PYMNTS

JANUARY 30, 2020

So-called fast fashion has been a big player in retail for years, but that part of the commerce-and-apparel world is facing some serious challenges. 30) from the Columbia Spectator , which covers news important to students at Columbia University and Barnard College in the global fashion capital of New York City.

Retail 142

Retail New York City New York social media 142

PYMNTS

AUGUST 14, 2019

Youngsters tend to get all the credit when it comes to being a force that drives retail innovation, and that’s fair enough. Sure, millennials and bridge millennials use apps the most for planning in-store purchases — 47.9 PYMNTS defines bridge millennials as consumers between 30 and 40 years old. percent and 42.8

Innovation 123

Innovation Retail Millennials Mobile 123

PYMNTS

DECEMBER 11, 2020

Capital One Halts BNPL Transactions On Its Credit Cards. Capital One Financial Corp is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “ risky ,” for both consumers and banks. Report: Digital Lender SoFi Eyes IPO Via SPAC. Trackers And Reports. million in consumer losses.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

APRIL 24, 2017

The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. For a time, it seemed as though the brand might be going public, but plans have apparently changed in light of the changing state of brick-and-mortar retail in the U.S. and yes, this looks like card data breach.

Millennials 109

Millennials Cards New York Branding 109

PYMNTS

SEPTEMBER 1, 2020

online wholesale retailer sometimes called “Costco for millennials,” is seeking a buyer, Reuters reported. The company is exploring options including a sale or going public via a merger with a blank-check acquisition company that could put its value at around $1 billion, the report stated. Boxed , the U.S.

Online 205

Online New York Millennials Maine 205

PYMNTS

DECEMBER 14, 2020

Although the installment concept is hardly new, Afterpay’s platform and growing catalog of retailers has brought fame and fortune to the company and its founders. A big part of Afterpay’s growth stems from the fact that its super-simple service is appealing to both customers and retailers alike. Preference For Debit. Lower Loss Rates.

US 322

US Retail Cards Millennials 322

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. and closing one hour later at 2 a.m.

Millennials 100

Millennials Alabama Branding Texas 100

PYMNTS

JUNE 21, 2019

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. By the same token, Capital One has brought three Capital One Cafes in Chicago.

Chicago 120

Chicago New York City Florida Miami 120

PYMNTS

JULY 14, 2020

the Australian buy now, pay later (BNPL) company, reported its fourth quarter (Q4) sales represented the highest quarterly performance ever, reflecting the shift to eCommerce spending since the impacts of COVID-19 emerged globally. billion, 127 percent above Q4 levels a year ago, the company reported. Afterpay Ltd. ,

Millennials 188

Millennials Capital Trends Report 188

PYMNTS

NOVEMBER 6, 2020

Millennials Drive More to Faster Payments . Millennials and Gen Z are among the groups that are most likely to have received instant payments. Trackers and Reports. Data Analytics Changes the Working Capital Management Paradigm. Walmart Reboots Retail With Its Rethink on Robotics .

Online 148

Online Payments Millennials Apple 148

PYMNTS

SEPTEMBER 23, 2020

has grown the size of its newest investment round to $660 million, Fox Business reported, citing a representative from the firm. 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. Trading FinTech Robinhood Markets Inc.

Arizona 178

Arizona Customer Experience Texas Millennials 178

PYMNTS

JULY 14, 2020

It is expected to be available in retail stores this month. “As we enter the second half of the year and retail re-emerges across the world, it’s critical we help our partners drive business growth, both online and offline,” said Nick Molnar , Afterpay Co-Founder and U.S. . CEO, in a statement.

Google 151

Google Apple Retail Millennials 151

PYMNTS

SEPTEMBER 17, 2018

13 through 16, is further evidence of the eCommerce giant’s “new retail” strategies, where offline and online conduits converge, as noted by sites such as marketing-interactive.com. Data from CBN also found that millennials launched as many as 700,000 shops on the Taobao platform last year. The September event, which spanned Sept.

