PYMNTS

NOVEMBER 5, 2019

Convenience stores are not only a staple of consumer life — they also operate under often bad reputations, as places where the coffee is supposed to be stale and the food unhealthy. But things are changing fast in this corner of retail. LISNR is one company involved with gas station, convenience store and general retail transactions.

Retail 101

Retail Millennials Mobile Training 101

PYMNTS

JUNE 14, 2018

Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. Gravy’s CEO Brian Wiegand thinks of it as “QVC meets Price is Right.” Attracting Millennials.

Millennials 118

Millennials Branding Mobile Apple 118

PYMNTS

AUGUST 19, 2019

That said, there seems little question that younger consumers will continue to drive most changes in mobile, including its often complex place in the retail and shopping chain. PYMNTS-LISNR research demonstrates how younger consumers are driving this shift in the history of retail. Generational Shift. “A percent and 42.8

Mobile 179

Mobile Millennials Retail Online 179

NCR

JULY 7, 2017

All banks are aware of the importance of catering to the needs of the millennial generation. But developing a clear idea of what a certain group of customers want, and then coming up with strategies to meet these expectations, is by no means an easy task. He told Venture Beat : “[Millennials] just want to live their lives.

Millennials 75

Millennials Customer Experience Meeting Industry 75

PYMNTS

APRIL 9, 2019

Retail innovation labs – incubators or tech hubs – aren’t confined to operations run by the likes of Amazon or Walmart. A new lab store from 7-Eleven underscores the innovation wave that is taking place in the convenience store sector of retail – a sector ripe for change, disruption and growth. stores with the innovation.

Innovation 155

Innovation Millennials Dallas Retail 155

PYMNTS

AUGUST 9, 2018

Retailers lose out on an estimated $236 billion worth of sales annually because they create difficult or frustrating shopping and checkout experiences. Consumers aren’t digital novices anymore, and they keep expecting more from eCommerce operators. That’s why it is important for retailers to meet consumers on their own terms.

Millennials 101

Millennials social media Exercises Retail 101

Jeff For Banks

JULY 5, 2022

I was invited to speak at a bank client's annual meeting of shareholders on what I think a bank needs to do to thrive. Then came this bubble generation they named millennials. Ever call your millennial child only to get a text back asking "what?" Because that is what millennials needed at the time. Not your chairman.

Millennials 78

Millennials Community Pennsylvania Community Bank 78

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 6, 2019

Accounts payable (AP) departments must evolve to meet the needs of gig workers, who typically make a living stringing together individual projects or gigs on the side to cover living expenses. Independent and company-hired truckers haul goods across the nation, keeping retailers supplied and in operation.

Tools 186

Tools Payments Millennials Strategy 186

PYMNTS

MAY 21, 2020

That consumers have relocated their lives online in response to the pandemic is an easily visible fact when you look at earnings reports that successful retailers are releasing. percent of millennials have gone online to manage their retail lives during lockdown and plan to at least partially continue doing so in the future.

Millennials 171

Millennials Survey Online Retail 171

PYMNTS

JANUARY 25, 2021

These plans fund retail purchases that consumers can then pay off over time in typically four installments. Customers who meet each payment deadline can avoid fees, and some find that the late fee structures used by these flexible payment plans better suit their tastes than those used by credit card companies.

Payments 185

Payments Tools Retail Cards 185

PYMNTS

OCTOBER 1, 2019

However, that’s only part of what’s really going on when it comes to this particular card payments mark for convenience stores and gas pumps, according to a new PYMNTS interview with Chris Triconi, director of petro, convenience stores, and fuel retail at payment technology firm LISNR. That’s one part of the EMV story for U.S.

Innovation 167

Innovation Customer Experience Retail Operations 167

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

MAY 20, 2019

Kiosks are increasingly becoming part of the retail landscape. As reported in the latest Unattended Retail Tracker , done in partnership between PYMNTS and WorldNet Payments, unattended retail is gaining traction worldwide, on the heels of growth in consumer demand and as employers look to increase their operating profits.

San Francisco 170

San Francisco Retail Philadelphia Cards 170

PYMNTS

SEPTEMBER 4, 2019

Millennials, the conventional wisdom goes, are far more into experiences than they are into buying things. But, he noted, in the case of millennials some of that fear is not just the same old alarm. This long-term worry is far more significant and can be summarized in one sentence: Millennials don’t want to buy stuff,” Becker said.

Las Vegas 101

Las Vegas Millennials Meeting Maine 101

PYMNTS

SEPTEMBER 3, 2020

For financial institutions (FIs) and enterprises that seek to pivot to meet the growing demand for digital payments, observing and reacting to shifts in how different generations prefer to pay will be critical during the pandemic and beyond, according to Royal Cole , executive vice president, FI payment solutions at FIS.

Payments 262

Payments Security Millennials Retail 262

PYMNTS

MAY 1, 2020

Over 38 percent of consumers are now buying retail goods and groceries online more often than they did before, and 11.3 Yet less than a third of Main Street small and medium-sized businesses (SMBs) are adapting their operations to meet consumers’ post-pandemic expectations.

Maine 141

Maine Millennials Payments Analysis 141

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

Gonzobanker

AUGUST 10, 2023

As bank executives navigate rising rates, margin compression and recession risk in 2023, a striking reality has seeped into leadership meetings: the hybrid workplace is here to stay, and there’s a ton of strategic ramifications to this new aspect of the business.

Leadership 140

Leadership Training Meeting Michigan 140

PYMNTS

OCTOBER 21, 2020

The program is operable immediately. Only brands that meet eBay's Certified Refurbished criteria qualify for the program. Items must be in like-new condition and must have been professionally refurbished by the manufacturer – or a manufacturer-approved vendor – to meet eBay’s specifications. eBay announced on Wednesday (Oct.

