PYMNTS

JANUARY 14, 2019

It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

Retail 198

Retail Online Mobile Data 198

PYMNTS

JULY 25, 2018

But the price tag on it is a cool $2,000 (on sale), and so for whatever wonders it is capable of as cutlery, the market for it is fairly narrow. So how to get nice – but not so nice that nice becomes an unaffordable luxury? For most of us, it involves intensive internet scouring until we dig up the right compromise.

Millennials 100

Millennials Tools Examples US 100

PYMNTS

JANUARY 3, 2017

Retail is a dog-eat-dog world, operating at times on the thinnest of margins. There are so many levers to engage consumers” in rewards, said Wind, and whether it is tied specifically to a card or merchant, additional leverage can come through email marketing campaigns or percentage-off programs at retailers. credit cards, 1.3

Retail 137

Retail UX Cards Branding 137

PYMNTS

DECEMBER 7, 2018

Big retailers are opening smaller-format stores in major U.S. Already, the retailer has opened a Planning Studio across the pond in London in October. In the announcement, IKEA Retail U.S. The offering uses AR technology to guide consumers on how to collect their own data such as weight and blood oxygen content.

Retail 122

Retail San Francisco Arizona Los Angeles 122

PYMNTS

SEPTEMBER 8, 2020

He said retailers and service providers need to address such anxieties as they sketch out their digital and omnicommerce strategies and think about what new tech to put in place. As long as retailers focus on creating such safe spaces, he said, “the future is bright.”. And that is where a lot of stress is created.”. Gauthier said.

Innovation 223

Innovation Retail Millennials Tools 223

PYMNTS

JANUARY 26, 2021

Users can monitor that usage and get suggestions from Amazon on how to best control their energy expenditures via the new energy dashboard. Market watchers have already begun listing additional features they want to see by the end of the year, according to reports. Alexa is now also able to monitor the power usage on connected devices.

Millennials 175

Millennials Data Trends Security 175

PYMNTS

JANUARY 15, 2020

Millennial consumers are a mobile group – according to data analysis by FiveThirtyEight , the average millennial makes 12 moves between moving out of their parents’ home at college graduation and buying their first home. They’re moving a lot. Why would you want to be saddled with furniture?”.

Millennials 131

Millennials Pennsylvania New York Groups 131

PYMNTS

DECEMBER 13, 2019

It’s a world that has sprung up around the spending power and tastes of millennials and Gen Zers, and it’s getting hard to keep track of all the available options. According to one Mastercard study , about one-third of millennials and Gen Zers would let a bot plan their next trip in an automated fashion using data from their travel history.

Fraud 130

Fraud Millennials Comparison Online 130

PYMNTS

AUGUST 20, 2019

And the conventional wisdom on alternative lending comes in for a gut check as more merchants learn how to reverse the course on subscription churn. Data: $800 billion+: Market cap of Google parent Alphabet. percent: Share of millennials who use mobile apps most frequently for planning in-store purchases.

Payments 130

Payments Millennials Google Lending 130

PYMNTS

FEBRUARY 20, 2020

That unburdens Toys R Us from shipping, marketing and fulfillment costs. No one expects Toys R Us to steal its market share back from Walmart, Target and Amazon. Marketers should watch closely to see if Toys R Us can sustain its presence through affiliate revenue alone, or if it slowly brings back direct sales.

US 156

US Industry Branding Millennials 156

NCR

JULY 12, 2016

Millennial customers are quickly becoming key to the growth strategy of financial institutions, particularly in hyper-competitive markets where customer churn remains high. While millennials tend to judge a bank on the basis of its digital capabilities, they still also expect a human connection to advise them.

Millennials 40

Millennials Meeting Compliance Regional 40

Accenture

NOVEMBER 28, 2017

But in order to capitalize on this in a rapidly changing market landscape, banks need to act now and create their strategy for winning in the era of open banking. In the Nordics, we see quite a mixed degree of preparedness between various banks to enter the new market.

