article thumbnail

How Millennials Are Propelling Halloween To New Retail Heights

PYMNTS

That growth appears to be driven by millennials, with responses to a recent Citibank poll indicating survey participants between the ages of 18 and 36 expect to spend 2.5 Increased millennial spending comes despite the fact that the demographic is the one that most needs to save money, CitiBank noted in the article. billion, up 8.3

article thumbnail

California Dreamin’ (Of A Higher Minimum Wage)

PYMNTS

The $15 hourly minimum wage would be the highest in the nation, and the proposal represents a potential game-changer in the battle to raise the federal minimum wage, which currently stands at $7.25 an hour on Jan. 1, 2017, then to $11 an hour one year later and will see annual increases of $1 until reaching $15 an hour on Jan.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Madhappy Turned T-Shirts Into A Lifestyle Brand

PYMNTS

The tees and hoodies are all manufactured in Los Angeles. Many of the tees are plain, except for the Madhappy logo on the top left-hand side of the shirt. Other tees feature a graphic of the peace sign. Last fall, to promote its partner charities, Madhappy says it donated $1 for every re-shared post.

Branding 124
article thumbnail

MBA Tech Conference: New Outlooks, New Opportunities

William Mills

The Mortgage Bankers Association’s National Technology in Mortgage Banking Conference and Expo was held April 3 rd through 6 th in sunny Los Angeles, California. Millennials have been the topic of discussion for nearly every industry lately, and the mortgage industry is no exception.

article thumbnail

Meal Kit Providers Exit Q2 With Industry In Major Flux

PYMNTS

With millennials working multiple gigs, very few have enough time left to make a proper meal — if they aren’t eating out at a local restaurant. Blue Apron has long enjoyed the distinction of being among the early innovators in the meal kit category. Casualty of Competition.

Industry 100
article thumbnail

Ripple Effects: Mobile Payments Are Just The Beginning

PYMNTS

Cohen owns a national distribution network and deals with some of the nation’s biggest retailers. The ripple effects of this new model are less activity at ports, lower revenues for the trucking industry and a prediction by the National Retail Federation that this trend of low imports will persist.

Mobile 100
article thumbnail

12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.