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SoftBank-Backed Brandless Goes Bust

PYMNTS

For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the best brand is no brand at all. Under his leadership, the plan for the brand was to pivot into higher-margin, bigger ticket products such as CBD oil and move Brandless onto store shelves.

Branding 150
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Banking for Generation Z – what FIs must do differently

NCR

Banks have spent a lot of time in the last few years trying to attract the attention of affluent millennial consumers – those born between the early 80s and mid-90s, who are currently an immensely attractive segment for financial institutions. Don’t mix them up with millennials. Putting technology first.

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Taking Your Coffee With Sugar, Milk And Blockchain?

PYMNTS

Take the clothing and accessories brand TOMS , for instance. On the back of this social commerce model, the company now sees about $500 million in annual sales and has become one of the most recognizable names, particularly to millennial consumers in the footwear industry.

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

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.

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What The Climbing Debt Defaults Really Mean For The Economy

PYMNTS

Citibank’s store-branded card portfolio, for example, is expected to see a charge-off rate of about 4.6 Millennials are objectively more likely to have full-time employment now than they did five years ago, and yet they seem no more likely to pay their debts. percent in 2018 — up from the 4.32 percent previously forecasted.

Lending 105
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When The Bank Is An App — And Not The Bank’s

PYMNTS

As Green Dot Chief Revenue Officer Brett Narlinger told Karen Webster in a recent conversation, the same holds true for banks, particularly when it comes to millennial and Gen Z consumers. “My What are they doing today, and how do I meet them where they are, instead of trying to drag them to do something different? What’s Next.

Branding 155
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The ‘Uber Of Nothing’ Is Coming

PYMNTS

It’s not as if a person making the request for a tissue, pain reliever or bandage was specifically asking for a Kleenex, Bayer Aspirin or Band-Aid brand item. But, over many decades, these three brand names achieved such dominance in their categories that they became the most natural way for people to refer to all products in that category.