PYMNTS

JULY 14, 2020

Post-2009, millennials demonstrated a clear aversion to financial risk, especially for lifestyle purchases, resulting in a tangible shift away from credit cards,” Nick Molnar , U.S. We went public when we had about 100 retailers signed on and 30,000 customers, so really early in the process.

Millennials 188

Millennials Capital Trends Report 188

PYMNTS

AUGUST 22, 2018

We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. Within that latter number, stated Farfetch, at the end of the most recent quarter, “we partnered with 614 of the world’s leading luxury retailers and 375 brands.”. Perhaps no surprise: the young’ns.

Online 101

Online Retail Branding Data 101

PYMNTS

JULY 18, 2016

This newfound cost consciousness is reshaping the retail industry in everything from spurring the rise of fast fashion at the expense of mall “anchor stores,” to the increasing popularity of off-brands or store brands in the supermarket, to the shift in the apparel business, to off-price retail outlets over full-priced department stores.

Branding 100

Branding Retail Study Portland 100

PYMNTS

FEBRUARY 11, 2020

Founded in 2009, thredUP has processed more than 100 million pieces of clothing in the past decade, according to its president, Anthony Marino. percent of StockX sales had a retail multiple of 1x to 2x , meaning that resale prices were between zero and 100 percent over retail. an independent environmental research firm.

New York City 124

New York City Marketing New York Los Angeles 124

CB Insights

MARCH 14, 2018

Millennials stand to inherit approximately $30T from their parents, the baby boomers, in the coming decades, and both upstarts and advisors are vying for a piece of the pie. Startups are especially well-positioned to establish credibility with young investors because many do not trust banks after the 2008-2009 financial crisis.

Millennials 53

Millennials Trends Management Company 53

PYMNTS

JANUARY 31, 2018

Reviews are just one tool in Amazon’s arsenal — and the playbook of other eCommerce retailers — to reduce customer doubts and encourage consumers to complete the checkout process. But not all retailers offer these features. User reviews can make or break products that appear on eCommerce retail websites like Amazon.

Retail 112

Retail Millennials social media Strategy 112

PYMNTS

MARCH 5, 2017

In 2009, overall cash usage spiked around the global financial crisis but then went into decline, dipping to 13.1 And cash’s popularity isn’t limited just to retail purchases. PayNearMe allows consumers to pay bills with cash by visiting local retail partners like Family Dollar or 7-Eleven. percent and 15.5 percent in 2015.

Technology 100

Technology San Francisco Analysis United States 100

PYMNTS

FEBRUARY 16, 2018

While much of physical retail struggled in 2017 from rapidly realigning consumer shopping habits, the team at Home Depot had an incredibly solid year, with same-store sales growing each quarter and a stock price that surged 42 percent. Despite retail’s slump, the stock market did well in 2017.

Retail 101

Retail Training Atlanta Marketing 101

PYMNTS

SEPTEMBER 20, 2019

Launched in Paris in 2009, Vestiaire Collective has a community of more than 8 million members in 50 countries worldwide that list 40,000-plus new pieces every week. Such authentication checks must be quick as customers, especially millennials and members of Gen Z, have come to expect seamless transactions and fast delivery.

Online 118

Online Millennials Community Fraud 118

PYMNTS

OCTOBER 10, 2018

Charnas, based on a tip from her sister, decided to start a fashion blog in 2009. Today, she noted, things are quite good, as she is the rare internet celebrity who has turned a social brand into a bankable retail venture. The relationship did not last. The fashion blog, on the other hand, not only lasted, but grew.

Branding 184

Branding social media Marketing Millennials 184

PYMNTS

OCTOBER 5, 2018

The brand largely focuses on (and sells to) younger shoppers — particularly millennials and Gen Z. Despite that fact, however, eight of the retailer’s top 10 best-selling brands are Revolve private label, which according to its latest SEC filing provide 27 percent of the firm’s revenue.

social media 135

social media Branding Course United States 135

PYMNTS

NOVEMBER 7, 2019

7), the transit-as-a-service operator is offering car and truck owners looking to offload their vehicles a deal: Sell those vehicles via online retail service Carvana and get in return $250 worth of Lyft credits, plus three months of free membership in Lyft’s new Lyft Pink membership subscription program.

Los Angeles 101

Los Angeles San Francisco Software Millennials 101

PYMNTS

JULY 13, 2016

Brick-and-mortar retail will forever remember the day that Nintendo released Pokémon GO , a mobile game that has caused millions of millennials to suddenly discover outside again. However, some retailers prefer to play cards of the kind as close to the corporate chest as possible. billion acquisition of Home Retail Group.

