PYMNTS

NOVEMBER 15, 2017

According to news from Fortune , customer payment card information was compromised at certain point of sale devices in stores when the encryption on those devices was not operating. The company, which operates more than 815 stores in 57 countries, did not say which specific locations were affected.

Los Angeles 151

Los Angeles social media Millennials Retail 151

Jeff For Banks

APRIL 4, 2024

Consumer Demographics and Changing Customer Demands Remember all the pre-pandemic talk about millennials? You couldn't go to a conference without every presenter having millennial this or millennial that on their slide decks. Now the oldest millennial is 43 (see table by Statista).

Banking Trends 110

Banking Trends Trends Millennials Oregon 110

PYMNTS

OCTOBER 22, 2018

People of all stripes — from millennials to baby boomers, from Generation X to the Greatest Generation — are increasingly swapping the friction of shopping in a store for the convenience of using one of the many connected devices they now own to shop and buy from instead. That’s up sharply from 2017. Bridge Millennials are the 20.7

Millennials 212

Millennials Study Payments Data 212

CB Insights

OCTOBER 24, 2018

According to CB Insights data, 9 POS lenders have raised $700M+ across 14 deals since June 2017. Millennials in particular struggle with credit cards — recent studies find that 3 in 5 millennials carry credit card balances month to month, while 45% don’t know the interest rate on their card.

Millennials 65

Millennials Lending Cards Capital 65

PYMNTS

OCTOBER 6, 2019

After the acquisition, ModCloth will continue to operate out of its current operational set up, with Go Global Retail investing in its digital capabilities including artificial intelligence and predictive analytics. Walmart acquired the assets and operations of ModCloth in March 2017 for an undisclosed amount.

Retail 129

Retail Branding Strategy Digital Strategies 129

PYMNTS

APRIL 8, 2019

The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm. The high failure rate of a new small business has entrepreneurs focused on simply surviving their first few years in operation.

Strategy 279

Strategy Millennials Data Online 279

PYMNTS

FEBRUARY 1, 2018

To reach more consumers and foster more eco-friendly operations, IKEA is testing out renting its furniture offerings in Japan, Curbed reported Wednesday (Jan. The move comes as consumers — particularly millennials — are opting for furniture subscriptions through startups like Feather.

San Francisco 128

San Francisco New York City Millennials New York 128

PYMNTS

NOVEMBER 3, 2020

Schools and universities will be allowed to continue to operate, but all bars and restaurants must close except for takeout and delivery. in 10 in 2017. According to the study, bridge millennials engage in 14.1 The bridge millennials in our study are also early adopters of voice-assisted technologies. The current U.K.

Millennials 146

Millennials Data Study Survey 146

PYMNTS

AUGUST 15, 2017

The growing popularity of mobile order-ahead is hardly news in the restaurant industry, where customers — especially millennials — crave the convenience, speed and personalization of a mobile ordering experience both in quick-service restaurants (QSRs), coffee shops and fast-casual dining environments.

Mobile 193

Mobile Millennials Survey Technology 193

PYMNTS

FEBRUARY 9, 2018

With room for new establishments, malls operators are redesigning their spaces to make room for consumer experience spaces like restaurants and gyms. In 2017, JCPenney announced plans to shutter 140 stores , while Macy’s and Sears have also announced plans to close stores inside mall complexes, too. The Millennials.

Millennials 116

Millennials Retail Study Operations 116

PYMNTS

SEPTEMBER 22, 2016

We take a look at some of the mobile news in 2016 to see what the holiday season and 2017 may have in store. And, according to Pew Research, millennials are the group most concerned about running out of data (and the group most likely to use a mobile phone for payments). Perhaps, if doing so is convenient and hassle-free.

Mobile 100

Mobile Video Millennials Payments 100

PYMNTS

JANUARY 21, 2020

As PYMNTS had previous covered, way back in 2017, cloud-based travel and expense report management solution Certify bought nuTravel in a deal designed to enable Certify to launch a new solution using nuTravel technology. But millennials are hardly the only force for change in the broader travel industry. That’s not all.

