PYMNTS

APRIL 5, 2019

In the latest staff report from the New York Federal Reserve , titled “Trends in Household Debt and Credit,” it is noted that one of the features of debt is that it can “provide access to assets.”. Against this backdrop, we find, then, that millennials do not embrace credit cards as readily as other groups of users.

Millennials 115

Millennials New York Fintech Cards 115

PYMNTS

APRIL 24, 2018

When it comes to stock market picks, Wall Street investors are placing their bets on the buying power of the millennial generation. Horton, which he believes should get a boost as more millennials become first-time homebuyers. I like to call this chart ‘millennials can’t cook,’” Ran said. homebuilder D.R. In fact, D.R.

Millennials 100

Millennials NV United States New York 100

American Banker

NOVEMBER 7, 2023

credit card balances continue to march above $1 trillion, the number of newly delinquent credit card users now exceeds the pre-pandemic average and millennials and those with student or auto loans are driving the increase in past-due payments, the New York Fed said.

New York 85

New York Cards Millennials Payments 85

PYMNTS

AUGUST 23, 2016

Credit card issuers will be encouraged by the latest data from The New York Fed. Among the Millennial generation, the level of credit card debt is at its lowest level since 1989, when data collection began. There are plenty of reasons for Millennials to avoid credit cards, including historic levels of student loan debt.

Millennials 100

Millennials Data Cards New York 100

PYMNTS

OCTOBER 7, 2020

COVID-19 shows no signs of abating – in fact, fears of a second wave have already hit New York City, among other metro areas. And then there are the millennials. Millennials spent an average of $509 on Black Friday in 2019, with bridge millennials coming in at $479. consumers representing some $112.5

Millennials 241

Millennials New York City Retail Study 241

PYMNTS

FEBRUARY 7, 2017

While most millennials were brought up in the age of the computer, baby boomers can remember a time when they weren’t surrounded by technology. It’s a peculiar dichotomy to compare millennials to their parents’ generation, the baby boomers. percent, millennials (who are in part to blame for this) aren’t the main contributing factor.

Millennials 100

Millennials social media Boston New York City 100

PYMNTS

DECEMBER 19, 2016

While they enjoy many FinTech innovations, most millennials don’t have a snowball’s chance of earning more than their parents — ever. It’s one thing for the millennial offspring of the billionaire hedge-fund scions to fall short of making a billion because they only manage to pull down $760 million a year. It’s a fact. population.

Millennials 100

Millennials Fintech Cards Groups 100

PYMNTS

MARCH 9, 2016

It took traditional media outlets a few extra years to figure out that millennials don’t quite care for getting their news and entertainment from the same places their parents did, but now that the cat’s out of the bag on these consumers’ on-the-go smartphone habits , brands everywhere are scrambling for a piece of the mobile pie.

Millennials 100

Millennials Branding Mobile New York 100

Perficient

FEBRUARY 10, 2021

In an article from NPR , Jeremy Novich, a clinical psychologist from New York City, said it best: ”You can’t have the vaccine distribution be a race between elderly people typing and younger people typing. That’s not a race, that’s just cruel.”.

New York City 484

New York City social media Community System 484

Bank Innovation

APRIL 1, 2016

Messaging apps dominate smartphone use, particularly by millennials, so shouldn’t banks want to be where their customers are? At FinDEVr in New York Wednesday, CEO Kamal Budhabhatti Read More. Craft Silicon, based in Nairobi, Kenya, certainly thinks so.

New York 150

New York Millennials social media Technology 150

PYMNTS

SEPTEMBER 21, 2016

A little over a week after Tim Gunn excoriated the fashion industry for its plus-sized hostility, H&M has decided to pull plus-sized clothes out of all New York City locations, according to Revelist , an online news site aimed at millennial women.

New York 100

New York New York City Millennials Trends 100

PYMNTS

SEPTEMBER 27, 2017

In fact, a study by NeighborWorks America, a nonprofit that helps promote access to homeownership, found that one in four millennials have delayed buying a home because of student debt – and half of millennials said they worry about their student loans all or most of the time.

