PYMNTS

SEPTEMBER 8, 2016

Maybe millennials really are a self-centered bunch? adults in June of this year to examine the shift in gift card consumers to prepaid and rechargeable cards issued directly from retailers. Of those surveyed, 63 percent bought these types of cards this year, compared to 61 percent in 2015 and 56 percent in 2014.

Millennials 100

Millennials Cards Retail Survey 100

PYMNTS

NOVEMBER 11, 2016

According to the BDO Retail Compass Survey of CMOs, nearly 60 percent of marketers plan to leverage mobile in their marketing strategies this holiday season. Although less than 10 percent of marketers say they plan to focus on generic mobile coupons, retailers will be offering bargain hunters other ways to get a deal.

Mobile 188

Mobile Marketing Survey Marketing Strategies 188

PYMNTS

OCTOBER 28, 2016

Despite t he National Retail Federation reporting that grocery stores topped the “hot list” of retailers for the year , supermarkets are having a tricky time luring millennials into bringing a basket or cart down the aisles. Taking out the age group component, the average consumer bought $4,015 in food for their homes in 2015.

Millennials 100

Millennials Retail Google Groups 100

PYMNTS

MARCH 30, 2016

But just when the last iPods started giving way to entirely online streaming services, millennial audiophiles suddenly fell back in love with vinyl records — a music format they never even knew growing up. How curious, it seems, that a similar thing is happening between millennial shoppers and mobile and physical coupons.

Millennials 100

Millennials Mobile Study Retail 100

PYMNTS

MAY 26, 2017

Millennials are never, ever going to buy homes. Why millennials are never going to buy homes is more of a jump ball. According to the National Federation of Retailers, 81 percent of millennials report at least aspiring to homeowners as hip, even if they aren’t there yet. Data, according to Zillow, adds stability.

Millennials 109

Millennials Marketing Data Taxes 109

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. Singles’ Day.

Retail 133

Retail Millennials Online Innovation 133

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

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? That number hit 21.3

Millennials 101

Millennials Study Trends Marketing 101

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

MARCH 2, 2020

s most high-profile retailers is doing well in the U.S. and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. s fastest growing brick-and-mortar retailer, Wren Kitchens. And also in training our retail staff to offer the customer a fantastic service.”.

Retail 132

Retail Marketing US Connecticut 132

PYMNTS

MAY 4, 2017

Brazil and Mexico — the total amount in cash payments for the region was $3 trillion in 2015, with weighted average cash use at 14 percent of GDP, with an estimated increase, annually, of 4 percent through 2020 in absolute dollars but a decline in percentage of GDP by 1.2 Turning to the Americas — defined as the U.S.,

ATM 192

ATM Millennials United States Study 192

PYMNTS

APRIL 24, 2017

The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. For a time, it seemed as though the brand might be going public, but plans have apparently changed in light of the changing state of brick-and-mortar retail in the U.S. and yes, this looks like card data breach.

Millennials 109

Millennials Cards New York Branding 109

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

JUNE 25, 2018

I’ve been writing about the impact Amazon would have on the consumer’s grocery shopping journey and disruption to the grocery segment since Amazon introduced Dash buttons in March of 2015. For the Bridge Millennials — those aged 30 to 40 years old who are the first generation of connected consumer with spending power — they barely register.

Retail 156

Retail Branding Online Millennials 156

PYMNTS

FEBRUARY 23, 2016

While a National Retail Federation survey found that 65.5 percent) said that they had already made up their minds to send the funds to savings accounts rather than a retailer’s till. As opposed to the 41 percent of millennials who saved their refunds in 2015, 54 percent say they plan to do so when their checks come this year.

Taxes 100

Taxes Retail Millennials Survey 100

PYMNTS

APRIL 25, 2016

“Improving engagement” has become just another platitude in retailers’ back pockets as they figure out which channel of the increasingly fragmented online world they should focus on, but Nordstrom may have struck gold with a new Snapchat-centered production.

Millennials 100

Millennials South Carolina social media Oregon 100

PYMNTS

MAY 11, 2018

That’s one of the driving ideas behind a new service that Marriott International recently launched for Chinese travelers going overseas — a service that also helps to demonstrate how the country’s growing tourist class is changing payments and retail. Last year, the U.S.-based Marriott began working with Fliggy in August 2017.

Retail 129

Retail Payments social media Mobile 129

PYMNTS

JULY 29, 2016

Do you know the fastest-growing industry in retail right now? What about the largest retail industry at the moment? Census Bureau in 2015, the answer to those questions were one and the same. And as millennials age and advance in their careers (thus making even more money), this trend shows no signs of slowing down anytime soon.

Industry 100

Industry Meeting Millennials Study 100

PYMNTS

OCTOBER 5, 2016

That’s still the norm, despite certain trends of women wanting other center gems like sapphires and emeralds , and others saying that millennials don’t buy diamonds. The former actor now Wharton Business School graduate founded the company after going through a three-month ring buying experience pre-proposal to his girlfriend back in 2015.

Millennials 173

Millennials Online Industry Trends 173

PYMNTS

JUNE 10, 2016

E-Commerce Jeremy Lewis made his pitch for mobile for retailers, saying that it’s no longer optional because it is undeniably the future. He further noted that 70 percent of all retail traffic during holiday 2015 online didn’t come from computers, but from mobile devices. Mobile isn’t a thing.

Retail 100

Retail Mobile Video Chicago 100

PYMNTS

NOVEMBER 11, 2016

On the one hand, they’re using a relatively low-cost, unattended distribution method combined with even lower-cost word-of-mouth marketing, and the other hand, it’s one that’s associated with short-term, exclusive retail. It’s not just millennials and post-millennials using a free service any longer.