Innovation 101

Innovation Millennials Trends Examples 101

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 14, 2018

That wasn’t perhaps the most surprising news, given how Amazon keeps taking control of more logistical and delivery operations — an effort that many observers expect will eventually include the eCommerce operator competing head-to-head with UPS and FedEx. That’s one take on the news Thursday (Dec. billion in capital. households.

Retail 197

Retail Millennials Capital Operations 197

PYMNTS

OCTOBER 8, 2018

Sixty-one percent of small businesses said they use commercial credit cards , a year-over-year decrease from 2017’s 71 percent. At the same time, more than two-fifths of survey respondents agreed that cash flow management is a daily concern, while more millennials said it’s a concern compared to their older peers.

Millennials 197

Millennials Cards Survey Lending 197

PYMNTS

DECEMBER 28, 2018

According to the PYMNTS/Unifund Financial Invisibles Report , 81 percent of participants said their financial situations have either remained stable or improved since last year, and the number of consumers seriously delinquent on debt dropped 11 percent between Q4 2017 and Q2 2018. Resetting Mortgage Services.

Millennials 145

Millennials Lending Data System 145

PYMNTS

NOVEMBER 5, 2018

percent from the same day in 2017. Whether through buy-online, pickup in-store programs or other efforts that mix the digital and physical sides of retail, consumers are responding to that combination — and that especially includes millennial shoppers, Schreiner noted. 26 to hit $7.7 billion, up 17.6 percent between 7 p.m. and 10 p.m.

Retail 179

Retail United States Millennials Study 179

PYMNTS

JUNE 27, 2019

Puerto Rico is still trying to recover from 2017’s Hurricane Maria, and much of that effort involves getting more tourists to visit the island. is down this year compared to 2017, particularly with millennials, and that baby boomers are now the new drivers of the movement.” What’s going on in the U.S.

Puerto Rico 109

Puerto Rico Los Angeles San Francisco Millennials 109

PYMNTS

JUNE 18, 2019

Then it reportedly pivoted again into the organization and operation of streaming tournaments. eGaming was a $493 million industry in 2016, and that had increased to $655 million in 2017 (the last year for which data was available.) Through its last pivot, the company attempted streaming services for players of eSports.

social media 108

social media Millennials Video Report 108

PYMNTS

OCTOBER 1, 2019

1, 2020 — at one point, the deadline was in 2017. The big [operators] have financial balance sheets that can support construction projects,” he told PYMNTS, “but the smaller ones will be challenged.”. The other part is the opportunity that the most recent liability shift gives operators of those businesses.

Innovation 167

Innovation Customer Experience Retail Operations 167

PYMNTS

JUNE 26, 2017

The “ 2017 HSBC Private Bank: Essence of Enterprise ” report compares populations of entrepreneurs across two different generations — those in their 20s and 30s and those who started their business in their 50s — to explore how younger small business owners prioritize their time and operate their businesses. “It

Millennials 132

Millennials Regional Report Community 132

PYMNTS

JULY 23, 2018

And IKEA is making other moves in international markets: To reach more consumers and foster more eco-friendly operations, for example, the brand is testing out renting its furniture offerings in Japan, Curbed reported in January. “India is an opportunity to make the next 75 years of IKEA.”.

San Francisco 100

San Francisco New York City Millennials New York 100

PYMNTS

FEBRUARY 11, 2020

For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the best brand is no brand at all. Facing a growing cash crunch — and trying to streamline its operation — Brandless laid off 13 percent of its staff last March.

Branding 150

Branding Operations Leadership Millennials 150

Abrigo

JUNE 14, 2017

Donald Musso, president at FinPro, and Martin Henderek, senior financial analyst, suggest an easy-to-follow tech plan in their article Navigating the Fintech Landscape , published in the May 2017 issue of BankNews. Are your primary customers millennials, demanding mobile banking services? Are customers requesting new products?