Millennials 103

Millennials Miami New York America 103

PYMNTS

MARCH 2, 2016

Baby Boomers practically grew up on the stuff — and the games on the side of the boxes — but, true to form, their millennial counterparts have different plans. At least, that’s the case for the 40 percent of millennials who said eating a bowl of cereal is just too much work that early in the morning. So said Mintel’s U.S.

Millennials 100

Millennials New York Taxes Google 100

PYMNTS

MAY 5, 2020

trillion, according to a CNBC report that cited the New York Federal Reserve. The changes were disproportionately skewed young, as over 30 percent of Gen Z, millennial and Gen X credit card holders reported the new restrictions, while only around 8 percent of baby boomers said they’d had it happen to them.

US 188

US New York Cards Millennials 188

PYMNTS

APRIL 24, 2017

On the slightly more serious side of the payments news this week, BJ’s Wholesale Club looks like it’s going up for sale — and the rumor of the week is that Amazon is thinking about buying it. The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. IHG’s Big Hack.

Millennials 109

Millennials Cards New York Branding 109

PYMNTS

JUNE 21, 2018

The old model of opening a retail store with merchandise as a main focus of the space may not appeal to today’s consumers – millennials in particular. They are also an experimental bunch, with 30 percent of them having tried a new merchant in the past month, according to the PYMNTS Connected Consumer Playbook.

Millennials 109

Millennials Fort Worth Los Angeles San Francisco 109

PYMNTS

MAY 7, 2018

Popular in New York City, free drink tickets are sometimes handed to people who may know the owner or manager of a high-end bar. Through the app, members of Hooch’s subscription service can have one drink a day at around 500 select bar locations from New York to Hong Kong.

Millennials 102

Millennials New York City New York Survey 102

PYMNTS

SEPTEMBER 1, 2020

online wholesale retailer sometimes called “Costco for millennials,” is seeking a buyer, Reuters reported. Boxed, based in New York, offers sales of fresh groceries, office supplies and more. Boxed , the U.S.

Online 205

Online New York Millennials Maine 205

PYMNTS

OCTOBER 23, 2020

Demographic shifts are playing a role as realtor.com noted that almost half of millennials, 49%, “pushed up their plans to buy” housing due to the pandemic. A survey revealed that about three-quarters of millennials surveyed are now working remotely. Home sales in that region were up more than 40 percent.

Survey 227

Survey Maine New York Millennials 227

PYMNTS

JUNE 2, 2016

Dormify, a dorm decor startup, seems to have cracked the email marketing code for millennials and Gen Z buyers. The New York-based e-tailer has seen a 92-percent increase in revenue from email marketing and has doubled its web conversion rate.

Millennials 100

Millennials Marketing social media Strategy 100

PYMNTS

MARCH 8, 2017

While millennials aspire to seek out meaningful experiences, they don’t necessarily have the spending power that enables them to do so. While on the other side of the coin, there are millennials who like to go out in groups, with budgets that may be more restricted but with time to go out more frequently. KW: How do you make money?

Millennials 101

Millennials Boston social media Groups 101

PYMNTS

AUGUST 3, 2020

With Pay It Plan It and Pay Over Time features, Amex card members have more ways to pay for purchases , accessible from the Amex app, the New York-based financial services corporation said. Millennial and Gen Z comprise 44 percent of the plans created. The average BNPL purchase is $789.

Cards 205

Cards New York Millennials Payments 205

PYMNTS

JANUARY 11, 2021

11), New York State became the first to act on behalf of them. New York’s vaccine eligibility pool has been expanded to include grocery store workers, among other groups, according to the state’s Department of Health. For grocery workers, who are deemed in the “essential” retail category, relief has been slow in coming.

Millennials 154

Millennials Los Angeles Sacramento New York City 154

PYMNTS

JULY 8, 2020

Bloomberg also reported that page views for Zillow’s suburban listings outside of formerly hot urban areas like New York City and San Jose, Calif., There’s [also] a lot of demand for rental homes that we’re seeing because people are fleeing especially hot spots like New York.”. rose as much as 10.5

New York City 144

New York City San Jose New York Seattle 144

PYMNTS

JUNE 1, 2019

Older adults tend to own, while younger adults skew much more heavily toward renting – particularly millennials, for whom homeownership is lower than other generations at the same point in their lives. A group of non-Catholic, non-religious, social justice-minded millennials moved into a convent to live with the nuns for six months.

