PYMNTS

APRIL 24, 2017

The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. While BJ’s doesn’t have quite the scale, scope or name recognition of its rivals Costco and Sam’s Club, among the wholesale shoppers of the northeastern United States, the brand maintains a fairly devout following.

Millennials 109

Millennials Cards New York Branding 109

PYMNTS

APRIL 6, 2016

Though it was their grandparents that gave rise to modern American consumer culture, millennials often get dinged for being too obsessed with having the latest and greatest gadgets. It’s not as if millennials are wiping their dirty hands on their ripped designer jeans, though.

Millennials 100

Millennials Georgia Washington Apple 100

PYMNTS

OCTOBER 1, 2020

Millennials and Generation Z consumers are embracing buy now, pay later (BNPL) plans as a way to responsibly purchase items without incurring fees or debt in the process. In fact, 93 percent of millennial BNPL app users have not been subjected to late fees. in 2016 and moved all its U.S. but it plans to expand in both countries.

Millennials 210

Millennials Retail Maine Payments 210

PYMNTS

JANUARY 10, 2017

Membership-only warehouse club Costco rounded out 2016 with a bang. Both millennials and Gen Z shoppers, no longer tagging along with mom, have been popping into stores to get their own membership cards. For example, there is only one type of grated cheese or one brand of toothpaste. and more in Canada (7 percent).

Millennials 100

Millennials Washington Regional Cards 100

PYMNTS

NOVEMBER 11, 2016

Mobile coupons are still popular, especially among millennials. According the to 2016 Purse String Survey done by Valassis earlier this year, more than 70 percent of consumers say they have looked for coupons or offers while in-store via their mobile device. For millennials, that number is 90 percent.

Mobile 188

Mobile Marketing Survey Marketing Strategies 188

PYMNTS

JULY 28, 2016

Hold on to your designer, hipster-esque trilby hat, because things are about to get a little confusing (but also this could be a major opportunity for brands to compete and “win” in a new retail space). Aspirational consumers are looking for brands to stand for something bigger than product benefits.

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PYMNTS

AUGUST 28, 2019

Forget millennials – well, at least for a moment. To reach consumers on the hunt for offerings that are “clean and natural,” the retail chain rolled out its Everspring household brand. The items are sold in small quantities to catch the interest of Generation Z and millennial consumers who aren’t interested in buying in bulk.

Retail 148

Retail Trends Millennials Survey 148

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

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. Current projections have back-to-school 2016 bringing in $75.8 percent rise in 2013, according to data from First Data.

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Millennials Retail Survey Data 100

PYMNTS

JUNE 22, 2020

Post-2009, millennials demonstrated a clear aversion to financial risk, especially for lifestyle purchases, resulting in a tangible shift away from credit cards. Wayfair has been offering flexible payments to customers since 2016. Today, this trend is repeating itself,” Nick Molnar , U.S. Retail Response Requested.

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PYMNTS

AUGUST 11, 2017

This is evident with China’s JD.com snapping up luxury brand marketplace Farfetch for a cool $397 million this summer. This is due to the fact that hot spot destinations are more apt to have better access to high-end brands. The surprise luxury consumers who’re popping up, according to Bain’s research, are millennials and Generation Z.

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Millennials Survey Retail social media 122

PYMNTS

FEBRUARY 7, 2020

Robinhood , the investment app that upended its market by elimination of commissions on stock trades is bringing its brand of disruption to the United Kingdom. It chiefly attracts millennials interested in trading stocks and cryptocurrency. In the United States, by 2016, it grew to 1 million subscribers and 6 million by October 2018.

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United States FDIC Millennials cryptocurrency 150

PYMNTS

APRIL 3, 2019

Do millennials cook? One study indicates that the answer is not really — millennials cook two fewer meals per week than their baby boomer counterparts and choose pre-packaged/pre-prepared foods 18 percent of the time, compared to 5 percent for baby boomers. The brand grew 11.6 But the data is a bit more complicated that this.