Millennials 134

Millennials Lending Retail Trends 134

PYMNTS

DECEMBER 4, 2019

The company, which launched in 2013, attracts millennials interested in trading stocks and cryptocurrency. The all-stock transaction is valued at approximately $26 billion, CNBC reported. Robinhood disrupted the brokerage industry by offering free stock trading, which caused major retail brokers to drop commission fees. “We

Comparison 130

Comparison Capital cryptocurrency Millennials 130

PYMNTS

OCTOBER 15, 2020

Retailers] are seeing double-digit higher conversion rates when an extended warranty is shown – not on the extended warranty, but conversion rates on the product itself,” Levin said. “We Meritech Capital led the funding round, with participation from existing investors Great Point Ventures and Shah Capital Partners.

Online 334

Online Exercises Retail Capital 334

PYMNTS

FEBRUARY 23, 2017

Founded in Singapore in 2012, the company’s solutions are used today by major digital retailers such as Rakuten and ASOS to simplify product searching for some 250 million daily active users. million Series B venture funding round led by Rakuten Ventures with participation from SPH Media Fund, Enspire Capital and WI Harper Group.

United States 136

United States Millennials Retail Capital 136

PYMNTS

MAY 19, 2018

Though, as countless have pointed out over the last five years or so, millennials did make a valiant effort holding off that process by having their mothers do their laundry for as long as possible. These days, though, we call them Bridge Millennials. ” The Changing Buying Habits Of Millennial Parents.

US 105

US Millennials Branding Retail 105

PYMNTS

OCTOBER 7, 2019

With the app, Affirm users can shop at almost any retailer by creating a onetime-use virtual card instead of being limited to shops that have Affirm integrated at checkout. . Half of Affirm’s users are millennials or Gen Z, the company says. The company requires no minimum credit score or income reporting. It also has raised $1.03

Payments 139

Payments Millennials Retail Cards 139

PYMNTS

MAY 30, 2016

If brick-and-mortar merchants can claim anything sacred from the total encroachment of online retail on its turf, it’s the highest echelon of uber-luxurious commerce. The first pieces of evidence come from recent earnings reports from two of the biggest tentpoles in the dollar retail category: Dollar General and Dollar Tree.

Online 100

Online Retail Branding National 100

PYMNTS

JANUARY 21, 2019

The RealReal , the online luxury reseller, is reportedly mulling an initial public offering, reported Reuter s. The report, citing people familiar with the matter, said The RealReal is mulling an IPO for later in 2019 and has started holding discussions with investment banks to help it go public.

Online 122

Online Millennials Retail Report 122

PYMNTS

SEPTEMBER 29, 2020

Filipino online payments platform PayMongo raised $12 million in a funding round led by Stripe, and also including existing investors Y Combinator and Global Founders Capital, and new investor Bedrock Capital. Why Millennials And Gen Z Could Save 2020's Holiday Shopping Season. Amazon Debuts Men's Subscription Shopping Service.

Payments 148

Payments Apple Survey Seattle 148

PYMNTS

OCTOBER 21, 2019

Retail chain Destination Maternity reportedly filed for bankruptcy on Monday (Oct. According to CNBC , the retailer is “buckling under the weight of an onerous debt load and struggling to compete with better capitalized competition.” Another one seems ready to bite the dust. The company owns 458 stores in the U.S.,

Trends 101

Trends Retail social media Online 101

PYMNTS

NOVEMBER 5, 2019

The authenticated consigned luxury goods marketplace reported that its active buyers for the trailing 12 months was up 43 percent year over year to 542,987, while its orders were up 41 percent year over year to 577,421 for the third quarter. Retail Partnerships. In addition to Madewell, other retailers have collaborated with thredUP.

Millennials 101

Millennials Retail Exercises Branding 101

PYMNTS

JANUARY 15, 2018

Of those funds, reports TechCrunch , is $5 million that comes from a “cash in,” as the site terms it, from early shareholders. The leader of the latest capital raise is Partech. The funding will be used for growth initiatives, with an eye on millennials, and a launch of nine new localized sites across the U.S.,

Millennials 134

Millennials Branding Capital Report 134

PYMNTS

SEPTEMBER 19, 2018

Target also tends to do well with customers who make over $100,000 a year, with 25 percent of its shoppers reporting that level of income. They are increasingly seeing the upper-end of their prime demographic, a group PYMNTS titled bridge millennials. Maybe they have to consider allowing for overtime, which would hurt SG&A.

