PYMNTS

DECEMBER 15, 2020

Debatably the most impactful payments innovation of recent years — and that’s saying something — BNPL is having a massive impact on retail, as evidenced by the proliferation of brands and the steady flow of venture capital to players that are defining the space. Bridge Millennials Crossing Over To BNPL. percent of bridge millennials.”

Millennials 256

Millennials Report United States Study 256

PYMNTS

APRIL 27, 2017

Just as marketers started to get the hang of this newfangled “millennial” crowd, the next generation comes along to shake things up with different values, preferences and spending patterns. Some call them Generation Z, some call them post-millennials. The latter this isn’t an option for retailers and brands, however.

Millennials 104

Millennials social media Survey Video 104

PYMNTS

MAY 14, 2020

Every online wine company that reports sales has noted big spikes during the pandemic. The latest to report, Wine.com – which bills itself as the nation’s leading online wine retailer – earned $165 million in revenue and saw 25 percent growth for fiscal 2020, ending March 31. out of 10 on “likelihood to recommend.”. “The

Online 164

Online Retail Millennials Analytics 164

PYMNTS

FEBRUARY 6, 2020

Sykes believes the attraction of online companies and uber-retailers it simple at one level. What brand doesn’t want to sit next to Beyonce or Kim at a fashion show? “I It’s also typically fairly fast moving, but for Klarna it gets us close to great brands. We want those great brands to adopt Klarna.”.

Retail 142

Retail New York Branding Millennials 142

PYMNTS

SEPTEMBER 12, 2016

Who isn’t curious to know what retail will look like come 2020? And that’s exactly what a joint study by IBM and New York University’s Stern School of Business, entitled “Retail 2020: Reinventing retailing — once again” set out to try and find out. “As As retailing evolves, it impacts everyone,” according to the study’s introduction.

Retail 100

Retail Millennials Study social media 100

PYMNTS

MAY 1, 2020

Like many retailers, Tradesy opened 2020 with great expectations and big plans. We haven’t announced it anywhere yet, but we are about to launch a new program and feature set that will allow retailers and brands to liquidate any overstock inventory on our platform,” DiNunzio told Webster.

Millennials 162

Millennials Branding Retail Marketing 162

PYMNTS

JANUARY 9, 2020

Attendees will learn that younger generations – Generation Zers and millennials among them, who wield significant (and growing) spending power – care more about payment flexibility (and options) than merchants might realize. In the webinar scheduled for Jan. Retooling the Approach.

Payments 151

Payments Case Study User Experience Millennials 151

PYMNTS

DECEMBER 5, 2019

If one were to make a list of products for a cutting-edge fashion brand aimed at capturing the emerging Generation Z market, it is safe to assume that “foxtail keychains” would not make the top 10. Or a fully Hello Kitty-themed for 2020? Need a glow-in-the-dark fishnet unitard?

Branding 131

Branding Los Angeles San Francisco Capital 131

PYMNTS

NOVEMBER 5, 2020

From where things stand in Q4 2020 it’s not hard to imagine physical retail going extinct. Consumers are more willing to shop in stores than they were in June, in fact, on one condition: Retailers must allow them to pay using the digital to order online for curbside pickup.”. People Want To Go To Stores, But ….

Retail 252

Retail Millennials Online Report 252

BankBazaar

JANUARY 9, 2020

Let’s take stock of the key insights garnered from the Moneymood 2020 report presented by BankBazaar. BankBazaar , India’s leading online marketplace for financial products has launched the second edition of the BankBazaar Moneymood ® 2020 report. have fared in the last year. Explore BankBazaar.

Report 136

Report Metro Cards Trends 136

PYMNTS

SEPTEMBER 30, 2019

Online Resale. Online resale has become all the rage — even for retailers like Neiman Marcus — from a little bit of everything on OfferUp to fashion-focused Poshmark and high-end The RealReal and 1stdibs. Sales of counterfeit goods through online marketplaces are expected to hit $1.8 billion per year to fake online sales.

Online 101

Online Fraud Branding social media 101

PYMNTS

OCTOBER 20, 2020

Business roadmaps predating 2020 aren’t much use these days, however, as COVID has altered the terrain. PYMNTS researchers found that what we call “social shifters” moved online fast but are most likely to rush back to physical stores and outside activities. Connected Commerce Calling The Shots.

