PYMNTS

AUGUST 10, 2020

Consumers have been using internet technology for everything from nonessential health services to ordering from restaurants in the last few years, especially shopping more frequently online for retail products and groceries. We also identified existing market gaps across specific disbursement categories. . This is what we found. .

Report 228

Report Payments Millennials Cards 228

PYMNTS

DECEMBER 1, 2020

A new survey of Black Friday shoppers from PYMNTS showed the Seattle retailing giant dominated its rivals in the traditional post-Thanksgiving holiday season kickoff. When PYMNTS last measured Amazon’s take of the total eCommerce business it found that it touched just north of 50 percent for Q1 2020 in eCommerce market share (51.2

Marketing 181

Marketing Data Survey Comparison 181

PYMNTS

FEBRUARY 25, 2020

Experiential marketing is one of the most commonly discussed and executed strategies in the 2020 connected commerce world. Anthropologie , for its part, is renowned for its creativity and innovation in experiential marketing, while Macy’s is focusing on experiential stores as part of its comeback plan for the year.

Retail 130

Retail Millennials Tools Innovation 130

PYMNTS

DECEMBER 24, 2020

market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. billion during 2020’s first nine months. Markets initially responded accordingly, with shares pricing at $24 — the very top of the stock’s $22 to $24 expected range. percent to close at $22.05.

US 230

US Company Report Payments 230

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. Some call them Generation Z, some call them post-millennials.

Millennials 104

Millennials social media Survey Video 104

PYMNTS

MAY 1, 2020

Like many retailers, Tradesy opened 2020 with great expectations and big plans. Significant growth in terms of their active user base and revenue were on the agenda — to be supported by a major investment in marketing to get the word out about the Tradesy peer-to-peer (P2P) market model and its advantages for both buyers and sellers.

Millennials 162

Millennials Branding Retail Marketing 162

PYMNTS

MAY 14, 2020

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. Revenue from millennials and younger age groups topped $50 million, an increase of 77 percent. out of 10 on “likelihood to recommend.”.

Online 164

Online Retail Millennials Analytics 164

PYMNTS

FEBRUARY 11, 2020

While “reselling” or “secondary market” are more likely to keep ownership of this burgeoning market, the reselling market is reinventing itself for 2020. Nordstrom joins other department stores in the resell market. More data on the market comes from sneaker and streetwear reseller StockX. It says some 57.5

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

FEBRUARY 12, 2019

For the connected consumer , connected commerce will be 100 percent digital , especially as the bridge millennials wield spending power across the next several decades. Data: 56: Number of real-time payments systems slated to be live or underway by 2020. trillion: The value of the leveraged loan market, as estimated by the FSB. .

Millennials 154

Millennials Payments Retail Lending 154

PYMNTS

MARCH 1, 2018

workforce by 2020, the demand for more efficient payment solutions is poised to grow. Gig workers in the rideshare market are also turning to Mastercard’s solutions to get their earnings. Can a cash back program help millennials avoid the debt trap? As it turns out, millennials are more afraid of debt than of death.

Millennials 102

Millennials Trends Cards ATM 102

PYMNTS

DECEMBER 24, 2020

On the whole, Karen Webster noted on New Years Day, 2020, making predictions at this time of year is irresistible, risky business. But no one was predicting a global pandemic that would shutdown the travel industry, events and physical retail. Which may explain why many predictions are wishy-washy or soon proved wrong,” she noted.

Millennials 206

Millennials Retail Course Report 206

PYMNTS

FEBRUARY 28, 2020

He is the cliché of a profession that has a lot of suede sheen on it, but at least one company is in the market to bring used car sales into the digital future. “We It’s hard to imagine that there’s so much technology and innovation happening up and down the mobility spectrum except for in this market — and it’s a $1.4

Marketing 242

Marketing Los Angeles San Francisco San Diego 242

PYMNTS

JUNE 22, 2020

Post-2009, millennials demonstrated a clear aversion to financial risk, especially for lifestyle purchases, resulting in a tangible shift away from credit cards. These insights, along with other valuable guidance, are all contained in PYMNTS’ June 2020 Buy Now, Pay Later Tracker® , done in collaboration with Afterpay.