Millennials 130

Millennials Study Austin Comparison 130

PYMNTS

MAY 10, 2017

According to a report in MarketWatch , credit cards with high rewards points have become very popular with millennials, particularly when it comes to the Sapphire Reserve card, which came out in 2016 with a 100,000 point sign-on bonus. Chase ultimately reduced it to 50,000 points, noted the report.

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Cards Millennials Report Branding 100

PYMNTS

OCTOBER 6, 2019

ModCloth offers exclusive indie and vintage-inspired women’s clothing, shoes, handbags and accessories for 18- to 35-year-old women, while Go Global Retail is a brand investment platform for strategic investors in the consumer sector. While Jet was supposed to reach urban dwellers and millennials, it has not driven traffic.

Retail 129

Retail Branding Strategy Digital Strategies 129

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

DECEMBER 9, 2019

Macy’s is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses, Macy’s said in a press release on Thursday (Dec. SoGal was co-founded by Pocket Sun and Elizabeth Galbut in 2016 and is headquartered in New York City. Lauderdale.

Las Vegas 136

Las Vegas San Antonio New York City Detroit 136

PYMNTS

FEBRUARY 27, 2018

The design-centric, digitally focused brand is called Allswell, and it aims to deliver a greater assortment of goods paired with a more convenient shopping experience. Likewise, mattresses by the digital brand Leesa can now be purchased through brick-and-mortar avenues at West Elm and Pottery Barn.

Branding 108

Branding Leadership Millennials Retail 108

PYMNTS

JANUARY 18, 2018

-based eCommerce giant to which the company is most often compared — is its luxury brands, like Givenchy and Proenza Schouler. Zalando has had much success in the upper and even middle-tiers of fashion: Fast-fashion brands like Zara and H&M were long holdouts. Necessity, however, has long been the mother of invention.

Branding 145

Branding Retail Millennials Strategy 145

PYMNTS

FEBRUARY 6, 2019

Blue Apron has introduced a brand-new offering called Knick Knacks, which are specialty recipe ingredient kits that let people combine a chosen protein and produce. Walmart acquired Jet in 2016 in an aim to target urban areas and millennials with spending power, which are two markets that Walmart would like to penetrate. “We

New York City 135

New York City New York Millennials Retail 135

PYMNTS

DECEMBER 15, 2019

A desire for experiences, homemade gifts and secondhand products has been on the rise since 2016. The Mintel survey indicated the lion’s share of respondents who identified themselves as millennials or Generation Z preferred experiences over gifts. Analysts started to notice the trend at the time.)

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Survey US New York Millennials 140

PYMNTS

DECEMBER 4, 2017

And this is not Jim Beam’s first time at bat: In September 2016, it borrowed some thunder from the new Apple Watch with its own Jim Beam Apple Watch , created to promote its Jim Beam Apple line of apple-flavored whiskey. So, what does a brand like Jim Beam gain by making fun of voice-activated consumer electronics and the Internet of Things?

Kentucky 108

Kentucky Apple Millennials social media 108

PYMNTS

JANUARY 8, 2019

By 2016, Chime was in the market with the full suite of features that digital banks offer today. As a pure-play digital bank, Chime offers as its primary product an entirely mobile/digital banking application that gives customers access to a network-branded debit card and a savings account. ”

Digital Banking 160

Digital Banking Tools Cards Millennials 160

PYMNTS

APRIL 25, 2019

In 2016, eGaming was a $493 million industry, and in 2017 (the last year for which data was available), that had jumped to $655 million. These are particularly popular among Gen Zers, the up-and-coming generation that is starting to nudge millennials out of the headlines. Most estimates for 2018 are around $900 million.

Retail 166

Retail America Video Millennials 166

PYMNTS

DECEMBER 15, 2019

A desire for experiences, homemade gifts and secondhand products has been on the rise since 2016. The Mintel survey indicated the lion’s share of respondents who identified themselves as millennials or Generation Z preferred experiences over gifts. Analysts started to notice the trend at the time.)

Survey 131

Survey US New York Millennials 131

PYMNTS

MARCH 6, 2019

Corelle Brands has been around for a while — like 100 years. By today’s standards, it looks anything like an innovative brand. Corning didn’t invent heat-resistant glass when it rolled out its branded version of Pyrex. Yes, Instant Pot-side chats are the fireside chats of the millennial generation.

