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With Home Equity Lacking, Will Millennials Embrace POS Financing?

PYMNTS

In 2006, 44 percent of tappable equity came from homeownerships with credit scores of 780; in 2017, the share had increased to 53 percent. And here is the kicker: “Much of the corresponding decline in share came from homeowners under 45, whose share of equity declined from 24 percent in 2006 to 14 percent in 2017.”.

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Boomers Vs. Millennials: Holiday Shopping … In September?

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It’s still technically summer for a few more days, but we already know how shoppers — Baby Boomers and millennials — are going to shop this holiday season. Retail sales in November and December are forecast to grow by just 1.3 percent year on year, the slowest rate of growth since 2006. So, what are millennials buying?

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Retailers, Here Are This Year’s Most Important Halloween Trends

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And that, according to new data released by the National Retail Federation , is precisely the point, as Halloween is a less “traditional” holiday than most and therefore more open to different interpretations for how to celebrate it. Millennials are also the top costume spenders, spending $42.39 percent from 2006.

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Turning To The Crowd ? And Gift Cards ? To Fund Honeymoons

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Modern consumers — millennials, in particular — couldn’t care less about receiving fine china, crystal stemware or other knickknacks as wedding gifts. This shift has allowed wedding registry platforms to see the revenue opportunity, and they are now working to help satiate millennial consumers’ desires for experiential giving.

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Teen Spending Hits Record Low, But Savvy Merchants Can Still Make Sales

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And while 2020 has represented an unusually sharp drop, teen spending has been on the decline for some time — peaking in 2006 at $3,023 on average. Those fears turned out to be well-founded, particularly for younger workers often employed in service jobs as retail clerks, waitstaff, child care, etc. A Foreseeable Fall-Off .

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Top News In Payments: Uber, Lyft, DoorDash Back Initiative To Fight Gig Worker Law; Adobe Predicts Holiday Sales To Reach $143.7B

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internet retailers with the inclusion of Amazon and Walmart. Walmart’s Daniel Eckert On Why TailFin Is Retail’s Next Big Thing . Walmart and Green Dot already have a payments partnership, one that involves the Walmart MoneyCard program and which launched in 2006. Even tech-savvy millennials fall victim to scams.

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For eCommerce Content, It’s Experiences Over Speed

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27), Anthony Barzilay Freund, editorial director and director of fine art at the retailer of antique and modern furniture, jewelry, fashion and art, talked about the role content — even long-form articles — can play in eCommerce in 2019. But catalogs can work, as 1stdibs and other retailers have learned. Speaking to Audiences.

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