PYMNTS

DECEMBER 26, 2019

But before we shut the door on 2019, it bears taking a moment to note how much the world of retail has changed in the last year, a fitting capstone on a decade that has seen retail as the American consumer commonly knew it taken to the ground and rebuilt nearly from the foundations. Lesson 1: Think Big . “We

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Retail Branding Course Charlotte 135

PYMNTS

DECEMBER 3, 2019

Until 1939 that is, when the last Thursday in November fell on the 30th and retailers flooded President Franklin Delano Roosevlents office and begged him to consider moving the date. There was the small matter of a raging depression — and retailers argued that the shortened shopping season could do them in. The Sky Is Falling .

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Retail Millennials Online Data 139

PYMNTS

DECEMBER 24, 2019

21, the last Saturday shopping day before Christmas 2019, has been confirmed as the single biggest retail sales day in U.S. According to retail research firm Customer Growth Partners, consumers on Super Saturday spent a total of $34.4 billion and that exceeded 2019 Black Friday sales by 10 percent.

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Retail social media United States Millennials 186

PYMNTS

DECEMBER 18, 2018

It’s easy to get swept up in the retail apocalypse narrative. With historic retailers like Toys R Us and Sears shutting their doors after more than 100 years in business, and reports of “sad Santas” in empty malls, it’s hard to not take a rather dim view of physical retail’s prospects at present. Time Is The New Coupon.

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Retail Millennials Online User Experience 140

PYMNTS

JANUARY 20, 2020

New evidence of that — part of the broader trend of the existential changes in the world of brick-and-mortar retail, changes that are gaining more focus this month — comes from reports that stationery chain Papyrus is closing up shop. The chain had since expanded to some 260 or so retail locations. Millennials to the Rescue.

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Retail Millennials Cards social media 183

PYMNTS

DECEMBER 6, 2019

Consumers — especially millennials and Generation Z — are looking for new commerce experiences during the 2019 holiday season. Retailers must accommodate financial flexibility, which is leading many to explore alternative solutions — such as Buy Now, Pay Later (BNPL) solutions. Around The Buy Now, Pay Later Worl d.

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Millennials Payments Retail Apple 219

PYMNTS

AUGUST 25, 2019

Kohl’s is teaming up with the social media giant to uncover emerging brands that millennial shoppers consider cool. Kohl’s is following a retail movement to offer curated collections so shoppers can explore new trends. In another attempt to reach millennials, Kohl’s partnered with Popsugar to launch a clothing line last September.

Millennials 133

Millennials Data social media Branding 133

PYMNTS

DECEMBER 24, 2019

All that’s left now, more or less, is the rush of returns that will all but overwhelm some retailers. As such, the most popular 2019 holiday gift trends — from an Afterpay point of view — involves a particular type of consumer, one perhaps more interested in fashion and beauty products than other consumer segments. Top Sellers.

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Millennials Branding Trends Retail 139

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. That’s not to say physical retail is dying.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

OCTOBER 13, 2020

Approximately twice as many consumers shopped for retail products from home in the summer of 2020 as they did in the summer of 2019, and three times as many grocery-shopped from home this summer over last summer, too,” the Report states, giving an idea of scope. Creation of the ‘Superconnected’ Consumer.

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Millennials Study Case Study Retail 298

PYMNTS

JANUARY 17, 2020

And in online shopping, eCommerce retailers such as eat2explore are helping to introduce families to new cuisines with boxes of recipes, spices, sauces and grains, among other items. 25 percent: Approximate share of millennial women who report buying 10 or more scented candles a year. All this, Today in Data.

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Retail Millennials Regional Data 130

PYMNTS

MARCH 17, 2020

eCommerce’s rise has only made designing retail showrooms more complex, however. Merchants need to bridge this gap as digital connectivity pushes the retail world’s boundaries. Companies need all the tools they can get to keep consumers engaged in the competitive retail environment. The Rise of Visual Search.

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Retail Tools Millennials social media 143

PYMNTS

JANUARY 28, 2020

And in the world of retail, those choices — about where to invest — are becoming harder and colder for some executives as they try to figure out where commerce is going in the next few years, and what is worth putting fresh money into. Kohl’s is set to report fourth-quarter and full-year 2019 financial results on March 3.

