PYMNTS

FEBRUARY 26, 2020

After Nordstrom and Macy’s recently launched high-end resale retail platforms, Gap has now joined them. And lest you think it’s a bit of desperation move for struggling retailers, guess again. Instead of receiving cash they get a credit with the retail partner. Resale is becoming mainstream.

Chicago 131

Chicago Retail Michigan Branding 131

PYMNTS

JUNE 10, 2016

Speaking at a trade conference in Chicago earlier this week, Facebook’s Head of U.S. E-Commerce Jeremy Lewis made his pitch for mobile for retailers, saying that it’s no longer optional because it is undeniably the future. Millennials want mobile apps, while older users still prefer the mobile web.”.

Retail 100

Retail Mobile Video Chicago 100

PYMNTS

JUNE 27, 2017

Chicago-based men’s grooming line Oars + Alps is hoping to change that with its $1.3-million Our goal is to create a year-round skincare line for millennials guys. We aim to own exceptional men’s skincare online, without the typical retailer’s markup and toxins. million round of seed funding.

Millennials 115

Millennials Chicago Capital Online 115

PYMNTS

SEPTEMBER 19, 2019

The play areas will open toward the end of October at Buckhead’s Lenox Marketplace in Atlanta as well as on North Michigan Avenue in Chicago. It was created by Zac Hartog, events and production design expert; Jackie Sorkin, candy artist; and John Goodman, retail executive. And it had roughly 1,600 stores globally.

US 101

US San Francisco Michigan Atlanta 101

PYMNTS

APRIL 27, 2016

In New York City, the tab apparently averages out at around $82,299, while in Chicago the proper celebration of eternal love and fealty runs at about $61,265. Wedding dresses in the past, explained Brittanny Carter, industry analyst at IBISWorld, were sort of a tricky proposition for retailers. And those are just the averages.

Retail 100

Retail social media United States New York City 100

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

JULY 10, 2019

Kohn said that he felt like Asian flavors were on trend after research, especially with millennial crowds and those in the demographic looking for out-of-the-box flavor profiles. The company is also focusing on local retail around Chicago. They want something different,” Kohn said. The Meat Snack Market.

Innovation 140

Innovation Payments Millennials Retail 140

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 Over the past few years, Amazon has invested billions of dollars in establishing a presence in India’s fast-growing online retail market. in 2017, said GeekWire.

Millennials 100

Millennials New York City Retail Online 100

PYMNTS

FEBRUARY 11, 2020

According to “The State of Consumer Spending: Gen Z Shoppers Demand Sustainable Retail” from FirstInsight , 62 percent of Generation Z survey participants prefer to buy from sustainable brands, on par with millennials. More than 27 percent of orders had retail multiples less than 1x, which means they sold for under retail.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

MAY 8, 2018

Kiosk Meets Retail. A few years after the introduction of Lappe’s kiosk, the Florsheim Shoe Company decided to bring self-service kiosks into its retail stores. And the Chicago Tribune noted in 1987 that other retailers such as Levi Strauss & Co. The system was created by California-based ByVideo Inc.

Illinois 104

Illinois Chicago Retail Examples 104

PYMNTS

SEPTEMBER 6, 2017

The New York City startup ships foam mattresses, folded up in a box, directly to customers’ doors, making it popular among urban, millennial and college demographics. These shops will be open in cities such as New York, Los Angeles and Chicago through spring 2018. in October.

Online 100

Online Company Los Angeles New York City 100

PYMNTS

FEBRUARY 28, 2018

After experimenting with pop-up shops, mattress retailer Casper has decided to open a permanent store. At the time, the company said the shops were open in cities such as New York, Los Angeles and Chicago through spring 2018. The company’s first brick-and-mortar location will be in New York City, The Washington Post reported.

New York City 100

New York City Los Angeles New York Chicago 100

PYMNTS

MAY 19, 2016

While that may sound like a line from a self-help book, it’s actually a business strategy that more and more retailers are adopting. A concept that may not seem so novel is actually driving some impressive growth for retail chains across the country and around the globe. Stores within stores. And that growth has continued.