Millennials 143

Millennials Video Retail Regional 143

PYMNTS

AUGUST 11, 2017

Within these emerging markets, we’ve seen retailers make large bets on luxury. Although luxury revenue took a dive between 2015 to 2016, going from €251 billion down to €249 billion, there has been signs of positive growth in 2017. As such, millennials have more money at their disposal than Generations X, Y and Baby Boomers.

Millennials 122

Millennials Survey Retail social media 122

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. Last September, ViSenze closed a $10.5

United States 136

United States Millennials Retail Capital 136

PYMNTS

JANUARY 31, 2020

In a new PYMNTS interview, David Roger, co-founder & CEO of Felix Gray , a direct-to-consumer (DTC) eyewear seller that is also trying to tap into broader wellness trends, talks about what’s coming next for this particular brand of online retail, and why Amazon may — or may not — get more involved. Wellness and Sustainability.

Retail 116

Retail Branding Trends Operations 116

PYMNTS

NOVEMBER 24, 2017

In the retail world, one pachyderm has been learning to dance in all manner of ways, displaying the chops to tango, watusi and foxtrot as situations demand. But, other numbers matter in the retail world, and here is where there is steak with the sizzle. Small, but smart : Dollar Tree shows smaller can be better in retail.

Retail 128

Retail Mobile Strategy Digital Strategies 128

PYMNTS

FEBRUARY 9, 2018

As a result, malls and retailers have to rethink how malls are set up and designed. square feet of retail space for every person. But it’s not just big retailers leaving U.S. The Millennials. As a result, millennial children might inherit less wealth and face healthcare expenses for their parents. In the U.S.,

Millennials 116

Millennials Retail Study Operations 116

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

SEPTEMBER 12, 2019

There are more than a dozen companies in the deal, including eyeglass brand Warby Parker and Brandless, a household goods retailer. Andrei Cherny, who co-founded the company in 2015, was a former speechwriter for Al Gore and Bill Clinton. “It Aspiration said the retailers and the bank will jointly fund the rewards.

Online 135

Online Branding Millennials California 135

PYMNTS

APRIL 9, 2020

consumers who had shopped in a physical retail location during the previous week. percent in 2015 and 89.8 billion in sales in 2015 — a number that had grown to almost $47 billion by 2019 — the report states that “… sales projections are expected to climb modestly to $52.7 Et tu , Millennials? up from 39.3 percent to 80.2

Mobile 140

Mobile Apple Cards Millennials 140

PYMNTS

MARCH 20, 2017

In the FAQ, Amazon notes that the on-demand stylists come from varied backgrounds in the fashion industry, including retail, editorial, styling and other creative fields. Millennials already look to Amazon for online apparel needs. On the privacy end, Amazon notes that the photos are viewed solely by their stylists.

Mobile 121

Mobile Millennials Online Software 121

Banking 2020

JANUARY 15, 2015

The retail banking industry has seen major changes occurring in the industry over the last few years with the adoption of mobile banking, the rise to prominence of the millennial demographic, narrowing margins, stagnant top line revenues, the future of the branch and continued regulatory changes. Digital Banking. Cyber vulnerabilities.

Retail 40

Retail Trends Millennials Mobile 40

PYMNTS

MARCH 14, 2017

Currently, Amazon hopes to take advantage of recently loosened restrictions on foreign retailers in India by expanding its online grocery venture into the nation of some 1.3 Back in 2015, the company launched its Prime Now service in Bangalore , which included some restricted and hyperlocal grocery delivery. in 2017, said GeekWire.

Millennials 100

Millennials New York City Retail Online 100

PYMNTS

JANUARY 15, 2018

The funding will be used for growth initiatives, with an eye on millennials, and a launch of nine new localized sites across the U.S., TechCrunch reported that in just a few years after its 2015 founding as a direct-to-consumer women’s brand, NA-KD has said that it is among the most quoted brands on Instagram in Sweden and Germany.

Millennials 134

Millennials Branding Capital Report 134

PYMNTS

JULY 29, 2016

Online retail has taught merchant and consumer alike a pertinent lesson for the age of digital retail: Everything might have a price, but the quest for the ultimate bargain means it can always be lower. The story starts with a somewhat out-of-the-blue move from leading discount retailer Dollar General.

Millennials 100

Millennials Retail Conference Community 100

Chris Skinner

FEBRUARY 3, 2017

As Antony Jenkins, former CEO of Barclays, aptly put it in a 2015 speech: “Over the next 10 years, we will see a number of very significant disruptions in financial services, let’s call them Uber moments” … Some analysts believe Fintech disruption could take as much as 10% to 40% of bank revenue and eliminate 1.7

Innovation 150

Innovation Millennials ATM Data 150

PYMNTS

JULY 15, 2016

It was a genius marketing campaign but also oddly prescient, because, to retailers, the back-to-school shopping season really is like the second coming of the Christmas shopping season, or about as close as they can get to it, as it remains the second-largest retail season of the entire calendar year.

Millennials 100

Millennials Retail Online Study 100

PYMNTS

NOVEMBER 5, 2018

To help improve the retail shopping and shipping experience, virtual reality (VR) and augmented reality (AR) is catching on with big-box retailers in the U.S. AR could be on the cusp of having its moment, as a large brick-and-mortar retailer has fresh plans to appeal to shoppers willing to test out the technology.

social media 152

social media Los Angeles Retail New York City 152