Study 150

Study Millennials Examples Data 150

PYMNTS

FEBRUARY 11, 2019

At the time, Craigslist was the only real market for rentals. On the other side of the market, Cavins noted that there are more than 18 million registered RVs. In such a case, the traveler might land in Miami and take a taxi to the RV owner, who will show the borrower how to use systems like the generator. “We

San Francisco 219

San Francisco Millennials Miami America 219

PYMNTS

FEBRUARY 4, 2020

Pine Labs , which started as an offline retail payment provider in 1998, has since evolved to become a payment acceptance, stored value and in-store customer credit company that enables consumers to opt into installment payments plans online or at the point of sale in a physical store. But how to offer it as an option, can be tricky.

Austin 186

Austin Cards Marketing Mobile 186

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. Incumbents are not standing still and are acting to protect their market share. Market Map: The Startups Disrupting Retail & Commercial Banking.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

DECEMBER 24, 2020

Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. Millennials lead in the early adoption of BNPL, especially older “ bridge millennials ,” or those aged 32 to 41 who tend to have more purchasing power than their younger counterparts.

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

JANUARY 10, 2020

With roughly 17 million active users each month and 30,000 diverse online retailers, Honey has delivered some $1 billion in savings to shoppers in the past year. Citigroup Names New Retail Banking Leader. David Chubak will head all retail sectors — branches, mortgages, wealth, risk management and small business, according to a memo.

San Francisco 130

San Francisco Millennials Cards cryptocurrency 130

Long Lasting Ideas

JANUARY 5, 2015

But how do we attract a generation that communicates phone-to-phone and text to text, not face to face? Believe it or not, this is a slice of the market that in some cases has never opened the doors of a bricks-and-mortar branch bank or learned how to write a check. Offer millennials the human touch. Don’t.

Marketing 40

Marketing Millennials Community Bank social media 40

PYMNTS

OCTOBER 5, 2016

That’s still the norm, despite certain trends of women wanting other center gems like sapphires and emeralds , and others saying that millennials don’t buy diamonds. Where to start, what to choose and possibly most importantly: how to not get ripped off. He, like many millennials, wanted to get a big stone, but more so a good deal.

Millennials 173

Millennials Online Industry Trends 173

PYMNTS

JANUARY 8, 2021

Both consumers and businesses are exhibiting shifting expectations for how the lending process should work, and many are expressing interest in alternative forms of lending, such as peer-to-peer (P2P) loans. Another study predicted that the P2P lending market will reach nearly $559 billion by 2027 due to this expanded interest.

Lending 163

Lending Examples Tools Meeting 163

PYMNTS

FEBRUARY 3, 2017

While much is made of online retail, most transactions still take place in-store. But even in physical retail, consumers are drawn to digital experiences. On a broad scale,” said Luke Wilwerding, director of retail solutions at Elo , “we see tremendous growth in eCommerce, but it’s still dwarfed by the retail happening in-store. “On

Retail 100

Retail Online Technology Examples 100

PYMNTS

MAY 16, 2019

Some entrepreneurs are inspired to start companies because of their experiences: Edgar Blazona was tired of going to dinner parties and hearing how challenging it was to order furniture. Blazona, in turn, decided to think about how to create a model that was quick and easy as well as direct-to-consumer (DTC).

Branding 134

Branding Cards Millennials Retail 134

PYMNTS

OCTOBER 30, 2018

The new concept, according to reports, is called Roll by Goodyear, and it’s a very different concept for retail than what has been typical of the 132-year-old tire company’s MO thus far. In our (traditional tire) stores we skew slightly older and slightly male, and we are missing millennials and women,” Thomas said. “We

Millennials 159

Millennials Maryland Metro Course 159

PYMNTS

MARCH 8, 2019

Millennials, we’ve often been told, are a generation of renters, as opposed to buyers. But the end result is that millennials aren’t just more likely to rent their homes later into life than their Generation X or baby boomer counterparts. And while home decor is new for RTR, rentals are a wholly new market for West Elm.

Millennials 116

Millennials social media Retail Marketing 116

PYMNTS

APRIL 12, 2019

A study from The American Journal of Medicine indicates that market pressures in the industry are pulling doctors away from primary care and into sub-specialties. Among millennials, 45 percent report having no primary care doctor. These trends are more evident among millennials, but not unique to them.