Millennials 151

Millennials Cards Examples Retail 151

Bank Innovation

NOVEMBER 20, 2019

Robinhood Markets Inc. in the first quarter of 2020. millennials by […]. plans to offer its stock-trading service outside the U.S. for the first time, launching in the U.K. The startup, valued at $7.6 in August, has gained a following among U.S.

Millennials 170

Millennials Operations Marketing Management 170

PYMNTS

JANUARY 24, 2017

It looks as though millennials may soon face competition as the generation to watch. According to a new study from HRC Retail Advisory , Generation Z is expected to make up nearly 40 percent of the population of North America by the year 2020 – easily making them the generation retailers must be paying attention to.

Retail 100

Retail social media Survey Study 100

PYMNTS

APRIL 9, 2020

Though they’ve overcome serious technical hurdles, work well, and are now in the hands of billions of smartphone-owning consumers, mobile wallets including those from Big Tech players Apple and Google are starving for share as Q1 2020 usage slipped below an unimpressive 2019. percent of eligible Walmart transactions in 2020, down from 4.5

Mobile 140

Mobile Apple Cards Millennials 140

PYMNTS

JANUARY 19, 2017

A recent survey of adult smartphone owners under 35 in India, conducted by digital marketing firm Regalix , revealed that 83 percent respondents had used their mobile device to shop online. Researchers point to India as the fastest-growing eCommerce market on the planet. million this year, showing a drastic 19.5

Mobile 100

Mobile Millennials Survey User Experience 100

PYMNTS

FEBRUARY 14, 2020

And the wine retailer of the year? The 2019 wine retailer of the year was online – specifically, it was a good year for Wine.com. CEO Rich Bergsund sees its vintage year leading to an even better 2020 as it continues to bring more consumers to the site and find more ways to keep them engaged.

San Francisco 150

San Francisco Millennials Oakland Customer Experience 150

PYMNTS

JANUARY 20, 2020

In this case, it provided a really great opportunity to work closely with their whole team, and to learn about the impact of influence-based businesses on retail.”. The company had come a long way from its launch in 2014, when it had about 10 retailers signed on to offer Afterpay as a payment option during checkout.

US 157

US Millennials Retail Payments 157

PYMNTS

OCTOBER 20, 2020

Until recently there was “a consumer” who industry felt it understood, and whose tastes it knew well enough to gauge the market of new products and services. Business roadmaps predating 2020 aren’t much use these days, however, as COVID has altered the terrain. Connected Commerce Calling The Shots.

Maine 221

Maine Retail Branding Study 221

PYMNTS

SEPTEMBER 23, 2020

Trading FinTech Robinhood Markets Inc. The new funding is an outcropping of the Series G round unveiled in August for the firm, which is said to have helped millennials become interested in trading. In August, Robinhood Markets unveiled a $200 million Series G fundraising, bringing its valuation to $11.2

Arizona 178

Arizona Customer Experience Texas Millennials 178

PYMNTS

FEBRUARY 6, 2020

The retail angle (outside of Nike’s own stores) is that the company is betting consumers will be attracted to environmentally friendly products, regardless of whether they have a “swoosh” or not. “The 6), marking his first television interview since taking the helm at the retailer last month. “It

Millennials 152

Millennials Miami Retail Examples 152

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. With those trendlines, players in the sector are wasting no time.

Millennials 181

Millennials Mobile Online Retail 181

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 The goal for next year?

Retail 135

Retail Branding Course Charlotte 135

PYMNTS

FEBRUARY 14, 2020

While it’s certainly not the case with every firm, for many, years of venture funding and building size and scale are considered favorable to an early entrance into the public markets with the vicissitudes of public investors. We went public when we had about 100 retailers signed on and 30,000 customers, so really early in the process.

