Perficient

JANUARY 12, 2021

With the expanded success of ecommerce in the last twelve months, brands have more opportunities than ever to engage in digital channels with their consumers and stand out from the competition. It seems that businesses and customers truly are at a new inflection point with this technology and opportunities are available for brands.

Customer Experience 538

Customer Experience Branding Video Online 538

PYMNTS

OCTOBER 21, 2019

though they also operate under such brands as Motherhood Maternity and Pea in the Pod stores. “As Larger Trends. Even if one particular retail chain or another is having trouble keeping its edge amid such changes, apparel as a whole is driving a good amount of merchant innovation. The company owns 458 stores in the U.S.,

Trends 101

Trends Retail social media Online 101

PYMNTS

JUNE 29, 2018

That bet could complicate, in a positive way, some of the general ideas out there about the preferences of millennial consumers. The integration of such tools is designed with those millennials in mind, part of the company’s effort to gain more revenue from a new generation of drivers.

Millennials 101

Millennials social media Branding Marketing 101

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. Like their love of BNPL.

Millennials 256

Millennials Report United States Study 256

PYMNTS

OCTOBER 10, 2018

Like most innovators, Arielle Charnas was looking to solve a problem when she launched her fashion blog – it just wasn’t a fashion problem. Today, she noted, things are quite good, as she is the rare internet celebrity who has turned a social brand into a bankable retail venture.

Branding 184

Branding social media Marketing Millennials 184

PYMNTS

MAY 24, 2019

Clothing is expensive and trends are quick to change, making fashion rental platforms especially appealing for consumers who want more choice, convenience and flexibility. billion by 2028 and millennial women are leading the charge, according to Brittany Johnson, CEO and co-founder of online subscription-based clothing service FashionPass.

Innovation 134

Innovation United States Online Millennials 134

PYMNTS

JUNE 24, 2019

Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. Take Adidas as another example of that trend. By using AI technology, the sportswear brand was able to offer suggestions to online shoppers.

Retail 184

Retail Innovation Examples Online 184

PYMNTS

MAY 6, 2017

It’s been chronicled in these virtual pages that millennials are the driving force behind change – change in how payments are done, how banking is banked, how social media influences commerce (or doesn’t) and how shopping may become a hybrid of high touch across the digital and physical realms. Now that seems to be true even in fashion.

Millennials 101

Millennials Branding social media Operations 101

PYMNTS

NOVEMBER 1, 2016

This is also the case for the drinking habits of millennials vs. baby boomers. According to PYMNTS research, millennials of drinking age drank 42 percent of the wine that was drunk in 2015, with the average millennial downing just over three glasses in a sitting. Either way, millennials want their beverages to speak to them.

Millennials 100

Millennials Trends Survey Course 100

PYMNTS

MARCH 13, 2020

Recent data shows that while millennial and Generation Z consumer groups certainly consider themselves to be digital shoppers — nearly 86 percent of millennials consider that to be the case, according to one recent report — large percentages of them still head to physical stores on a regular basis to shop. About the Playbook.

Strategy 179

Strategy Millennials Retail Mobile 179

PYMNTS

JULY 18, 2019

Depending on where you look, the chasm yawns wide when it comes to innovating with new technologies or features. In a PYMNTS interview with Karen Webster, Joe DeRosa, EVP of Global Sales at i2c , discussed the findings of the July 2019 Innovation Readiness Playbook , subtitled “Leveling the Playing Field for Different-Sized FIs.”

Innovation 155

Innovation Study Technology Millennials 155

PYMNTS

MARCH 16, 2016

Whole Foods and other retailers capitalizing on the at-home health food craze were able to get out in front of millennial eating trends — or, at least, start riding at the crest of the wave. In the morning, TGI Fridays hopes young millennials will come in to work at reservable tables. ” Hang out they’ll have to.

Millennials 100

Millennials Alabama Branding Texas 100

PYMNTS

JULY 10, 2019

And, while some brands were so-called “clean” enough for the family, the products lacked the flavor or texture they liked. Product and eCommerce Innovation. Kohn said that he felt like Asian flavors were on trend after research, especially with millennial crowds and those in the demographic looking for out-of-the-box flavor profiles.