Houston 118

Houston Study Millennials Course 118

PYMNTS

OCTOBER 15, 2018

Beyond the basics, brands that are less diversified in the restaurant environment are suffering the same difficulties that the mediocre middle-retailers have faced in the age of digitization. After informally questioning his millennial sons, then more formally studying the phenomenon, Collins found the statistic was far from impossible.

Millennials 145

Millennials Branding Online Retail 145

PYMNTS

SEPTEMBER 4, 2019

In an interview with PYMNTS, Richard Noguera , chief information security officer at Yapstone , discussed the findings of the playbook titled “ Meeting the Millennial Need For AI-Powered Visual Shopping.”. Ultimately, that benefits the market space,” he said, because it might spark a consumer’s impulse to click their way through to purchase.

Millennials 110

Millennials Data social media Analytics 110

PYMNTS

SEPTEMBER 24, 2019

That number is higher among millennial and Generation X respondents, at 77 percent and 63 percent, respectively. Nearly one-third of millennials would prefer to do their banking exclusively online and eschew branch locations entirely. Does digital banking sacrifice personal touches? Does digital banking sacrifice personal touches?

social media 111

social media Millennials Illinois Strategy 111

PYMNTS

MARCH 21, 2019

The aim, Prew noted, is to build something curated for the mid- to high-end of the market. For the target market, Prew is focusing on millennial females in central London between the ages of 25 and 35. From American Eagle to Rent the Runway, retailers are tapping into fashion rentals. Instead, the site it free to join.

Retail 130

Retail Millennials Company Security 130

PYMNTS

NOVEMBER 21, 2017

They’re a result of the Competition and Markets Authority (CMA) inquiry, which found a serious lack of innovation in the nation’s banking sector — especially when it comes to small- and medium-sized business (SMB) services. has its own Open Banking initiatives coming into force in 2018, too.

Fintech 115

Fintech Millennials Meeting Innovation 115

PYMNTS

JULY 29, 2019

Baumgarten spent eight months hitting the global insurance market to learn everything she could about the top claim reasons for recreational boating. Baumgarten showed underwriters how she would build a company and set up operations to mitigate those top risk factors. sandbar hopping?). This is a game changer,” Baumgarten said.

Course 121

Course Millennials Miami United States 121

PYMNTS

SEPTEMBER 6, 2019

The company is also playing in one of the hottest areas of retail, and a space unique for the flower business — subscription commerce. We had to figure out how to scale all that and make it really large,” he said. “We The use of tech is one way that Tabis said his company could stand out and make a real push for more market share.

Millennials 108

Millennials Course Industry Operations 108

PYMNTS

JULY 17, 2016

On face the fast fashion concept is backed by two such fundamentally good ideas that it seemed only natural that it would it would become the shape of things to come in clothing retail. A product of its times, fast fashion tapped into its millennial core audience’s two favorite things: saving money and novelty.

Retail 100

Retail New York Millennials Branding 100

PYMNTS

FEBRUARY 19, 2020

Chinese eCommerce platform Alibaba recently debated how to adapt its platform to better support North American small business vendors. B2B sellers know they must offer eCommerce sales channels if they want to appeal to today’s corporate buyers — many of whom are millennials. Around The B2B eCommerce World.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

FEBRUARY 11, 2019

The youngest of the bridge millennials – those 30- to 40-year-olds who today represent the first generation of connected consumers with spending power – will be having their mid-life crises at the age of 50. And the profound impact these intermediaries could have for how consumers pay for those purchases across all of the channels they shop.

Online 197

Online Retail Mobile Branding 197

PYMNTS

MAY 23, 2016

It has been a particularly grim retail season for the mall staples that defined landscape of the late ’90s and early 2000s. Karen Webster described this scenario in 2014 as The Coming Physical Retail Death Spiral. “So So how did Urban Outfitters get to be the sleeper success story of Q1? Quarterly revenue was $762.6

social media 100

social media Retail Portland Millennials 100

PYMNTS

NOVEMBER 16, 2020

9, 2020, the stock market hit a high not seen since February, shortly before the world would feel the brunt of the global pandemic. Interest in getting the vaccine is the greatest among those who have largely shifted to digital for shopping for retail products (42.3 On that day, Nov. and global economy for most of 2020.

Study 270

Study Retail Millennials Conference 270