Maine 221

Maine Retail Branding Study 221

PYMNTS

NOVEMBER 19, 2020

The expansion will now cover retail brands including H&M , O.N.S. Klarna’s 2020 Holiday Retail Report found that most U.S. Forty-six percent prefer shopping online. Klarna’s in-store solution was launched in January with brands MCM , Journeys , rue21 and Sephora , the release noted. billion value in 2019.

US 186

US Millennials Branding Retail 186

PYMNTS

DECEMBER 9, 2020

consumers about how shopping and payment preferences will change if a vaccine is available when 2020 ends, PYMNTS got some surprising responses, including this eye-opener from To Vaccinate Or Not To Vaccinate: Measuring The Impact Of A Covid-19 Vaccine On Consumers’ Digital Lifestyles : “Only 37.9 Many Digital Shifters Keeping Their Distance.

Branding 148

Branding Data Study Millennials 148

PYMNTS

DECEMBER 24, 2019

More customers are shopping online, as well, as retailers offer improved web platforms. (58 58 percent of sales growth from 2018 occurred online. Recent social media sales i nnovations and a robust economy further the dominance of online shopping. This holiday shopping season saw its next biggest shopping days as Dec.

Retail 186

Retail social media United States Millennials 186

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

JUNE 29, 2020

How people pay is what’s changing in 2020. As PYMNTS’ June 2020 Buy Now, Pay Later Tracker® , done in collaboration with Afterpay , notes, “[COVID disruptions have] led many to defer payments on large-ticket items such as household goods and furniture. This news comes after Klarna announced the U.S.

Millennials 181

Millennials Mobile Online Retail 181

PYMNTS

DECEMBER 2, 2020

In a year that’s been filled with lifestyle changes, personal pivots and business adaptations, 2020 may also go down as the year of the gift card as studies show an outsized increase in sales leading up to the busy holiday season. InMarket’s data also showed customers were spending about 17 percent more on gift cards in 2020.

Cards 160

Cards Retail Study Survey 160

PYMNTS

NOVEMBER 2, 2020

consumer seems happy to test the waters — and none more so than the coveted bridge millennials. According to PYMNTS survey data, nearly three times as many bridge millennials are Amazon Prime members as Walmart+ members. But three in 10 bridge millennials already report having both, just a month in. Those are the 47 million U.S.

Millennials 246

Millennials Retail Online Report 246

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 18, 2020

To add value and give products a health halo, cereal brands incorporate ancient grains, superfoods, probiotics, or seeds and nuts.”. Mintel found that 51 percent of consumers aged 18 to 24 agreed that ‘eating my favorite brands reminds me of childhood.’ However, we can expect higher prices and healthier products to rule 2020.

Trends 160

Trends Branding Strategy New York 160

PYMNTS

DECEMBER 11, 2019

The market share department stores are losing is expected to accrue largely to off-price and discount stores, which are more popular among millennial and Generation Z shoppers during the active season. If we view our 2020 forecast on a two-year basis, it will still be down roughly 21%.”.

Millennials 131

Millennials Trends Examples Retail 131

PYMNTS

FEBRUARY 6, 2020

Donahoe’s interview came as Nike announced its plans for outfitting athletes at the Tokyo 2020 Olympics in gear made out of recycled polyester and ground-up shoe parts. For Tokyo 2020 (which will be in July and August), Nike is introducing a new design movement – termed Space Hippy – which is based on a zero-carbon approach.

Millennials 152

Millennials Miami Retail Examples 152

PYMNTS

DECEMBER 4, 2020

The dishes are cleared, the leftovers are largely eaten and the world of grocery shopping is settling down to normal as Thanksgiving week 2020 passes into memory, (or at least whatever passes for normal) as the year is heading into its final few weeks. Online sales were up 108 percent during the quarter. Meijer Signs On With Instacart.