Retail 131

Retail New York City Exercises New York 131

PYMNTS

NOVEMBER 22, 2019

That fundamental difference in what counts as a best-case scenario has caused millennials to turn away from revolving credit products, Afterpay Co-founder and CEO Anthony Eisen told PYMNTS in a recent conversation. That means the platform refers a substantial amount of business to the retailers with which it works.

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Millennials Retail Tools Branding 158

PYMNTS

APRIL 6, 2019

Because the millennial art buyers are arriving – and what they buy, how they buy it and how they relate to it is very different than prior generations. The Simpsons,” Dolls, Shoes – The Eclectic World of Millennials’ Collections. It wasn’t the only big sale for a KAWS piece that day – a millennial Chinese buyer dropped $2.6

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Millennials Marketing Trends New York 148

PYMNTS

NOVEMBER 25, 2020

According to an exclusive consumer survey, 27 percent of shoppers expect to spend less money than they did in 2019. Among those who said they would increase spend, about a third of millennials and Gen Xers said they would increase spending. Again, bridge millennials and Gen Xers led the way, with 35.7

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Online Cards Retail Data 176

PYMNTS

FEBRUARY 25, 2020

Data: 6,300: Minimum number of attendee check-ins at all Anthropologie events in 2019. 73 percent: Share of millennials who are doing DIY home improvement. 25: Number of locations where Anthropologie ran a fashion show in March 2019. 19 percent: Growth rate of “experience-driven” brands, per one recent report.

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Retail Millennials Tools Innovation 130

PYMNTS

MAY 14, 2020

The latest to report, Wine.com – which bills itself as the nation’s leading online wine retailer – earned $165 million in revenue and saw 25 percent growth for fiscal 2020, ending March 31. The $33 million revenue increase over fiscal 2019 is the biggest in the company’s 15-year history. out of 10 on “likelihood to recommend.”. “How

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Online Retail Millennials Analytics 164

PYMNTS

NOVEMBER 13, 2019

The third quarter of 2019 saw decreased revenue for meal kit subscription service Blue Apron, a company that is struggling to stay afloat in the increasingly saturated subscription commerce market. Retail Subscriptions Rank High in Spending. Streaming and online gaming subscribers run younger than consumer retail products subscribers.

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Retail Millennials Online Survey 100

PYMNTS

NOVEMBER 13, 2019

The third quarter of 2019 saw decreased revenue for meal kit subscription service Blue Apron, a company that is struggling to stay afloat in the increasingly saturated subscription commerce market. Retail Subscriptions Rank High in Spending. Streaming and online gaming subscribers run younger than consumer retail products subscribers.

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Retail Millennials Online Survey 105

PYMNTS

OCTOBER 7, 2020

By the time retailers get to Black Friday , they will have worked through almost two months of sales events – both proprietary and otherwise – from competitors ranging from Amazon to Target to Walmart. In fact, a PYMNTS data project that studied Black Friday in 2019 found that only 20.2 And then there are the millennials.

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Millennials New York City Retail Study 241

PYMNTS

DECEMBER 6, 2019

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. Millennials Were Black Friday’s Big Spenders in 2019. Millennials were the big Black Friday spenders , shelling out an average of $509.50 in Q3 2019 .

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Millennials Colorado Google Leadership 101

PYMNTS

DECEMBER 26, 2019

Change came from various areas for retail in 2019. Retail merchandising was, at best, a hit-or-miss system in its heyday, Nextail CEO and Co-Founder Joaquin Villalba told PYMNTS in a recent conversation. Analytics, too, was another hot spot for retail change in 2019 and will continue to be for the 2020s.

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Retail Trends Analytics social media 132

PYMNTS

DECEMBER 9, 2019

The Buy Now, Pay Later Tracker shows that flexible retail solutions can unlock the purchasing power of Generation Z and millennial shoppers. consumers are expected to spend during the 2019 holiday season. 52 percent: Share of millennials who believe it is acceptable to take on debt during the holiday season.

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Millennials Retail Data Payments 131

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.”. expat effort.

