PYMNTS

MAY 20, 2017

Are millennials eating too many avocados on toast for their own good? The crux of the debate is this: are first- time home sales down because, given the choice of a two car garage and a yard in the suburbs, millennials have, en masse, decided they’d rather enjoy a more richly-delicious brunch experience, week in and week out?

Millennials 119

Millennials San Francisco New York New York City 119

PYMNTS

MARCH 9, 2020

Retail frequently adapts well to the new technologies or tools consumers might be using to shop, but repricing goods to accommodate customers who are wary of overspending is often out of its reach. This is prompting retailers outside the luxury space to explore buy now, pay later (BNPL) options. Brands in Australia, the U.K.

Retail 131

Retail Millennials Cards Branding 131

PYMNTS

JUNE 7, 2020

The world of physical retail is slowly beginning its grand reopening. In the Southeastern United States, where social distancing rules have been relaxing over the last several weeks, retail stores are already open for business, albeit under new restrictions. percent, down from its April 11 peak of 69.5 percent and 65.2

Retail 131

Retail New York City New York Massachusetts 131

PYMNTS

FEBRUARY 21, 2020

What Canada Goose did was invest in its North American sales by encouraging consumers to stress-test their current jacket and consider a new one even though the inventory for their obvious suggestion wasn’t front and center. It was created ostensibly to promote its new Toronto store. Experiential Retail Expands.

Retail 141

Retail Miami Millennials social media 141

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

DECEMBER 12, 2019

The obituary for brick-and-mortar retail has been written many times. But recent developments show there is still life — and perhaps even new life — in physical commerce. The results of a new survey found that most people — around 77 percent — plan on returning some of their gifts this holiday season, according to reports.

Retail 131

Retail Milwaukee New York City New York 131

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

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

JULY 2, 2018

WeWork – the ever expanding office-sharing mega-firm- is officially kicking off its launch into retail. The new concept – titled, WeMrkt – within one of its early WeWork locations in downtown NYC. The firm has already opened co-living communities in New York and Washington DC. It’s name?

Retail 104

Retail New York City New York DC 104

PYMNTS

APRIL 26, 2019

Floravere , for instance, opened its first brick-and-mortar location in New York City’s Tribeca neighborhood — a space that it says “reimagines shopping for one of the world’s oldest traditions.”. Beyond Floravere, other wedding retailers have opened up brick-and-mortar stores in New York City and its greater metropolitan area.

Branding 123

Branding Retail New York New York City 123

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. In the U.S. 2015, to $19.8 2016 to $20.4

New York 100

New York New York City Millennials Trends 100

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. Hard, cold choices are usually involved. More Consumer Appeal.

Retail 131

Retail New York City Exercises New York 131

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

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. these days.

Millennials 109

Millennials Cards New York Branding 109

PYMNTS

JUNE 7, 2019

It’s hard to tell from the PYMNTS New Orleans bureau (where crawfish have given way to punishing sub-tropical heat), but U.S. That, in turn, reportedly provides another opportunity for the emerging and growing legal cannabis retail sector. Take luxury retail , for instance. consumers are drinking less beer.

Retail 124

Retail Industry New York Millennials 124

PYMNTS

SEPTEMBER 12, 2016

The rise of eCommerce , the push toward omnichannel shopping platforms, the increasing relevancy of social media on shopping habits and the development of the Internet of Things to plumb every last morsel of data on customers and what they spend money on are all rapidly and drastically altering the face of retail.

Retail 100

Retail Millennials Study social media 100

PYMNTS

MARCH 1, 2019

Brick-and-mortar fashion retailers are developing in-store experiences to encourage customer loyalty. markets, aiming to generate repeat visits as part of its experiential retail efforts. L Brands plans to close approximately 53 Victoria’s Secret locations this year as it curtails investments in new and renovated stores.

