Remove 2018 Remove Branding Remove Millennials Remove Technology
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Chinese Millennials May Save Luxury Brands

PYMNTS

Sales of luxury goods in China are skyrocketing — up around 20 percent from 2016 — in its sharpest growth since 2011, as Chinese millennials seek products like handbags and cosmetics, Reuters reported. 2017 saw a global recovery of the luxury retail market due to their affinity for high-end brands.

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12 Industries That Will Thrive Thanks To Millennials

CB Insights

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.

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Why Installment Payments Are Fashionable This Holiday Season

PYMNTS

Consumers — especially millennials and Generation Z — are looking for new commerce experiences during the 2019 holiday season. The Tracker also explores how the payment preferences of younger generations — such as bridge millennials, millennials and Gen Z — may be well-suited for utilizing BNPL.

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What We Say Is How We Pay – For 23M Consumers, And Growing

PYMNTS

“This means that the share of consumers making purchases … via voice assistant is up 42 percent since 2018 and up 10 percent since 2019,” according to How We Will Pay. The heaviest users of voice commerce are the bridge millennials, the older of that generational group, with more disposable income and high levels of technological fluency.

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Chase Sapphire Brand Expanding Into Checking Accounts

PYMNTS

is expanding the Sapphire credit card brand into new areas of personal finance, including checking accounts. According to the report, the Sapphire Reserve card is popular among millennials because of the generous rewards points, which cater to their desire to travel. JPMorgan Chase & Co.

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2018 Recap: The Year That Retailers Evolved With Their Mobile Apps

PYMNTS

Merchants from grocers to quick-service restaurants (QSRs) and gas stations rolled out new ways for consumers to transact from mobile ordering to scan-and-go checkout in 2018. Amazon, however, isn’t the only retailer that deployed similar technology this year. It plans to bring the technology to about a quarter of its U.S.-based,

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Retail Pulse: Floravere Opens NYC Store; Target Debuts Everspring Brand

PYMNTS

Direct-to-consumer wedding brands are opening stores in real life — and personalizing the customer experience within them through digital technology. At the same time, the brand seeks to create personalization through every one of its touchpoints. In Other Brick-and-Mortar News. percent and 1.0 percent, respectively.

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