Branding 108

Branding Millennials Innovation Marketing 108

PYMNTS

AUGUST 14, 2018

. $2 billion: The amount of deposits Canada’s first digital bank EQ has taken in since its founding in 2016. $1 51 percent: Share of millennials who are more willing to purchase from brands that offer a strong mobile experience.25 1 million: What a NYC taxi medallion cost in 2015. Today, they auction for around $175,000.

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Data Millennials Bitcoin cryptocurrency 100

NCR

JUNE 29, 2016

Coming of age during the last recession and being subjected to the barrage of headlines about financial executives misbehaving, many Millennials are distrustful of established financial brands and institutions. are in the bottom 10 of the least loved brands by Millennials. Source: The Millennial Disruption Index.

Millennials 45

Millennials social media User Experience Mobile 45

PYMNTS

OCTOBER 13, 2020

Afterpay first began offering the in-store service in 2016 in Australia and New Zealand, the company said, and it recently was piloted in the United States. Molnar said: “We see millennial and Gen Z customers absolutely shopping, and the brands that deeply understand them are growing at faster rates than they have ever grown before.

Retail 130

Retail United States Millennials Branding 130

PYMNTS

NOVEMBER 28, 2016

Consider Spotify’s branded playlists or Alibaba recruiting its APASS members for marketing purposes. Both are clear and present branded campaigns — and they still draw crowds. But not every brand plays that way. Brand ambassadors are not the same as independent experts — and to act otherwise is misleading.

Branding 100

Branding Millennials social media Marketing 100

PYMNTS

APRIL 19, 2018

The storied department store is a bit more than a brand at this point. Some have noted that Macy’s is a middle-market brand pitching to a middle class that no longer exists — or doesn’t exist in enough force to support its expansive business model. A lot has been written in recent years about everything that has gone wrong at Macy’s.

Millennials 101

Millennials Branding Retail Online 101

PYMNTS

JANUARY 24, 2020

Among the millennials entering the vitamin fold in early 2015 was Katerina Schneider, founder and CEO of Ritual , a direct-to-consumer digital vitamin company selling clear vitamin capsules out of clear glass bottles on subscription to consumers. “She There is no shortage of vitamin brands on the market. Cutting Through The Clutter .

Marketing 133

Marketing Branding Millennials Apple 133

PYMNTS

DECEMBER 17, 2019

Domio will use the funding — a combination of $50 million in equity and $50 million in debt — to expand to markets targeting an underserved audience of millennials, business teams, and families. Upper90 led the company’s debt round, which will be used for setting up and leasing new properties. It is currently in 12 markets.

Marketing 101

Marketing Millennials Capital New York 101

PYMNTS

MARCH 2, 2018

Several major banks and FIs — including Bank of America, Discover and Wells Fargo, among others — offer cash back rewards on their credit card products to entice customers and encourage brand loyalty. They made up 71 percent of payment cards issued worldwide in 2016, up from 70 percent a year earlier. Winning the millennial market.

Millennials 101

Millennials San Diego Cards Retail 101

PYMNTS

APRIL 4, 2016

As of fall 2015, the use was about even, but since January of this year the usage of Snapchat has started skewing very female and was at 29 percent (male) to 48 percent (female) by March of 2016. “At first, millennial men were using Snapchat to communicate with friends, capture funny moments and share inside jokes,” Berger said.

social media 100

social media Millennials Branding Report 100

PYMNTS

APRIL 19, 2016

But setting up shop on the edge of the festival and hawking blatantly branded products is a little too gauche for Coachella attendees who want to preserve the festival’s sanctity (whether it ever existed or not), which leads more than a few companies to turn to social media and the tricks of contextual commerce. Is it though?

social media 100

social media Millennials San Francisco California 100

PYMNTS

JULY 29, 2016

coupons, promotions and sales – oh my), it’s increasingly been shoppers themselves who have turned away from luxury-priced brands in favor of a dollar store mentality. The effects of this new shopper ethos are widespread, and while more and more retailers try to give consumers what they think they want (i.e.

Millennials 100

Millennials Retail Conference Community 100