basketball gear, sweats and active bottoms (AKA exercise pants), running products, outdoor sports and toys, running gear, portable beverageware — were among the fastest-growing retail categories between Dec. 2014 and Dec.

Retail 100

Retail Study Millennials Exercises 100

CB Insights

MARCH 27, 2019

Over the next few decades, baby boomers and Gen X will pass on $30T in wealth to the millennial generation. More than any other generation, millennials are interested in the idea that their investments will have a positive global impact when it comes to issues like sustainability and climate change. PREPARE FOR THE FINTECH FUTURE.

Millennials 77

Millennials Fintech Trends Report 77

PYMNTS

MAY 1, 2020

Millennial and Gen Z stereotypes often revolve around being tied to smartphones or computer screens, but these consumers love the outdoors just as much as their parents’ and grandparents’ generations. That also means retailers are missing out on selling the high-margin specialized equipment that drives much of their annual sales.

Millennials 141

Millennials social media Retail Guidelines 141

PYMNTS

APRIL 13, 2018

It was a record-breaking first quarter for retailers in the U.S. According to a report issued by Moody’s earlier this week, the retail sector managed to notch a record number of defaults during Q1 2013, with nine retailers defaulting on their debt. As a result of the series of retail fails, the default rate of high-risk U.S.

Retail 116

Retail Course Washington Marketing 116

PYMNTS

JULY 8, 2019

In a new PYMNTS interview, Andrei Cherny, CEO at Aspiration Bank, shares with Karen Webster his experience in building this new retail banking concept over the last four years. What we’ve really done is create this category of socially conscious, sustainable retail banking that really didn’t exist before,” Cherny said. “We

Retail 116

Retail New York City Millennials Boston 116

PYMNTS

OCTOBER 21, 2020

Before 2014, talking to a virtual assistant and instructing it to turn on the lights, start the dishwasher or order up the groceries was the sort of thing the average consumer would more expect to see in a science fiction or superhero movie than in their house. percent also reported having bought retail goods online in the last 24 hours.

Millennials 150

Millennials Retail Report Mobile 150

CB Insights

SEPTEMBER 10, 2019

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

FEBRUARY 13, 2017

million last month to purchase the retail condo housing Murray’s flagship store, affiliated classrooms, as well as its catering and event operations. In-store transformation will increasingly become key for grocery retailers in the coming years to compete with growing consumer interest in online food sales. percent of U.S.

New York City 123

New York City Millennials New York Online 123

PYMNTS

DECEMBER 14, 2018

A growing group of consumers — particularly millennials and other young shoppers — are embracing connected grocery offerings. Since its launch in 2014, Instacart has attracted more than $1.6 Currently, Instacart operates in an estimated 4,000 cites and works with some 300 retailers. billion in capital. households.

Retail 197

Retail Millennials Capital Operations 197

PYMNTS

JUNE 4, 2019

Domino’s had already enabled in-car ordering with Ford’s Sync AppLink back in 2014. Mobile Ordering Appeals to Millennials. According to the PYMNTS Commerce Connected Playbook, nearly half (48 percent) of millennials said they would rather not eat at all than wait in long QSR lines. Meeting consumer demand is vital. percent.

Millennials 184

Millennials Google Mobile Report 184

PYMNTS

SEPTEMBER 6, 2016

Driving sales this year has been good weather, which has kept foot traffic up (a challenge in 2014), though parents are increasingly looking only for value, especially millennial parents. All in, back-to-school sales rose 2 percent in July, compared with 1 percent growth in 2015 and 2014 and a 0.2

Millennials 100

Millennials Retail Survey Data 100

PYMNTS

JANUARY 10, 2018

When Mastercard launched the Start Path accelerator program in 2014, the goal – according to VP and senior business leader, Amy Neale – was to make it easier for emerging companies to enter “our world” through a combination of operational support, commercial access and some strategic funding.

Company 194

Company Meeting Millennials blockchain 194

PYMNTS

SEPTEMBER 22, 2016

1,500 : The number of babies claimed by SIDS in 2014. 12% : The average boost paying with Apple Pay gives unattended retail. 77% : The proportion of millennials using mobile banking each month. 4% : JPMC’s predicted 2014 sales growth for the iPhone. 4% : JPMC’s predicted 2014 sales growth for the iPhone.

Millennials 100

Millennials Apple Mobile Fraud 100

PYMNTS

DECEMBER 19, 2016

While Black Friday gets all of the press, Super Saturday has been creeping up in recent years to become the holiday season’s secret second pole of retail action. Between 2014 and 2015, shopping on Black Friday was more or less flat, a trend that seems to have bled into 2016. percent between 2014 and 2015) and spend (up 13.4

Fort Worth 100

Fort Worth Los Angeles Millennials Retail 100

PYMNTS

DECEMBER 3, 2020

Specifically, 42 percent of Gen X shoppers (ages 40 to 55) and 40 percent of millennials (ages 25 to 40) used BNPL, compared to just 15 percent of baby boomers (ages 55 and up) and only 3 percent of Gen Z (below 25 years old) shoppers making purchases that way. More than 35 million leads were generated to global retailers and over 1.2

Survey 167

Survey Study Retail Millennials 167

PYMNTS

AUGUST 31, 2018

That arguably describes the recent acquisition of Seattle-based Blueprint Registry , an online universal gift registry, by David’s Bridal , the privately held wedding retail chain that traces its roots back to the first years after World War II. The retailer has a $520 million term loan due in Oct. When in doubt, bet on digital.