Millennials 159

Millennials Retail Management US 159

PYMNTS

JULY 14, 2020

billion in fiscal 2020, up from $5.2 Merchant revenue margins for fiscal 20 are expected to be in line with or better than the first half of fiscal 2020 and fiscal 2019. Net transaction loss for 2020 is expected to be up to 55 basis points which the company called historically low levels. Total sales were $11.1

Millennials 188

Millennials Capital Trends Report 188

PYMNTS

NOVEMBER 6, 2020

Membership has its privileges ” was the nine-year marketing campaign rolled out by American Express in 1987 to convince consumers that it was worth paying a yearly fee for one of its charge card offerings. Millennials Drive More to Faster Payments . Weak iPhone Sales Cost Apple Nearly Half a Trillion Dollars in Market Cap .

Online 148

Online Payments Millennials Apple 148

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

JANUARY 13, 2021

The social media-focused platform company’s business model is simple: it’s a retail destination for consumers looking to sell their second-hand apparel and other goods or pick up desirable designer items for fraction of the price. The company turned its first profit in the quarter that ended June 30, 2020. After losing $14.5

social media 169

social media Trends Retail Millennials 169

PYMNTS

MAY 5, 2020

With the retail industry sliding into Mother’s Day in just a week, the return issue is bound to raise its head. Some stats around the issue show just how substantial it is for retailers. And if a retailer charges too much (or charges at all) 57 percent of millennials will bail on future business. Now add a pandemic.

Policies 185

Policies Retail Study Washington 185

PYMNTS

DECEMBER 11, 2020

Some 55 percent of millennials report being interested in giving digital gift cards this year, while 67 percent report hoping to receive one. On the whole, Mao said Blackhawk’s expectation is that gift card spend will increase 19 percent during 2020’s holiday shopping season when compared to a year ago. Not All ‘Gift’ Cards Are Gifts

Cards 291

Cards United States Strategy Retail 291

PYMNTS

JANUARY 20, 2020

Millennials and Gen Yers are notoriously distrustful of credit. millennials have a credit card – which is to say a single credit card – and why one-third of all Americans today have never even applied for one. BNPL is a thoroughly mobile experience that completes the retail trifecta: less expensive, easy to use and totally portable.

Millennials 132

Millennials Houston Philadelphia Chicago 132

PYMNTS

DECEMBER 24, 2019

The How We Will Pay study found that bridge millennials — a highly educated consumer segment that tends to earn relatively high incomes — own an average of six connected devices. Real-time payments — it’s a common phrase in 2019 that will become even more common in 2020. unlike markets such as the U.K. 7: During Daily Routines.

Cards 160

Cards Payments Study Examples 160

PYMNTS

DECEMBER 30, 2020

Evidence reveals that these habits picked up steam during the 2020 holiday shopping season, with PYMNTS research finding that 4 percent of Americans used buy now, pay later (BNPL) methods for their Black Friday purchases. could become an even more competitive market for BNPL solutions in the future.

Payments 276

Payments Trends Millennials United States 276

PYMNTS

APRIL 19, 2018

Wendy’s , for example, planned to roll out self-ordering kiosks at about 1,000 of its retail locations by the end of 2017 in an attempt to both lure younger customers and to battle long lines at peak dining hours. billion is the projected size of the interactive kiosk market by 2023. Consumers want their orders faster than ever before.

Retail 102

Retail eBook Customer Experience Ohio 102

PYMNTS

MARCH 2, 2020

How important are humans to your retail banking experience? It’s one of the themes explored in the February 2020 Digital-First Banking Tracker® , done in collaboration with NCR Corporation. It’s one of the themes explored in the February 2020 Digital-First Banking Tracker® , done in collaboration with NCR Corporation.

ATM 191

ATM Millennials Retail Video 191