Millennials 138

Millennials Montana social media Branding 138

PYMNTS

JANUARY 22, 2020

But direct-to-consumer (DTC) retail is undergoing some significant changes, which could help strengthen DTC activities for years to come. Personalization is among the trends gaining fuel in the DTC world, reflecting larger changes in the retail world. Don’t call it a makeover, not yet. The company has raised $5.6

Los Angeles 131

Los Angeles Analytics Retail Survey 131

PYMNTS

JANUARY 27, 2020

It seems that old-fashioned video games are that hot new item, assuming they are in pristine condition and come in factory packaging, according to a new report in The New York Times. No doubt millennials will be blamed for some of this, as they have been scapegoated for the decline of diamonds and certain fast-casual restaurant chains.

Video 226

Video Trends New York Report 226

Bank Innovation

MARCH 4, 2016

Affirm, the lending startup piloted by PayPal co-founder Max Levchin, recently announced plans to report its loan data to the credit bureaus. This will help customers with thin files, particularly millennials, to bolster their credit histories.

Millennials 150

Millennials Lending Data Report 150

CB Insights

OCTOBER 10, 2018

DOWNLOAD THE 61-PAGE consumer banking REPORT. Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. Table of contents: Market map: the startups disrupting retail & commercial banking.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

MAY 28, 2019

And digital platforms are handling tens of millions of transactions: Fiverr, for instance, recently reported that it has facilitated more than 50 million transactions between 830,000 freelancers and 5.5 The FBI’s Internet Crime Complaint Center (IC3) said in a report, for instance, that online fraud, theft and exploitation led to $2.7

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

APRIL 13, 2019

Better algorithms , visual search tools and concierge services are just a handful of the ways retailers young and old are attempting to ensure customers get the “right” products. If Mercury is in retrograde, should we let that affect our retail choices? But are they really the right products? Not All Horoscopes Are Good Horoscopes.

Millennials 136

Millennials Retail New York City Branding 136

PYMNTS

MARCH 3, 2017

A number of major retail studies have shown that millennial consumers value the sustainability of brands and products when making purchases. million dollar Series A venture funding led by FirstMark Capital with additional participation from Contour Ventures, Humanity United and Serious Change LP, among others.

New York 100

New York Millennials Capital Branding 100

South State Correspondent

AUGUST 16, 2023

Capital rotation is to HELOCs and away from autos. Within autos, the capital rotation is for new cars over used cars. Consumer Credit – Cards There is a shift of capital occurring to the prime tiers of cardholders. Consumers are going through a revaluation valuing more retail products over travel products (i.e.,

Trends 195

Trends Cards Capital Data 195

PYMNTS

NOVEMBER 19, 2019

Dr. Jart+ was founded in Seoul in 2005 and sells masks, moisturizers, serums and cleansers under names such as Ceramidin and Cicapair, Deal Street Asia reported. Jart+ was founded in Seoul in 2005 and sells masks, moisturizers, serums and cleansers under names such as Ceramidin and Cicapair, Deal Street Asia reported. Coty Inc. ,

Branding 101

Branding social media Millennials Report 101

PYMNTS

JUNE 7, 2019

According to a report , the Series C round was led by General Atlantic. Additional investors included HV Holtzbrinck Ventures, Balderton Capital, Creandum, Octopus Ventures, TempoCap and Sebastian Siemiatkowski, founder and CEO of Klarna, the Swedish payments company. Depop, the U.K. CEO Maria Raga said the U.S.

US 100

US Millennials Trends Capital 100

Accenture

OCTOBER 3, 2017

Read the report. Based on this survey of over 2,000 consumers, it’s clear that online retailers, tech firms and social-media players face an uphill battle to convince consumers to allow them access to their financial data. The drive towards open banking gives them a direct line into a potentially lucrative market. Take a closer look.

social media 151

social media Millennials Online Fraud 151

PYMNTS

MAY 28, 2019

Much thought is given to millennials and even Generation Z — consumers who were born during fixed periods of time, and who are having an increasing impact on payments and commerce. But let’s not forget the role of the teenager in digital retail, financial services and transactions. million in fresh capital. Retail and Teenagers.

Digital Banking 139

Digital Banking Google Mobile Groups 139