San Francisco 156

San Francisco Millennials New York Wichita 156

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

FEBRUARY 6, 2020

Used to be that you went to Fashion Week in New York to rub elbows with Tom Ford, Ralph Lauren and Stella McCartney. Klarna has melded New York Fashion Week glitz with experiential retailing this year. This year, however, the power positions are likely to be filled by Jeff Bezos, Denise Incandela and David Sykes.

Retail 142

Retail New York Branding Millennials 142

PYMNTS

DECEMBER 10, 2020

It’s also a play to capture TikTok’s Gen Z and millennial audience. After announcing a test of shoppable Reels in October, the company has formalized the effort with a global shoppable video rollout. Comscore data says the share of U.S.-based based TikTok users between 25-34 years old increased from 22.4 percent in January to 27.4

social media 257

social media Video Branding Online 257

PYMNTS

JANUARY 15, 2020

Millennial consumers are a mobile group – according to data analysis by FiveThirtyEight , the average millennial makes 12 moves between moving out of their parents’ home at college graduation and buying their first home. Why would you want to be saddled with furniture?”.

Millennials 131

Millennials Pennsylvania New York Groups 131

PYMNTS

FEBRUARY 1, 2018

The move comes as consumers — particularly millennials — are opting for furniture subscriptions through startups like Feather. The American dream has changed [for millennials ],” Jay Reno, Feather’s founder and CEO, told PYMNTS’ Karen Webster in an interview. “The

San Francisco 128

San Francisco New York City Millennials New York 128

PYMNTS

OCTOBER 9, 2018

Omnichannel features are becoming more crucial as tech-savvy millennials gain more spending power and influence, according to the PYMNTS Enterprise Retail Grocery Report. In July , Amazon expanded its Prime Now grocery delivery service by adding more areas of New York City along with three cities in Florida to the platform.

Seattle 139

Seattle New York Milwaukee Online 139

PYMNTS

JANUARY 22, 2020

Titled “Why the Future of Merchant Payments Requires a Digital-First Approach,” the webinar generally revolved around questions related to the development and ongoing rise of omnichannel commerce — already a major topic in the payments and commerce world in these first weeks of the new year. Trust Issues.

Retail 137

Retail Millennials New York City social media 137

PYMNTS

JANUARY 15, 2019

Visa said Monday evening at a New York gathering in anticipation of the launch that events through a year-long campaign will include interactive workshops, tailored on a community-by-community basis. Kereere said that to date there has been “not enough conversation” around the issues that are being explored through the new program.

Atlanta 189

Atlanta New York social media Community 189

PYMNTS

FEBRUARY 6, 2019

Jet is the first to have a slew of different Knick Knacks for same-day or following-day delivery across the New York City area. 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

JULY 2, 2018

And while WeMrkt is in one Manhattan location today – the official plan is to expand the the concept through out New York at first – and then eventually nationwide. The firm has already opened co-living communities in New York and Washington DC. The products are generally supplied and created by member firms.

Retail 104

Retail New York City New York DC 104

PYMNTS

DECEMBER 15, 2019

More consumers are creating their own gifts, opting for experiences, gifting and receiving used goods, asking for charitable contributions, or asking for nothing during the holiday season , The New York Times reported. A desire for experiences, homemade gifts and secondhand products has been on the rise since 2016.

Survey 140

Survey US New York Millennials 140

Independent Banker

NOVEMBER 21, 2021

The native New Englander has worked in management consulting and composting and lives on a farm with his wife, kids, chickens and sheep. Cummings says Walden Mutual’s mission is to support New England’s emergence as a leader in sustainable and local food. Charley Cummings is CEO of Walden Mutual.

Community 170

Community New Hampshire New York Millennials 170