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Kohl’s To Tap Into Facebook Data To Create Millennial Clothing Line

PYMNTS

Kohl’s is teaming up with the social media giant to uncover emerging brands that millennial shoppers consider cool. In another attempt to reach millennials, Kohl’s partnered with Popsugar to launch a clothing line last September. Kohl’s own curated lines will roll out in October with brands Adore Me and pop-up card designer Lovepop.

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Super Bowl Countdown Brings New Online Gambling Action From Barstool

PYMNTS

29), has Penn National Gaming Inc. Penn National reportedly will spend another $62 million or so over the next three years to increase its stake to 50 percent of Barstool Sports. Penn National reportedly will spend another $62 million or so over the next three years to increase its stake to 50 percent of Barstool Sports.

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What’s Under The Millennial Christmas Tree This Year?

PYMNTS

Yet, instead of offering the option to pay now and buy later, the credit cards reversed the order of operation and allowed customers to buy now and pay later over time. According to a study cited by Afterpay, most millennial consumers buy fashion and beauty items more frequently than other items, such as books, entertainment or home goods.

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How Millennial Drivers Are Changing Automotive Practices

PYMNTS

Unless one is nostalgic about cars and trucks, and gearhead and cruising cultures (not that such an attitude is the worst thing in the world), that’s probably a good thing — not only for those drivers, but for payments and commerce operators. Millennials Want To Own. The catch is the cost. Car Vending.

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Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds

PYMNTS

As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. In addition, passporting can help companies expand services across nations. That license will let the challenger bank launch banking operations, regulated by both the PRA and the Financial Conduct Authority (FCA).

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12 Industries That Will Thrive Thanks To Millennials

CB Insights

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.

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Walmart Finds Buyer For ModCloth

PYMNTS

After the acquisition, ModCloth will continue to operate out of its current operational set up, with Go Global Retail investing in its digital capabilities including artificial intelligence and predictive analytics. Walmart acquired the assets and operations of ModCloth in March 2017 for an undisclosed amount.

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