Remove 2006 Remove Community Remove Millennials Remove Online
article thumbnail

Boomers Vs. Millennials: Holiday Shopping … In September?

PYMNTS

It’s still technically summer for a few more days, but we already know how shoppers — Baby Boomers and millennials — are going to shop this holiday season. percent year on year, the slowest rate of growth since 2006. But how are Baby Boomers and millennials going to gift this year? So, what are millennials buying?

article thumbnail

12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bankers and Strategic Bets. A Slow Embrace.

Jeff For Banks

How do we balance strategic direction, customer demand, and the futurist or wildly over-caffeinated millennial that tells us we have to implement every shiny new object or we'll die? Six years ago I asked in a blog post Will Plain Vanilla Kill Community Banking ? Maybe those millennial futurists don't remember this.

Apple 65
article thumbnail

How About Profits in the Branch of the Future?

Jeff For Banks

Malls are experiencing difficulty in the United States, as millennials opt for smaller, urban environments to shop. And the rest of us are increasingly buying online. This is down from 4.17% for banks and 2.51% for thrifts in 2006. mBank’s light branch depicted above is located in a mall. Not very inspiring.

article thumbnail

We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” Bankrate found 83% of millennials don’t think they’ll ever retire: they simply “don’t think they’ll have the money” to do so.). In aggregate, they command $1.3 trillion in annual spending.

Tools 78
article thumbnail

Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

In 2006, investment banks were at the top of the finance world. Dream Exchange, which describes itself as the first minority-owned exchange in the world, intends to launch in 2021 and aims to create a more inclusive trading environment for smaller companies and empower minority communities. Over the next 2 years, everything fell apart.