Branding 192

Branding Samsung Meeting Millennials 192

PYMNTS

JULY 29, 2016

Online retail has taught merchant and consumer alike a pertinent lesson for the age of digital retail: Everything might have a price, but the quest for the ultimate bargain means it can always be lower. The story starts with a somewhat out-of-the-blue move from leading discount retailer Dollar General.

Millennials 100

Millennials Retail Conference Community 100

PYMNTS

AUGUST 9, 2018

Coverage includes the collapse of the Albertsons merger with Rite Aid, Walmart and JD.com make a huge investment in Dada-JD Daojia, IBM and Maersk get new participants in a blockchain effort, retailers lose billions due to navigation issues and the ways screen size affect digital sales. IBM and A.P.

blockchain 100

blockchain Meeting Retail Mobile 100

PYMNTS

MAY 28, 2020

We know that today’s millennial parents want their children’s rooms to reflect their unique style more than ever.”. Design Squad, for its part, is powered by interior designers and many of those professionals are parents themselves.

Millennials 130

Millennials Meeting Branding Innovation 130

PYMNTS

JANUARY 17, 2019

L’Occitane said the acquisition of the Elemis brand — which is popular with millennials and Generation X consumers — is intended to strengthen its global growth as it expands its market, particularly in Asia where high-end skincare is a rapidly growing area of interest and spend for consumers. billion euros ($2.5 The firm reported 1.3

Branding 123

Branding Regional Retail New York 123

PYMNTS

FEBRUARY 19, 2020

Trade shows, corporate board meetings and business fundraisers are important parts of companies’ operations, but are difficult to pull off. B2B sellers know they must offer eCommerce sales channels if they want to appeal to today’s corporate buyers — many of whom are millennials.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

MAY 29, 2020

Credit unions (CUs) are upgrading their automated teller machines (ATMs) to offer a broad array of banking services from loan applications to account transfers and beyond in the hopes that having more versatile ATMs will be able to meet the needs of their members as brick-and-mortar branches stay shuttered.

Maine 130

Maine ATM Innovation Millennials 130

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. One of the biggest challenges these companies face is that many operate without a bank charter or license. why profitability won’t come easy.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

JANUARY 10, 2018

When Mastercard launched the Start Path accelerator program in 2014, the goal – according to VP and senior business leader, Amy Neale – was to make it easier for emerging companies to enter “our world” through a combination of operational support, commercial access and some strategic funding.

Company 194

Company Meeting Millennials blockchain 194

PYMNTS

FEBRUARY 11, 2020

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. Facing a growing cash crunch — and trying to streamline its operation — Brandless laid off 13 percent of its staff last March.

Branding 150

Branding Operations Leadership Millennials 150

PYMNTS

FEBRUARY 21, 2020

Restaurants need to meet guests where they are – and remain on-brand throughout the experience. percent of those medium-sized operators offer that option, compared to 4 percent of small operations and 3.4 percent of large operations. Delivery can be a catalyst to driving sales and creating loyal, repeat customers.

Customer Experience 146

Customer Experience Operations Millennials Online 146

PYMNTS

NOVEMBER 21, 2017

Open Banking will make a transformational change to banking for personal customers and small businesses,” said Alasdair Smith, the CMA’s chairman of the retail banking investigation, when the group announced its findings earlier this year. A survey released last year by Visa U.K.

Fintech 115

Fintech Millennials Meeting Innovation 115

PYMNTS

DECEMBER 19, 2018

Retailers are rolling out new ways for consumers to purchase their groceries that allow them to trade the checkout line for a few taps on a smartphone. percent — of shoppers visit a grocery retailer because they can well-coordinate online and in-store shopping. Just under 17 percent — or 16.7 The future looks even more promising.”.

Retail 108

Retail Colorado Online Mobile 108

PYMNTS

NOVEMBER 8, 2019

Same-store sales increased only 2 percent for quick-service restaurant (QSR) operator Shake Shack in the third quarter of 2019, disappointing investors. The chain’s revenue increased some 32 percent year over year, though, hitting nearly $159 million, and meeting analyst expectations. As well, the chain’s traffic increased by 1.2

Mobile 101

Mobile Operations Trends Millennials 101

PYMNTS

MAY 2, 2018

Millennials love to share. They are proportionally comfortable using gig economy services that provide these things, with about a third of millennials working some sort of gig position themselves. The two-sided marketplace operates in 200 locations across the U.S. Some are also willing to meet families at the airport with gear.

Millennials 144

Millennials Training Miami Leadership 144

PYMNTS

MARCH 21, 2019

They can meet up in person in a public place for an exchange to cater to last-minute on-demand requests, or they can send items by mail. The site operates similarly to eBay from a lender’s perspective. For the target market, Prew is focusing on millennial females in central London between the ages of 25 and 35.

Retail 130

Retail Millennials Company Security 130

PYMNTS

MAY 28, 2019

And, to meet their day-to-day needs, more consumers are tapping into digital platforms seeking top-notch customer support and seamless service. million buyers who operate in industries such as website development, logo design and blog writing. Mallzee created a digital mall where consumers can compare many different retail brands.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

MAY 14, 2018

Consumers – particularly millennials – are driving less and buying fewer cars; the age of the internal combustion engine is coming to an end in favor of electric vehicles; and, of course, vehicles as we know them are soon to be replaced by self-driving software platforms that we will call “cars” mostly out of nostalgia.

Millennials 101

Millennials Operations Mobile Cards 101