Puerto Rico 142

Puerto Rico Oklahoma Kentucky Indiana 142

PYMNTS

DECEMBER 2, 2020

So now we arrive in the middle of March of 2020, and that world [of trust] is turned on its head,” Carnecchia told PYMNTS’ Karen Webster in a recent interview. Here we are in 2020, and people are only [just now] getting on board with taking pictures of their checks [to deposit them],” he said. Doing Digital ID Right.

Fraud 256

Fraud Branding Millennials Cards 256

PYMNTS

JANUARY 20, 2020

An endorsement from the Kardashian media empire is a big deal for any up-and-coming brand. However, for a brand like Afterpay, which launched in the U.S. Millennials were still a pretty small percentage of retail spend in 2015,” Molnar said. That endorsement from Kim Kardashian, which sprang up organically, certainly helped.

US 157

US Millennials Retail Payments 157

PYMNTS

OCTOBER 12, 2020

And while 2020 has represented an unusually sharp drop, teen spending has been on the decline for some time — peaking in 2006 at $3,023 on average. Last year was already a record low year, with 2020 simply finding a way to lower the basement. The lesson of the story heading into the 2020 holiday shopping season?

Study 134

Study Survey Millennials Retail 134

PYMNTS

MAY 5, 2020

And if a retailer charges too much (or charges at all) 57 percent of millennials will bail on future business. According to March 2020 data from Narvar and Forrester , 42 percent of retailers have already paused their pickup in-store and return in-store services. Now add a pandemic.

Policies 185

Policies Retail Study Washington 185

Banking 2020

JULY 17, 2015

Articles via TheStreet, Miami Today News, The Financial Brand. World emoji day: How emoji passwords will obliterate PINs and make bank accounts safer: While a recent report found that 64% of millennials regularly community using only emoji , that doesn’t mean everyone is ready to communicate with their banks using emoji.

Millennials 40

Millennials Miami Mobile Community 40

PYMNTS

JULY 7, 2017

Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. By the year 2020, Gen Z will make up 40 percent of the entire United States population, according to retail consulting firm HRC Retail Advisory. Get ready, retailers. 1 in priorities.

social media 120

social media Millennials Retail Study 120

PYMNTS

FEBRUARY 11, 2020

If there was any stigma left about used clothing it may have been erased last week as Nordstrom put its high-end brand on what it calls “re-commerce.”. While “reselling” or “secondary market” are more likely to keep ownership of this burgeoning market, the reselling market is reinventing itself for 2020. We like the handle.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

MAY 28, 2019

With abundant choices in many aspects of their lives, consumers expect a range of options when it comes to online shopping, ranging from picking out clothes to making travel plans. Half of global online transactions are expected to take place in Asia this year. By 2021, close to 90 million – or 86.5 Just under $3 billion – or $2.7

Apple 159

Apple Mobile Fraud Branding 159

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. 23-25, 2020. Take PayPal, for example. Table 1: Share of U.S.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

JANUARY 21, 2020

The first part of 2020 has brought some significant activity in the world of travel — activity that could, in the coming months and years, further influence how consumers travel, and how they buy and pay for their trips. But millennials are hardly the only force for change in the broader travel industry. That’s not all.

Innovation 101

Innovation Millennials Trends Examples 101

PYMNTS

JANUARY 25, 2021

“It is the juxtaposition of social networking and entertainment and sports all combined,” said Glen Calvert , chief operating officer of Fnatic , a London-based eSports outfit that hires professional gamers, runs tournaments and sells branded gaming apparel and gear. It's not just a video game. By comparison, Netflix's 75 million U.S.

Video 197

Video Branding Comparison Industry 197

PYMNTS

JUNE 19, 2020

Ranchere said the challenger-bank space has been lowering valuations since 2020 began because for all the great expectations and grand predictions of disruption, firms have yet to deliver. I think there’s a lot more to look at — and it is where brands need to start looking.”. Ranchere said.

Digital Banking 142

Digital Banking Payments Tools Branding 142

PYMNTS

FEBRUARY 26, 2020

The other two options are in store pop-ups and online collaborations. Macy’s, JCPenney and J.Crew’s Madewell brand are also in the program. The customer demand for secondhand is strong, and our thredUP partnership allows shoppers to find select national brands for the first time ever inside our stores.”.

Chicago 131

Chicago Retail Michigan Branding 131