Retail 100

Retail New York City Strategy Millennials 100

PYMNTS

AUGUST 15, 2019

Standard will open its seventh hotel in the Maldives by October and plans to open another 15 in cities including Chicago, Paris, Jakarta and Melbourne. Lalvani said most of the firm’s expansion will be in Asia , where 60 percent of the world’s millennials are based.

social media 100

social media Chicago Millennials Online 100

PYMNTS

AUGUST 23, 2019

The Chicago-based company revealed that CFO Michael Randolfi, who has been with the company since 2016, is resigning, effective Friday (Aug. A study by eMarketer shows that most people, especially millennials , prefer to chat or message instead of calling on the phone. Groupon’s chief financial officer has stepped down.

Chicago 145

Chicago Millennials Tools Study 145

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. Black Friday has become an increasingly artificial phenomenon, driven more by retailer promotion than by its date on the calendar,” said Schrieber. So Why The Switch?

Fort Worth 100

Fort Worth Los Angeles Millennials Retail 100

PYMNTS

AUGUST 4, 2016

Passport has designed similar mobile applications for the transportation systems in Chicago, Toronto and Boston. Millennials Eschew Bank Mobile Wallets. The study found that both millennials and non-millennials want to use mobile to manage finances, and cash is becoming less important to both groups.

Samsung 100

Samsung Google Mobile Millennials 100

PYMNTS

JANUARY 17, 2020

That matters because as time goes by and existing cities become prohibitively expensive — think San Francisco, New York City and Los Angeles, with Chicago, Boston and other areas not far behind — many younger, well-educated consumers are making moves to exurban or even rural areas, or smaller cities. communities. Government Efforts.

Payments 131

Payments Los Angeles San Francisco New York City 131

PYMNTS

AUGUST 12, 2019

No offense against Groupon, the relatively longstanding online discount provider, but the spotlight hasn’t been shining so brightly on the Chicago-based company in recent years. A study by eMarketer shows that most people, especially millennials , prefer to chat or message instead of calling on the phone. More Losses.

Cards 100

Cards Online United States Chicago 100

PYMNTS

FEBRUARY 10, 2020

The company’s target market includes Gen Z and millennials. The company offers rooms in markets like New York, San Francisco, Nashville, New Orleans, Chicago and Orlando. Their profiles will display a blue checkmark once they are verified.

Las Vegas 142

Las Vegas San Francisco Nashville Chicago 142

PYMNTS

SEPTEMBER 24, 2019

That number is higher among millennial and Generation X respondents, at 77 percent and 63 percent, respectively. Nearly one-third of millennials would prefer to do their banking exclusively online and eschew branch locations entirely. and the largest in Illinois with more than 450,000 members and $11 billion in assets.

social media 111

social media Millennials Illinois Strategy 111

PYMNTS

FEBRUARY 27, 2018

The ride — from a Chicago suburb to O’Hare International Airport and back — would normally cost $120. Whipster seeks to serve a variety of riders, including millennials who’re looking for a new way to get around cities. The entire millennial generation is really contemplating modern travel in the urban area,” Olinger said. “The

Tampa 103

Tampa Millennials San Diego Illinois 103

PYMNTS

NOVEMBER 7, 2019

7), the transit-as-a-service operator is offering car and truck owners looking to offload their vehicles a deal: Sell those vehicles via online retail service Carvana and get in return $250 worth of Lyft credits, plus three months of free membership in Lyft’s new Lyft Pink membership subscription program.

Los Angeles 101

Los Angeles San Francisco Software Millennials 101

PYMNTS

SEPTEMBER 27, 2016

Cohen owns a national distribution network and deals with some of the nation’s biggest retailers. His aim is to change the way that the thousands of cases of retail goods are stored, handled and hauled. But it’s not just the retailers trying to cut costs who are embracing technology.

Mobile 100

Mobile Payments Los Angeles California 100

PYMNTS

MAY 17, 2018

SkyHi focuses on offering shorter flights from New York to Chicago or New York to Miami. SkyHi’s bread and butter is leisure travelers, particularly millennials between the ages of 23 and 27. The Business Plan. However, there are just so many planes running that route that there a lot of empty seats.

