PYMNTS

JUNE 2, 2020

The past several months have been largely defined in the retail world by merchants and brands making quick digital pivots to stay afloat in an environment that’s gone from “digital sometimes” to “digital mostly.”. When selling online became the only game in town, retailers across the board got very seriously digital overnight.

Retail 142

Retail Meeting Millennials Branding 142

PYMNTS

DECEMBER 31, 2020

The pandemic has changed the rules, however, and merchants have rapidly adjusted to a retail climate in which customers retain significant health concerns. The global health crisis prompted many consumers to alter their holiday habits this year, including where they shopped, what they bought and how they paid.

Millennials 167

Millennials Retail Online Guidelines 167

PYMNTS

DECEMBER 26, 2019

Change came from various areas for retail in 2019. Retail merchandising was, at best, a hit-or-miss system in its heyday, Nextail CEO and Co-Founder Joaquin Villalba told PYMNTS in a recent conversation. Analytics, too, was another hot spot for retail change in 2019 and will continue to be for the 2020s. Role of Data.

Retail 132

Retail Trends Analytics social media 132

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

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

NOVEMBER 27, 2018

Convenience store operators would be wise to pay close attention to the purchasing habits of a certain subset of consumer: the Bridge Millennial — the first generation of connected consumers with spending power. Building A Better Bridge Millennial Gas App. For C-Stores, An Opportunity To Woo Bridge Millennials.

Millennials 130

Millennials Mobile Payments Survey 130

PYMNTS

JANUARY 16, 2020

Convenience is key in the retail sector, especially in eCommerce, where merchants with frustrating or complicated online shopping processes can easily lose customers. Avoiding such an exodus means retailers must be flexible when developing the tools consumers use to make purchases. How Millennials Are Driving BNPL Growth.

Millennials 130

Millennials Mobile Retail Branding 130

PYMNTS

OCTOBER 1, 2018

And that preference is likely to deepen as the IoT pushes more of the world online. The question for merchants and retailers is how to turn those changing payments preferences into new ways to reach and please one’s consumer base. Data: 60 percent: Share of millennials who report they prefer using apps to make payments.

Data 155

Data Millennials Mobile Online 155

PYMNTS

JULY 28, 2020

Millennials and Generation Z consumers get all of the attention when it comes to their changing digital habits amid the pandemic. Google the words “millennials shopping shift,” and page after page of listicles, think pieces and how-to articles appear. percent of bridge millennials and 53 percent of millennials.

Millennials 244

Millennials Survey Ohio Google 244

PYMNTS

DECEMBER 8, 2016

Between the Instagram selfies, Twitter hashtags and Facebook posts, millennials seem to overshare. The more information that’s asked of them, the less likely it is that [millennials] will finish the application,” said Johnny Ayers, cofounder of Socure. “The But how few is “fewer?”. “I It’s All About The Use Case .

Millennials 100

Millennials Data social media Technology 100

PYMNTS

JUNE 25, 2018

He then asked if I would like information about how to become an Amazon Prime member so that I could take advantage of those deals. Another had an offer with a promo code to get $10 off my first online order, which would be delivered free to my front door in two hours or less once I linked my Prime account to Whole Foods.

Retail 156

Retail Branding Millennials Online 156

PYMNTS

SEPTEMBER 8, 2020

But nowadays, “every decision that we make — ‘Should I go to the grocery store or should I order my groceries online and then pick them up from the curb? Should I leverage the online capabilities?’ — taxes that budget,” Gauthier said. As long as retailers focus on creating such safe spaces, he said, “the future is bright.”.

Innovation 223

Innovation Retail Millennials Tools 223

PYMNTS

APRIL 25, 2016

“Improving engagement” has become just another platitude in retailers’ back pockets as they figure out which channel of the increasingly fragmented online world they should focus on, but Nordstrom may have struck gold with a new Snapchat-centered production.

Millennials 100

Millennials South Carolina social media Oregon 100

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. Pizza Hut plans to acquire online ordering software provider QuikOrder. In Other Brick-And-Mortar News. restaurants.

Retail 122

Retail San Francisco Arizona Los Angeles 122

PYMNTS

JULY 25, 2018

So how to get nice – but not so nice that nice becomes an unaffordable luxury? ” The price of that craftsmanship is balanced out by the cost savings associated with selling direct to customers online – there are no middlemen or retailers to pay or appease. “We

Millennials 100

Millennials Tools Examples US 100

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. Enter the platforms, complete with algorithms and tools to discover and price-compare any experience or item that can be booked or rented online. Where’s the Trust?

