Remove Exercises Remove Millennials Remove Retail
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Can Retail Investments Keep Up With Changing Consumer Desires?

PYMNTS

Thinking about the future, even in the most optimistic of times, is not always a pleasant exercise in crafting dreams and goals. The uncertainties ahead come as the retail industry is already grappling with challenges posed by shifting consumer tastes.”. Hard, cold choices are usually involved. More Consumer Appeal.

Retail 131
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‘Buy Now, Pay Later’ Combats COVID-19 With Payment Options

PYMNTS

We pay a price for not exercising, but conversely, gyms and online classes aren’t free of charge. point-of-sale (POS) form of lending that’s become a retail sensation around the world in recent years. point-of-sale (POS) form of lending that’s become a retail sensation around the world in recent years. Don’t Sweat It.

Exercises 173
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Installment Payments Push Sports-Equipment Sales Over The Finish Line

PYMNTS

Just 33 percent of millennials carry credit cards, for example, but this demographic and Generation Z combine to make up the largest BNPL market user base. These services are beneficial to businesses as well, with payment solutions provider PayPal finding that average receipt sizes rose 15 percent for the retailers that offered them.

Exercises 165
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Connected Consumers Are Ready To Buy — Given The Right Context

PYMNTS

Retailers lose out on an estimated $236 billion worth of sales annually because they create difficult or frustrating shopping and checkout experiences. That’s why it is important for retailers to meet consumers on their own terms. Connected consumers are ready to buy, as long as retailers can make the efficient, contextual sell.

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Deep Dive: How BNPL Services Incentivize Hikers To Spend More On Gear

PYMNTS

Millennial and Gen Z stereotypes often revolve around being tied to smartphones or computer screens, but these consumers love the outdoors just as much as their parents’ and grandparents’ generations. That also means retailers are missing out on selling the high-margin specialized equipment that drives much of their annual sales.

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The Fastest Growing Retail Categories Are…?

PYMNTS

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
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PayPal Invests In Extend As Merchants Seek New Ways To Boost Online Conversion

PYMNTS

Retailers] are seeing double-digit higher conversion rates when an extended warranty is shown – not on the extended warranty, but conversion rates on the product itself,” Levin said. PYMNTS’ Retail Product Insurance Study found just such growing interest in extended warranties among some 2,700 online shoppers surveyed.

Online 334