Innovation 140

Innovation Payments Millennials Retail 140

PYMNTS

JUNE 5, 2018

However, for SSENSE (pronounced essence), at its first retail location, the Canadian eCommerce brand turned physical retailer has opted for a slightly different flavor. That approach has followed the brand into its physical hub in Montreal, where buyers are likely to see streetwear-brands like A-COLD-WALL* alongside Givenchy wear.

Branding 116

Branding Millennials Retail Online 116

PYMNTS

JUNE 21, 2018

The old model of opening a retail store with merchandise as a main focus of the space may not appeal to today’s consumers – millennials in particular. In addition, these spaces provide restaurants and bars so consumers can grab a bite or enjoy a drink as they shop for the latest trends.

Millennials 109

Millennials Fort Worth Los Angeles San Francisco 109

Insights on Business

FEBRUARY 11, 2018

A growing number, starting with millennials, would even prefer doing business through a VA, or chatbot. According to recent research by Forrester , the #1 trend for customer service in 2017 is “smarter”, “self-served” and more automated customer service. How does this bot, named and personified, support a brand’s vision and promise?

Branding 125

Branding How To Customer Experience Trends 125

PYMNTS

FEBRUARY 18, 2020

Although indulgent flavors are on-trend, cereal companies are also working hard to appeal to consumers who are looking for products with healthier, less processed ingredients,” said Sarah Schmidt , an analyst for Packaged Facts. Niche breakfast cereals cater to health trends such as gluten-free, Keto-friendly, Paleo and organic/non-GMO.

Trends 160

Trends Branding Strategy New York 160

PYMNTS

MARCH 1, 2019

They also create repeat visits to the DSW brand, where an exciting footwear assortment awaits.”. L Brands plans to close approximately 53 Victoria’s Secret locations this year as it curtails investments in new and renovated stores. And NPD Group data found that millennials spent one-third of bra dollars last year on sports bras.

Branding 129

Branding Retail Columbus Las Vegas 129

PYMNTS

JANUARY 22, 2018

More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. Innovation in payments and commerce has an unsung hero, too. And who will influence how innovation happens. Distribution. But, I digress.

Innovation 135

Innovation Online Branding El Paso 135

Perficient

APRIL 14, 2022

population is considered millennial or younger as of July 2019), the demand for personalization in the commerce experience grows. Data sharing relies on trust between a brand and the consumer willing to share it. New product opportunities are being driven by innovation and market conditions. Leveraging Data Responsibly .

Strategy 332

Strategy Tools Industry Customer Experience 332

PYMNTS

SEPTEMBER 23, 2017

For all the plaudits disruptive innovation gets, it is easy to overlook how hard it is to achieve. While it’s an exaggeration to say there is nothing new under the sun, it’s actually not that big of an exaggeration in the innovations realm. But, sometimes, the innovation just really whiffs. Following A Trend.

Innovation 102

Innovation Millennials social media Trends 102

PYMNTS

SEPTEMBER 16, 2019

And so a sheepherding innovation – and new vocabulary word – was born. Ever since, people have been in search of the bellwether, the leader in a category that signals a powerful trend and paves the path for others to follow. Retailers scour social media to find influencers and designer bellwethers to turn trends into sales.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

FEBRUARY 18, 2020

The February Order To Eat Tracker® details the latest trends in delivery as well as new digital approaches that QSRs are taking to appeal to modern consumers. Some restaurants are bucking the order aggregator trend, however. This trend may be driving the growth that Applebee’s noted in its off-site sales.

Millennials 232

Millennials Trends Strategy United States 232

PYMNTS

AUGUST 26, 2019

Also, Kohl’s is teaming up with Facebook to capture the attention of millennials, and world bankers met to discuss whether a new cryptocurrency would be better than relying on the dollar as a global reserve company. Kohl’s to Tap Into Facebook Data to Create Millennial Clothing Line. Trending: The New Face of Kiosk Retail.

US 109

US Millennials cryptocurrency Fraud 109

PYMNTS

DECEMBER 12, 2019

Consumer Trends. Both of those demographics surprisingly beat out millennials, at 53 percent, and Gen Z, at 46 percent. Bloomberg reports that it offers a bevy of innovative options intended to entice customers into spending more time shopping. Mall Trends. The seven-floor store is Nordstrom ’s biggest location ever.