Branding 129

Branding Retail Columbus Las Vegas 129

PYMNTS

DECEMBER 10, 2020

It’s also a play to capture TikTok’s Gen Z and millennial audience. With retail foot traffic declining and the commoditization of online shopping rising, there is a loss of consumer loyalty online. After announcing a test of shoppable Reels in October, the company has formalized the effort with a global shoppable video rollout.

social media 257

social media Video Branding Online 257

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

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

Retail 135

Retail Branding Course Charlotte 135

PYMNTS

JULY 8, 2019

In a new PYMNTS interview, Andrei Cherny, CEO at Aspiration Bank, shares with Karen Webster his experience in building this new retail banking concept over the last four years. What we’ve really done is create this category of socially conscious, sustainable retail banking that really didn’t exist before,” Cherny said. “We

Retail 116

Retail New York City Millennials Boston 116

PYMNTS

DECEMBER 5, 2017

According to news from Bloomberg on Monday (Dec. 4), SoulCycle recently launched a line of workout clothing in collaboration with New York City-based streetwear company Public School. Past SoulCycle retail collaborations have included Free City, Solid & Striped LLC. and Target Corp, among others.

New York City 133

New York City Retail Branding New York 133

PYMNTS

DECEMBER 12, 2017

Brick-and-mortar retail is often written off as a casualty of the digital age, but the numbers tell a different story. While there are a variety of estimates and ranges out there, the hard facts reveal that about 90 percent of retail transactions take place in a physical store. Digital commerce is growing — and growing very quickly.

Retail 102

Retail Branding Online Customer Experience 102

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 million U.S.

New York City 144

New York City San Jose New York Millennials 144

PYMNTS

AUGUST 9, 2019

Make room for more contextual commerce and more retail innovation in the travel sector. That’s the view from one of Google’s latest retail-associated launches, an airfare insight and travel recommendations offering. The travel industry also is the site of recent retail-oriented innovation. Contextual Commerce. Habibi asked.

Google 144

Google New York social media Retail 144

PYMNTS

DECEMBER 7, 2018

Big retailers are opening smaller-format stores in major U.S. Already, the retailer has opened a Planning Studio across the pond in London in October. In the announcement, IKEA Retail U.S. He noted that New York was a “natural choice” as it is “the most vibrant, dynamic city in the US.”

Retail 122

Retail San Francisco Arizona Los Angeles 122

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

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. Most reportedly purchased new merchandise. Analysts started to notice the trend at the time.)

Survey 140

Survey US New York Millennials 140

PYMNTS

MAY 13, 2016

With traditional brick-and-mortar retail facing big problems , some chains are addressing them with small solutions. Is this a viable answer to the beating that Sears’ bottom line (and that of many other one-time stalwarts of brick-and-mortar retail) have been taking in recent years? Specifically, with small(er) stores.

Retail 100

Retail San Diego Los Angeles Colorado 100

PYMNTS

FEBRUARY 11, 2020

Called See You Tomorrow , its “re-commerce experience” will include an online marketplace and brick-and-mortar location housed in the Nordstrom New York City flagship store on 5th Avenue. percent of StockX sales had a retail multiple of 1x to 2x , meaning that resale prices were between zero and 100 percent over retail.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

AUGUST 28, 2018

What about retail stores, restaurants and hotels? Technology is making it easier for the workforce to put in the daily eight (or 10, or 12) hours from their own homes, but another change is taking place: Using commercial space left behind by retailers, or in eateries or hotels, as communal areas of work. WeWork Efforts.

Retail 101

Retail New York City Arizona United States 101

PYMNTS

JUNE 11, 2018

But at roughly the same time that Markle was modeling their wares at a royal gathering, Club Monaco was doing something designed to perhaps push an even greater “pop” for their retail presence than the enthusiasm of a princess (or, technically, duchess). Pop-up stores.

Retail 101

Retail Los Angeles Branding New York 101

PYMNTS

MAY 20, 2019

Kiosks are increasingly becoming part of the retail landscape. As reported in the latest Unattended Retail Tracker , done in partnership between PYMNTS and WorldNet Payments, unattended retail is gaining traction worldwide, on the heels of growth in consumer demand and as employers look to increase their operating profits.

San Francisco 170

San Francisco Retail Philadelphia Cards 170

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. Nearly 17 percent of consumers say having the ability to scan and pay with a mobile phone is the most important factor when choosing a grocery retailer.

Seattle 139

Seattle New York Online Milwaukee 139

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. Most reportedly purchased new merchandise. Analysts started to notice the trend at the time.)

Survey 131

Survey US New York Millennials 131

PYMNTS

FEBRUARY 13, 2017

In acquisition news, Kroger recently announced its acquisition of iconic New York City-based cheese shop Murray’s Cheese. million last month to purchase the retail condo housing Murray’s flagship store, affiliated classrooms, as well as its catering and event operations. consumer retail food and beverage spending.

New York City 123

New York City Millennials New York Online 123

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