Fraud 130

Fraud Millennials Comparison Online 130

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. That’s not to say physical retail is dying.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

DECEMBER 4, 2018

For APMs and other players – especially the traditional credit card issuers – the question remains: How to keep the consumer engaged? 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. There’s a wrinkle here, though.

Payments 191

Payments Millennials Cards Course 191

PYMNTS

OCTOBER 30, 2019

Online tools are saving customers time on acquiring goods and services. Marketplaces (as well as financial services firms, grocery retailers and other businesses), therefore, must step up their protections against the wave of online attacks. Tackling Millennials’ $71M eCommerce Fraud Problem. over the past two years.

Fraud 101

Fraud Millennials Resources Tools 101

PYMNTS

FEBRUARY 19, 2020

Corporate buyers can pay more rapidly online with credit cards, benefitting sellers, and enjoy easy access to detailed, searchable information to guide their purchasing decisions. Chinese eCommerce platform Alibaba recently debated how to adapt its platform to better support North American small business vendors. About The Report.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

JANUARY 27, 2021

These developments may make consumers more concerned than ever about when and how to finance the purchases they need. Millennials’ attraction to the tool also appears to be growing, with 38 percent of this age group reporting in the September survey that they are “highly” interested in using BNPL — up from 32 percent in March. .

Tools 131

Tools Payments Millennials Survey 131

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

SEPTEMBER 16, 2019

Retailers scour social media to find influencers and designer bellwethers to turn trends into sales. In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. Pundits identify bellwether states to predict election outcomes.

Millennials 222

Millennials Study Course Trends 222

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 8, 2021

Figuring out how to bridge this gap may be key for lenders in the near future and may require implementing new technologies that can help cut down on the time and complexity of these loans. It is therefore important for retailers to examine how they are offering such payments to maintain customers’ attention.

Lending 163

Lending Examples Tools Meeting 163

PYMNTS

MAY 29, 2020

Companies that didn’t have online shopping channels couldn’t sell their products, while eateries that didn’t provide online ordering for delivery or pickup couldn’t serve their diners. How To Keep Fraudsters From Scamming Banks Across Every Nook And Channel . Retailing 2020: Five Things To Watch.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

OCTOBER 30, 2019

Also, a study by Adobe Analytics found that the upcoming holiday shopping season is expected to break records in online spending. A study by Adobe Analytics found that the upcoming holiday shopping season is expected to break records in online spending. internet retailers with the inclusion of Amazon and Walmart.

Analytics 101

Analytics Study Payments Fintech 101

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.

Retail 100

Retail Online Technology Examples 100

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. I think restaurants are just beginning to learn about the modern consumer and how they are interested in knowing a little bit more about them.”.

Millennials 145

Millennials Branding Online Retail 145

PYMNTS

MAY 17, 2016

One would expect that a event called the Retail Innovation Conference (RIC) would be a veritable brainstorm of big ideas as to how to improve the woeful retail space in the U.S.: mobile payments , beacons , online-to-offline and so forth. Retail operations are important. But logistics are important.

Retail 100

Retail Conference New York City Innovation 100

BankBazaar

MAY 31, 2022

Touted as the revolution in the way we shop online, BNPL lets you make a purchase but pay for it at a later time, usually over a series of small instalments and added interest (if applicable). You will usually see BNPL payment plans when you shop online at major retailers and stores. Focus on your financial goals .

Millennials 78

Millennials Payments Cards Online 78

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. How To Win The $1.4T Battle For Millennials. Fun, Cool and Otherwise Interesting.

San Francisco 130

San Francisco Millennials Cards cryptocurrency 130

PYMNTS

FEBRUARY 20, 2020

Target doubled its toy inventory over 2017, while expanding 500 stores by a total of 250,000 square feet, Amazon created a 68-page toy catalog, and Walmart opened its “America’s Best Toy Shop” concept online. Can a big brand even be profitable in today’s retail environment? What will sell for Christmas next year? percent clip in Q3.

US 156

US Industry Branding Retail 156

PYMNTS

SEPTEMBER 24, 2019

The financial world has become more and more entrenched in digital channels, much to customers’ delight — 59 percent of FI consumers want to open banking accounts online rather than do so at a branch. That number is higher among millennial and Generation X respondents, at 77 percent and 63 percent, respectively.

social media 111

social media Millennials Illinois Strategy 111

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. Users can order up an online valet so that their car can be picked up and dropped off after the tires are changed.

Millennials 159

Millennials Maryland Metro Course 159

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 Retail Millennials 134

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. This year in the US, JP Morgan launched mobile banking app Finn and Goldman Sachs’ retail banking arm Marcus crossed 1.5M Incumbents Play Catch-Up.

Retail 78

Retail Cards Millennials Mobile 78