Fintech 170

Fintech Software Lending Millennials 170

PYMNTS

DECEMBER 22, 2018

First, a little bit about the landscape for live Christmas trees — in 2017, U.S. That is helpful especially for “millennial and Generation Xers,” he said. insists that younger consumers, especially millennials , value experiences over mere things, and gravitate toward products seen as organic, sustainable and recyclable. (In

Industry 134

Industry Millennials National Online 134

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. Murray’s former owner, Rob Kaufelt, will reportedly remain as a strategic adviser, and the team leading the New York City operation will largely remain unchanged. percent of U.S.

New York City 123

New York City Millennials New York Online 123

PYMNTS

DECEMBER 11, 2018

And that’s unlikely to change in 2019 or beyond, given the growing purchasing power of bridge millennials. In fact, it is getting some new life from eCommerce operators. So-called online-only retailers — including Amazon — operate some 630 physical retail locations in the U.S., That trend is certainly nothing new.

blockchain 170

blockchain Retail Trends Mobile 170

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

DECEMBER 22, 2016

PYMNTS.com spoke with Britt in June about how digital banking is appealing to millennial customers. As 2016 wraps up, PYMNTS reconnected with Britt to reflect on the year in banking and look ahead to what 2017 could have in store. The millennial advantage. Doing what the big banks won’t? Coming soon … more connectivity.

Millennials 100

Millennials Digital Banking Mobile Industry 100

PYMNTS

AUGUST 31, 2018

According to Moody’s analysts, David’s Bridal faced “the increased likelihood of a distressed exchange or other balance sheet restructuring over the next 12 to 18 months, given David Bridal’s lack of meaningful improvement in operating performance in 2017, high leverage and 2019 maturities.”. Industry Changes.

Online 100

Online Retail Seattle Industry 100

PYMNTS

SEPTEMBER 11, 2017

With in-store sales dropping but a growing online following, Billabong is rethinking its operations to focus on digitally streamlining operations. As Billabong’s brands’ diffusion are beginning to work against the firm, the Apotos partnership will allow it to centralize and streamline those business operations.

social media 122

social media Branding Retail Millennials 122

Accenture

MARCH 20, 2017

Accenture recently examined rapidly changing consumer expectations in banking in our 2017 Global Distribution & Marketing Consumer Study , which gathered the views of more than 33,000 customers across 18 markets. Instead, they’re behaving like knuckleball pitches that move fast, but in erratic and unpredictable directions.

Marketing 150

Marketing Cyber Security Study Meeting 150

Accenture

MARCH 20, 2017

Accenture recently examined rapidly changing consumer expectations in banking in our 2017 Global Distribution & Marketing Consumer Study , which gathered the views of more than 33,000 customers across 18 markets. Instead, they’re behaving like knuckleball pitches that move fast, but in erratic and unpredictable directions.

Marketing 150

Marketing Cyber Security Study Meeting 150

PYMNTS

APRIL 19, 2018

The company has shuttered hundreds of stores — with hundreds more to go in 2018 — and laid off a staggering number of workers as it has moved to streamline its operations. What has been done so far has drummed up some signs of improving results: Q4 2017 was a strong holiday showing for the brand, although not a record-breaker.

Millennials 101

Millennials Branding Retail Online 101

PYMNTS

MARCH 14, 2017

Stateside, the coveted millennial market accounted for the largest share of online apparel revenue in 2015 and 2016, according to insight from market research and analytics firm Slice Intelligence. As for where millennials spent their apparel budget, Slice found that millennials are most likely to turn to Amazon.

Millennials 100

Millennials New York City Retail Online 100

PYMNTS

FEBRUARY 23, 2018

percent in 2017, Taco Bell has been drawing in customers with new food items, a Live Más marketing campaign and new nacho fries for $1. McDelivery on the Uber Eats app is available from more than 2,000 restaurants around the country, with 1,000 new stores added in 2017. But McDonald ’s Corp. McDonald’s $37.5 Starbucks’ $18.4

Online 101

Online US Payments Mobile 101

PYMNTS

AUGUST 16, 2018

trillion in 2017, and that could nearly double by 2021 — online billing platforms are rushing to incorporate payment processing capabilities into their offerings. Younger consumers are leading the way when it comes to online bill payments, with 61 percent of those payments coming from millennials. bills paid online.

Industry 105

Industry Payments Online Boston 105