California 100

California St. Louis Retail Branding 100

PYMNTS

SEPTEMBER 8, 2016

million vehicles sold in 2009 during the peak of the recession. “Compact and midsize SUV sales are being fueled by aging Baby Boomers, who find it easier to slide into utilities than plop down into sedan seats, and maturing millennials, who find it easier to install child seats into utilities than sedans.” There were 17.4

Industry 100

Industry Trends New York Millennials 100

PYMNTS

AUGUST 21, 2017

We should note that apartments are getting smaller — in 2009, the average NYC apartment was around 1,000 square feet. Millennials are looking for frictionless experiences,” Hasier Larrea, one of Ori’s co-founders, noted in an interview. With a push of a button or a command correctly given, Ori becomes what the user wants.

New York City 105

New York City New York Millennials Miami 105

CB Insights

SEPTEMBER 10, 2019

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

OCTOBER 4, 2017

Wherever one falls in that debate, it took Uber in 2009 to give it its modern-day label, despite being an employment status many decades before. Career retail, restaurant and hospitality workers have also become patrons of the site, drawn in by its excellent employer network. The Retail X Factor.

Retail 101

Retail Groups Millennials Management 101

Gonzobanker

MARCH 6, 2018

Big banks have been in the driver’s seat on growing their market share in retail, while paring down branch networks. Meanwhile, Wells plans to close 450 branches by 2019, BofA has closed 1,600 branches since 2009, and Chase closed 365 since 2015. Aligned and Future-Ready.

Strategy 87

Strategy Marketing Mobile Trends 87

PYMNTS

APRIL 17, 2017

In a conversation with economist and author of “Matchmakers: The Economics of Multi-Sided Platforms,” David Evans, in 2009, Co-Founder and CEO Jack Dorsey initially hinted at ambitions of controlling both ends of the payments ecosystem with what he called a “more elegant” payments experience. And industry pundits fell in love.

Apple 110

Apple Capital Cards Payments 110

Gonzobanker

DECEMBER 20, 2019

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. So many miles to go, retail bankers! In a mature credit cycle with a tough yield cure, Chase is still growing retail revenue a 7+% and mobile banking users by 12+%. Might be time to.

Idaho 148

Idaho Conference Data Marketing 148

PYMNTS

JANUARY 22, 2018

Overall, Amazon’s 2017 private-label sales are estimated at nearly $450 million – not too shabby, given that its private-label business started in 2009 with just a handful of items. What has been dubbed the “Costco for millennials” sees 81 percent of its sales coming from consumers ages 25 to 44 who buy 10 items each time they order.

Innovation 135

Innovation Online Branding El Paso 135

PYMNTS

APRIL 11, 2016

That consumer/merchant two-step has characterized PayPal’s path in retail payments over the last decade — balancing the need to give consumers more places and more reasons to use it and merchants more reasons to add it to their sites. Venmo was established in 2009 and acquired by Braintree in 2012 for roughly $26 million.

San Francisco 100

San Francisco Operations Examples Branding 100

CB Insights

OCTOBER 26, 2020

A slew of startups have emerged over the last few years that are especially popular among millennials, and designed to serve as a cheap investment manager and an introduction to the basics of wealth management. In 2009, JPMorgan, Citigroup, Bank of America, Goldman Sachs, and Morgan Stanley made almost $100B from trading alone.

Management 78

Management Capital Company Marketing 78

CB Insights

SEPTEMBER 17, 2018

Store brands from retailers were seen as down-budget choices. Target’s Cat & Jack kids’ line has delivered double-digit results since its 2016 launch, even as traditional retailers struggle to stay afloat. Clothing: how retailers are attempting to escape the industry apocalypse by introducing store brands.

Industry 67

Industry Branding Retail US 67

CB Insights

OCTOBER 6, 2017

Meanwhile, nearly 5 million retail workers are at a medium risk of automation within 10 years. With the emergence of industry-specific AI, the effects of automation — initially felt in manufacturing — are seeping into retail sales, restaurants, e-commerce, marketing, and even software development. Retail salesperson (4.6M).

Software 69

Software Industry Retail United States 69

CB Insights

OCTOBER 10, 2017

Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” Bankrate found 83% of millennials don’t think they’ll ever retire: they simply “don’t think they’ll have the money” to do so.). In aggregate, they command $1.3 trillion in annual spending.

Tools 78

Tools Millennials US Maine 78

CB Insights

MARCH 2, 2018

BRIEFING: Surviving the Retail Apocalypse. How are brick-and-mortar retailers surviving and adapting in the world of digital commerce? They also know how successful a retailer can be if it builds a leading e-commerce presence and brings a country into online retail. First Name.

Regional 68

Regional Retail Marketing Online 68