CB Insights

SEPTEMBER 4, 2019

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.

Millennials 78

Millennials Industry Branding social media 78

PYMNTS

FEBRUARY 23, 2016

While a National Retail Federation survey found that 65.5 percent) said that they had already made up their minds to send the funds to savings accounts rather than a retailer’s till. It’s just implausible to think that customers will run to traditional retail with their tax refunds in hand.

Taxes 100

Taxes Retail Millennials Survey 100

PYMNTS

NOVEMBER 11, 2016

According to the BDO Retail Compass Survey of CMOs, nearly 60 percent of marketers plan to leverage mobile in their marketing strategies this holiday season. Although less than 10 percent of marketers say they plan to focus on generic mobile coupons, retailers will be offering bargain hunters other ways to get a deal.

Mobile 188

Mobile Marketing Survey Marketing Strategies 188

PYMNTS

MAY 11, 2018

That’s one of the driving ideas behind a new service that Marriott International recently launched for Chinese travelers going overseas — a service that also helps to demonstrate how the country’s growing tourist class is changing payments and retail. Last year, the U.S.-based Marriott began working with Fliggy in August 2017.

Retail 129

Retail Payments social media Mobile 129

PYMNTS

JUNE 1, 2016

Politics and retail usually mix like oil and water. Hipmunk released data last week that showed bookings to Trump Hotels have suffered a marked decline ever since their namesake’s political campaign has been an issue in the national consciousness. percent from 2015 Q1 to 2016 Q1.

San Francisco 100

San Francisco Retail Las Vegas Cleveland 100

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

APRIL 9, 2020

consumers who had shopped in a physical retail location during the previous week. By that time the nation had accepted the COVID-19 pandemic’s inevitability, triggering a wave of stock-up buying of household supplies as face masks were suddenly everywhere, and major coronavirus-induced lockdowns commenced. “The percent in 2015 and 89.8

Mobile 140

Mobile Apple Cards Millennials 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 Back in 2015, the company launched its Prime Now service in Bangalore , which included some restricted and hyperlocal grocery delivery.

Millennials 100

Millennials New York City Retail Online 100

Gonzobanker

DECEMBER 22, 2015

Well, what do we say about 2015? And, give or take a stumble or two, we snuck through it and did a reasonable job on 2015 objectives, in our humble opinion. So, it seems we’re good with only one outstanding item—digest the 2015 GonzoBanker Awards! 2015 Executive Call-out. ” – Tom Armstrong. Bravo OZRK!

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

JULY 14, 2017

Shaping the future of retail is not a concept that shoots to the top of the list when the industry thinks of senior citizens. When it comes to senior citizens, the retail industry typically has reached out to share discounts , what stocks to buy or alerting them to various scams. Since 2001, the U.S.

Retail 109

Retail Survey Online Millennials 109

PYMNTS

SEPTEMBER 6, 2016

Driving sales this year has been good weather, which has kept foot traffic up (a challenge in 2014), though parents are increasingly looking only for value, especially millennial parents. All in, back-to-school sales rose 2 percent in July, compared with 1 percent growth in 2015 and 2014 and a 0.2

Millennials 100

Millennials Retail Survey Data 100

PYMNTS

OCTOBER 11, 2016

It has been Target’s stated goal since late 2015–early 2016 to get back some of the old “Tarjay” magic. For those who are not regular Dwellers, the design magazine is focused on hip design trends for millennial shoppers.

Retail 100

Retail Millennials National Trends 100

PYMNTS

JULY 18, 2016

This newfound cost consciousness is reshaping the retail industry in everything from spurring the rise of fast fashion at the expense of mall “anchor stores,” to the increasing popularity of off-brands or store brands in the supermarket, to the shift in the apparel business, to off-price retail outlets over full-priced department stores.

Branding 100

Branding Retail Study Portland 100

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. One hundred and ten (110) million U.S. consumers — 47.2

Apple 227

Apple Study Innovation Survey 227

PYMNTS

NOVEMBER 15, 2016

The retail chain has investigated urban farming and conducted food research with MIT. Whole Foods’ growth has slowed considerably since the beginning of 2015. In 2015, the National Retail Federation lauded supermarkets as the fastest growing retailer sector. Quick: What’s the fastest growing sector in food?

Retail 100

Retail Seattle Trends Millennials 100

PYMNTS

SEPTEMBER 26, 2016

In 2015 alone, propelled mainly by a wave of millennial consumers who seemed to make dining out more frequently a part of their lifestyles, the restaurant industry was both the fastest-growing retail industry and the largest retail sector. In March 2015, there were 340,778 independent restaurants in the U.S.

Industry 100

Industry Retail Groups Millennials 100

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. 2015, to $19.8 In the U.S. billion, and 3 percent in the 12 months ending Feb.

New York 100

New York New York City Millennials Trends 100

PYMNTS

MARCH 5, 2017

percent in 2015. The report found that 32 percent of transactions used cash in 2015 and that demand for cash remains strong in the United States. And cash’s popularity isn’t limited just to retail purchases. And cash’s popularity isn’t limited just to retail purchases. And it isn’t just Kaplan with a sunny view of cash.

Technology 100

Technology San Francisco Analysis United States 100

Independent Banker

AUGUST 9, 2016

According to the 2015 Colloquy Customer Loyalty Census, the average American household maintains memberships in 29 loyalty programs (1). Statistics are especially compelling for those trying to attract and maintain the millennial segment. Customer Loyalty Program Memberships Top 3 Billion For First Time, 2015 COLLOQUY Census Shows.