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Retail Marketing US Connecticut 132

PYMNTS

JANUARY 8, 2019

The world of 2019 is quickly gearing up to become quite a different place than the year we just left behind. 55 percent: Share of voice-activated speaker-owning bridge millennials who have used their devices to make a purchase in the last week. 73 percent: Share of drivers who connected to the internet during their commutes.

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Data Pennsylvania Millennials Mobile 129

PYMNTS

NOVEMBER 15, 2019

28, which is six days later than last year — meaning retailers have a whole week less to sell during the holidays. What does this mean for retailers heading into the holiday shopping season? The heaviest users are millennials, members of Generation X and bridge millennials. Retailer App Trends. Nearly half (46.3

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Retail Mobile Millennials Tools 124

PYMNTS

JANUARY 1, 2019

Here’s a 2019 prediction that we guarantee will come true: There will be no human being or business adamantly hoping to be paid slower in 2019 than they were in 2018. We also guarantee that this prediction will hold, regardless of who one is talking about or the use case to which it pertains.

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Payments Industry Millennials Groups 198

PYMNTS

FEBRUARY 14, 2020

We have deep dives into unattended retail, rapid settlements and cybersecurity, as well as news on Mastercard receiving the go-ahead from China’s central bank to set up a bank clearing business. That’s a real change from the drubbing analysts have mostly given Uber since it went public in May 2019. As of Friday (Feb.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

MAY 2, 2019

The company said the changes will go into effect on May 9, 2019. The payment company said research shows millennials are spending the most on groceries, streaming and commuting. “If I had to pick, I’d argue that the best potential fits are older millennials and Gen Xers. supermarkets and 3 percent cash back at U.S.

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Millennials Cards Lending Industry 111

PYMNTS

DECEMBER 24, 2018

But in hopes of hopping on the holiday bandwagon — and providing data-backed insight in the hottest payment trends for 2019 — allow us to offer this list of a dozen ways that consumers (and some businesses) are paying now, methods that promise to play big roles in 2019. 2: With Their Voices. 3: Via Automatic Payments.

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Cards Payments Mobile Millennials 207

PYMNTS

APRIL 30, 2019

According to Will Byrne, CEO of Worldnet Payments , the kiosks and smart shelves that are gaining traction across any number of commerce and retail settings may even shift the employment picture a bit. The Changing Retail Footprint. As unattended retail notches an increasing footprint, said Byrne, other use cases will also emerge.

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Retail Data Operations Payments 138

Gonzobanker

DECEMBER 20, 2019

GonzoBankers, 2019 was a year of extremes. Third, read and enjoy the 2019 edition of the GonzoBanker Awards, our 18 th. Mark Turner, Executive Chairman of the Board, WSFS Bank – We have to give the nod to an early 2019 retirement of Turner, who had one hell of a run in 12 years at the helm of a great community and wealth bank.

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Idaho Conference Data Marketing 148

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. As investor preferences shift, download our free 106-page fintech report to see what trends to watch in 2019. As investor preferences shift, download our free 106-page fintech report to see what trends to watch in 2019.

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Millennials Fintech Trends Report 77

PYMNTS

NOVEMBER 4, 2019

According to a new LexisNexis study , overall retail fraud attempts doubled year-over-year and tripled since 2017. The rise of mobile commerce and selling of digital goods has added to retailers’ fraud problems. In fact, North America’s top 1000 online retailers have sold $143 billion worth of goods to customers outside the U.S.,

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Fraud Retail Online Study 124

PYMNTS

JANUARY 16, 2020

Convenience is key in the retail sector, especially in eCommerce, where merchants with frustrating or complicated online shopping processes can easily lose customers. Avoiding such an exodus means retailers must be flexible when developing the tools consumers use to make purchases. How Millennials Are Driving BNPL Growth.

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Millennials Mobile Retail Branding 130

Bank Innovation

APRIL 19, 2019

based online-only bank, Ally Financial, had 120,000 new deposit customers in the first quarter on 2019, CEO Jeff Brown said on the bank's 1Q earnings call Thursday, bringing the Ally’s total depositor count to 1.77 The Detroit, Mich.-based million — a 20% YoY increase.

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Detroit Millennials Online Capital 186