Los Angeles 110

Los Angeles New York Metro New York City 110

PYMNTS

JANUARY 24, 2018

Here’s another one: A Florida clothing retailer needed to move a bunch of mannequin arms and legs up to Wisconsin. As an added bonus, if there’s anything millennials love more than the sharing and gig economies , it’s a business that has retained some level of human interaction.

Las Vegas 121

Las Vegas Millennials Alabama Wisconsin 121

PYMNTS

MAY 10, 2017

The pilot is currently underway in locations in and around Chicago, Ill.; 84 percent of millennials noted hat the ability to easily prepare a meal in heir room would make them feel at home while traveling; data from Nielsen also indicates that Americans prefer eating home-cooking at least 4 nights a week. Philadelphia, Penn.;

Raleigh 100

Raleigh Charlotte Philadelphia Chicago 100

William Mills

AUGUST 17, 2016

While this year will be remembered for: fintech labs and partnerships with traditional FI’s; the rise of millennials; and a push for real-time payments; I’ve been thinking a lot about how to gauge disruption and how we should view the messengers. The BAI Beacon 2016 conference is October 5-6 at McCormick Place, Chicago. MBA Annual.

Conference 40

Conference Innovation Las Vegas Colorado 40

CB Insights

MARCH 26, 2019

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

Millennials 78

Millennials Industry Trends Branding 78

PYMNTS

AUGUST 6, 2018

But like the shift from physical to online retail, online ordering is a space that’s growing rapidly, driven by the consumer’s desire for convenience — regardless of whether that online order is delivered or picked up and taken out of the restaurant to eat somewhere else. The Amazon of Restaurants.

Online 125

Online Branding Mobile Millennials 125

PYMNTS

JUNE 21, 2019

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. By the same token, Capital One has brought three Capital One Cafes in Chicago.

Chicago 120

Chicago New York City Florida Miami 120

PYMNTS

MAY 3, 2016

Those firms are considered higher-tech, more urban and more millennial-focused. Having been founded over 20 years ago in Chicago — and owned entirely by Ahold since 2001 — it is by no definition a startup. There is a reason that it often doesn’t get mentioned in the same breath with the biggest players in the online grocery game.

Software 100

Software Illinois Management Chicago 100

CB Insights

JULY 17, 2018

Instead, new millennial-inspired and tech-infused dining trends have been emerging across the US and internationally. Many of yesterday’s casual dining brands are dying, but not because millennials “don’t eat out.” In the past decade, restaurant and bar purchases have grown at twice the rate of general retail spending.

San Francisco 69

San Francisco California United States CA 69

PYMNTS

MAY 29, 2018

If one were trying to come up with the most millennial-sounding product imaginable, it would be hard to do much better than an artisanal marshmallow. For two entrepreneurs in in Chicago, the artisanal marshmallow is not a concept, but a reality they’ve invested in heavily, perfecting and bringing to the world.

Millennials 101

Millennials Chicago Branding Study 101

PYMNTS

JULY 30, 2018

With millennials working multiple gigs, very few have enough time left to make a proper meal — if they aren’t eating out at a local restaurant. Blue Apron opened up an experiential pop-up retail location in New York City, which featured cooking classes and celebrity chefs. The pop-up opened after Memorial Day and closed in late June.

Industry 100

Industry Los Angeles Atlanta New York City 100

PYMNTS

MARCH 15, 2016

For example, men spend about four times ($233 per binge) more than women ($54), and millennials spend 75 percent more than Generation Xers and 40 percent more than Baby Boomers. However, this amount can vary based on the age and sex of the consumer in question (as well, presumably, as the amount of alcohol imbibed).

Rhode Island 100

Rhode Island Idaho Iowa Alabama 100

PYMNTS

OCTOBER 12, 2020

Millennials and bridge millennials (32- to 42-year-olds) are the demographic cohorts who have most shifted the time and day of their grocery shopping. We observe the same pattern in shopping for retail products, with a year-over-year increase of 86 percent in the number of consumers shopping for retail products during the week.

Innovation 292

Innovation Millennials Retail Study 292