Community 70

Community Millennials Community Bank America 70

PYMNTS

MAY 9, 2017

Likewise, earnings per share (EPS) and net income hit well above expectations, with the online retail giant raking in $1.48 The online retail giant is already a major contender in online apparel sales among millennials. Amazon has been building out its private-label offerings for apparel since at least the end of 2015.

Online 100

Online Retail National Marketing 100

PYMNTS

OCTOBER 20, 2020

These are the results from the latest PYMNTS Apple Pay use and adoption study of a national sample of 2,998 consumers between Sept. percent in 2015. percent of retail sales. The use of mobile wallets has remained flat, with only 5.9 percent of consumers with “the Pays” installed using them. 23 and Sept. Of the 207.6 million U.S.

Apple 133

Apple Payments Study Mobile 133

PYMNTS

MAY 10, 2016

Ripples were promptly sent flying into all corners of the retail universe with the launch of Amazon Home Services in March 2015, and now that both mom-and-pop hardware shops, as well as national brick-and-mortar chains have had more than a calendar year to react to the changes, a definite trend has emerged.

Retail 100

Retail Trends Study Seattle 100

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. In 2016, 5 percent of U.S.

Mobile 100

Mobile Payments Los Angeles California 100

PYMNTS

SEPTEMBER 23, 2016

The national average annual percentage rate (APR) for credit card debt is 15.22 The last time the national average for credit card APRs hit 15.22 Younger millennials ages 20–29 accounted for 52 percent of all those who opened credit cards for the first time in the second quarter of 2016. “We percent was in Dec.

Cards 100

Cards Report National Millennials 100

PYMNTS

OCTOBER 18, 2016

An April 2015 pair-up with fashion icon Lilly Pulitzer was such a runaway success that the event — which was supposed to go on for a few weeks — was more or less entirely sold out within a few days (and for some high-demand items, sellouts were more easily measured in hours). Designer partnerships are not exactly new territory for Target.

Trends 100

Trends Millennials Retail Branding 100

PYMNTS

JUNE 1, 2020

Not surprisingly, to make consumers more comfortable shopping and checking out in their stores, retailers have rushed to enable a “ contactless ” payment experience. That’s likely why in PYMNTS’ national study of 14,000 consumers, more than half (58.6 This latest study of a national sample of U.S. Like payments terminals.

Cards 147

Cards Study Maine Payments 147

PYMNTS

JUNE 6, 2016

The Rumble In The Big Retail Jungle. Last week, the biggest retailer in the world by revenue, Walmart, made an announcement that made it clear that it’s really not that interested in ceding the title of world’s biggest retailer to a younger, and nimble challenger named Amazon. A Retailer On The Ropes?

Retail 100

Retail Online Training Innovation 100

PYMNTS

DECEMBER 11, 2017

That might not be a crazy assumption: Reports from Nielsen reveal that television viewership by that demographic has declined more than 40 percent since 2010 and is off 11 percent year over year for the older half of millennials aged 25 to 34. million visits, represent the seventh most-trafficked online retailer, ahead of Macy’s.

Millennials 109

Millennials Video Maine Operations 109

Tech and Finance

JULY 13, 2016

The largest national banks have pulled ahead in mobile, according a recent Forrester report — the 2016 U.S. Retail Banking Customer Satisfaction Study from J.D. The big banks ranked better across multiple segments, including the coveted millennials, emerging affluents, and minorities. Or at least they should be. The 2016 U.S.

Regional 28

Regional Mobile Millennials Study 28

CB Insights

SEPTEMBER 17, 2018

Store brands from retailers were seen as down-budget choices. Target’s Cat & Jack kids’ line has delivered double-digit results since its 2016 launch, even as traditional retailers struggle to stay afloat. Clothing: how retailers are attempting to escape the industry apocalypse by introducing store brands.

Industry 67

Industry Branding Retail US 67

CB Insights

MARCH 2, 2018

BRIEFING: Surviving the Retail Apocalypse. How are brick-and-mortar retailers surviving and adapting in the world of digital commerce? They also know how successful a retailer can be if it builds a leading e-commerce presence and brings a country into online retail. First Name.

Regional 68

Regional Retail Marketing Online 68

Fintech Labs Insights

SEPTEMBER 5, 2016

You might think of Yoyo Wallet as the Venmo of the mobile wallet industry, in that the app has struck a nerve with millennials. The mobile wallet generates a unique QR code for each transaction and allows retailers to build in rewards and loyalty to incent first-time customers and encourage repeat business.

Samsung 12

Samsung Mobile Millennials Retail 12

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

CB Insights

JUNE 17, 2020

Retail: Shopping goes even more online as grocery joins the e-commerce revolution. For example, in 2015, automotive manufacturer Ford reduced its production line injury rate by 70% using virtual reality training. Retail: Shopping goes even more online as grocery joins the e-commerce ranks. Remote learning technology.

Industry 101

Industry Technology Online Video 101

Fintech Labs Insights

JULY 22, 2015

This means retailers need to be prepared to accept EMV transactions. Why it’s a must-see: 56% of Millennials are interested in having a video chat with a bank representative by accessing a link on their bank’s website, mobile or tablet application, according to the Accenture 2014 Consumer Digital Banking Survey.

San Francisco 12

San Francisco Video Fintech Data 12