Retail 131

Retail Milwaukee New York City New York 131

PYMNTS

APRIL 2, 2020

Competition for customers — especially millennials — from larger banks and FIs has long required credit unions to keep pace with their more innovative counterparts. This often means providing digital solutions and convenient banking options despite smaller technology and innovation budgets, however.

United States 174

United States Security Innovation Mobile 174

PYMNTS

MAY 23, 2019

According to the Credit Union Innovation Playbook , a PYMNTS and PSCU collaboration, trust is the driving factor in that choice. Millennials, Bridge Millennials and the rapidly up-and-coming Gen Z consumers mostly prefer digital banking as their go-to when they interact. That result, Chambers noted, is just an average.

Online 123

Online Millennials Digital Banking Maine 123

PYMNTS

OCTOBER 20, 2020

We learn that the creative innovation that’s capturing people’s imaginations more than anything now is the mighty spoken word. Of digital businesses that are getting out in front of changes and new trends are direct-to-consumer (D2C) brands, who see eCommerce and the absence of physical retail as a very rare growth opportunity.

Maine 221

Maine Retail Branding Study 221

PYMNTS

NOVEMBER 29, 2018

But Smith was committed, and believed that among outdoor enthusiasts — particularly millennials like himself — a digitally-native brand with a story to tell and a unique way of pursuing its core mission would have an awful lot of appeal. “My You have to go deeper, and make a human connection that’s meaningful,” he noted.

Millennials 116

Millennials Branding Community Retail 116

PYMNTS

JANUARY 22, 2020

Personalization is among the trends gaining fuel in the DTC world, reflecting larger changes in the retail world. All of that helps prepare the ground for innovation. “In I realized I had an opportunity to create a modern brand with a focus on art while incorporating storytelling and community,” Stone said. DTC Analytics.

Los Angeles 131

Los Angeles Analytics Retail Survey 131

PYMNTS

JANUARY 21, 2020

Such services are particularly popular among millennials, who are growing up and moving toward their peak earning years. As well, about 40 percent of food orders are eaten on-premises at this point, which is largely a byproduct of the mobile order-ahead trend. Deeper Trends. But nothing ever really lasts.

Mobile 148

Mobile Trends United States Online 148

PYMNTS

DECEMBER 4, 2018

As depicted over the summer in our Innovation Readiness Playbook , FIs are focusing efforts across digital wallets, P2P payments and, of course, loyalty programs. The Millennials Cometh. We are talking here, of course, about millennials. There’s recognition among the marquee names in payments that the landscape is shifting.

Payments 191

Payments Millennials Cards Course 191

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. Just as millennials overtook Gen X, there’s another big buying group retailers need to plan for, and it’s even larger: Generation Z,” Shay said. Get ready, retailers. 1 in priorities.

social media 120

social media Millennials Retail Study 120

PYMNTS

JULY 25, 2019

In an interview with PYMNTS, Deirdre Ives, CEO and managing director at Wirecard North America, noted that when it comes to innovation, issuers face challenges in meeting the needs and expectations of a diverse populace of users spanning borders and cultures. That’s especially true among younger users such as millennials.

Payments 189

Payments Innovation Examples FDIC 189

PYMNTS

AUGUST 14, 2019

Moving deeper into the quarter, inventory became a mounting problem due to a combination of factors, including a miss on key women’s sportswear private brands, a slow sell-through of warm-weather apparel and accelerated decline in the international tourism business. He noted that the second quarter got off to a slow start.

Columbus 100

Columbus DC Branding Google 100

PYMNTS

MARCH 30, 2020

But, as the just-released PYMNTS “ Commerce Connected Playbook: Retail Innovation Edition ” indicates, the interesting thing to watch is not that digitization is happening, but how it is happening. What Every Brand Needs For An Omnichannel Experience.

Retail 177

Retail social media Millennials Branding 177

PYMNTS

SEPTEMBER 19, 2019

That popularity made the market appealing to STEM-inspired children’s toy and media brand GoldieBlox , and to JOANN (formerly JOANN Fabrics) — but also daunting. The boxes are curated by JOANN and GoldieBlox with an assist from Make it Real , a toy company focused on innovative toys for tweens.

Millennials 116

Millennials Branding Marketing Resources 116