Online 100

Online Retail Seattle Industry 100

PYMNTS

JULY 26, 2016

If you’re a retailer or a brand, it seems as though eCommerce and the rise of smartphones and mobile shopping have made your customers more cost-savvy and price-aware than ever before. Well, the rise of eCommerce and mobile shopping doesn’t have to mean doom and gloom for luxury brands or retailers.

Branding 100

Branding social media Millennials Study 100

PYMNTS

MAY 11, 2018

There were problems in the $7 billion industry — markups could go as high as 100 percent because the playing field was dominated by a handful of highly consolidated manufacturers and retailers. On its first day (April 22, 2014), Casper learned this conventional wisdom was not right. And no one liked the shopping process.

New York City 156

New York City Millennials United States Retail 156

PYMNTS

NOVEMBER 29, 2018

But Smith was committed, and believed that among outdoor enthusiasts — particularly millennials like himself — a digitally-native brand with a story to tell and a unique way of pursuing its core mission would have an awful lot of appeal. “My Its first offerings for consumers were backpacks. The llama was bought off of Craigslist.

Millennials 116

Millennials Branding Community Retail 116

PYMNTS

JANUARY 15, 2019

The announcement comes as, since 2014, more than 163 million women have launched businesses across the globe, at a rate that outpaces that of businesses launched by men. To that end, Visa said on Tuesday (Jan. India and Mexico.

Atlanta 189

Atlanta New York social media Community 189

PYMNTS

JULY 18, 2016

This newfound cost consciousness is reshaping the retail industry in everything from spurring the rise of fast fashion at the expense of mall “anchor stores,” to the increasing popularity of off-brands or store brands in the supermarket, to the shift in the apparel business, to off-price retail outlets over full-priced department stores.

Branding 100

Branding Retail Study Portland 100

PYMNTS

APRIL 19, 2016

” Retailers have come to recognize the incredible marketing opportunity presented by the multi-weekend music festival in Southern California. Todd Smith, president and CMO at Sonic, told MarketWatch that this campaign comes from the company’s long experience with the millennial demographic.

social media 100

social media Millennials San Francisco California 100

PYMNTS

JULY 11, 2016

It’s “a little bit more confident consumer, but also a less wealthy consumer,” said Marshal Cohen, chief retail analyst at research firm NPD Group. And thus the millennial ramp up is not quite enough to balance the boomer slow down – spending in the U.S. grew only 1.5

Millennials 100

Millennials Groups Retail 100

PYMNTS

MAY 18, 2016

In 2014, Burger King gave up on its long-time slogan of “Have it your way.” “It gets back to millennials. ” Wendy’s might want to snap that up though, because the fast food chain’s most recent checkout experiment could give consumers more power in the ordering process than ever before.

Columbus 101

Columbus Ohio Millennials Retail 101

PYMNTS

APRIL 11, 2016

Depending on your persuasion, millennials’ generational lack of interest in buying real estate can be chalked up to their inherent indolence, their preference for communal and urban living arrangements or their lagging finances. through residents’ smartphones. .

Chicago 100

Chicago Millennials Exercises Management 100

PYMNTS

MARCH 3, 2017

A number of major retail studies have shown that millennial consumers value the sustainability of brands and products when making purchases. in two rounds, including a seed round back in 2014. HowGood recently announced that it had closed a $4.2 The most recent round brings the startup’s total funding to $6.2

New York 100

New York Millennials Capital Branding 100

NCR

FEBRUARY 16, 2016

And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. More than any other generation, Millennials experience life, work and business through technology and they expect seamless interactions regardless of location.

Millennials 40

Millennials Study Retail Community Bank 40

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. percent of all retail sales. consumers — 47.2 Share of U.S.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

JANUARY 10, 2020

With roughly 17 million active users each month and 30,000 diverse online retailers, Honey has delivered some $1 billion in savings to shoppers in the past year. Citigroup Names New Retail Banking Leader. David Chubak will head all retail sectors — branches, mortgages, wealth, risk management and small business, according to a memo.

San Francisco 130

San Francisco Millennials Cards cryptocurrency 130

PYMNTS

FEBRUARY 5, 2020

As Afterpay CTO Akash Garg noted, that confirms something they’ve believed since their launch in 2014: All over the world, consumers – particularly younger consumers – are thinking differently about shopping, and how they want to integrate it into their financial lives. And Australian BNPL provider Afterpay , which has expanded into the U.S.

Cards 143

Cards Millennials Regulation United States 143

PYMNTS

MARCH 6, 2017

Prices of the international food retail group’s stock closed out on Friday at €20.50, up 0.94 A number of major retail studies have shown that millennial consumers value the sustainability, health value and organic nature of brands and products when making purchases. million in two rounds, including a seed round back in 2014.

Study 101

Study Millennials Retail Trends 101