Remove 2011 Remove Millennials Remove Online Remove Retail
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Can Millennials Revive Call Center Commerce?

PYMNTS

Millennials have long borne the blame for a variety of problems in commerce, including the decline in popularity of diamonds and certain fast casual restaurants. Millennials could be helping to bring new life to call center commerce. That’s reportedly the case when it comes to luxury retail brand Gucci. Larger Changes.

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Physical Retail Looks For New Life This Holiday Season

PYMNTS

The obituary for brick-and-mortar retail has been written many times. Retailers need to seize the moment when shoppers return gifts. Preparing for returns is a best practice; leveraging returns intelligence to inform product development and new customer acquisition strategies is next-practice retail.”. Consumer Trends.

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How Home Became The Hub For The Digital Economy

PYMNTS

Alexa wasn’t the first voice assistant in the race to catch consumers’ attention — Apple’s Siri beat her to the punch in 2011. Approximately twice as many consumers now shop for retail products from home as did a year earlier, while three times as many relocated their grocery shopping from the store to their homes.

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Big Retail Problems, Small Format Solution?

PYMNTS

With traditional brick-and-mortar retail facing big problems , some chains are addressing them with small solutions. Is this a viable answer to the beating that Sears’ bottom line (and that of many other one-time stalwarts of brick-and-mortar retail) have been taking in recent years? Specifically, with small(er) stores.

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Five Key Takeaways From Poshmark’s IPO Filing 

PYMNTS

In doing so, we bring the power of community to buying and selling online. We created Poshmark in 2011 to make buying and selling simple, social and fun. That’s not surprising, as Target reported a 155 percent jump in third-quarter digital sales , while Walmart ’s online sales grew 79 percent during the same period.

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How Can Banks Thrive in the Next Five Years?

Jeff For Banks

And products started migrating online. Then came this bubble generation they named millennials. Ever call your millennial child only to get a text back asking "what?" There is a fintech firm, SoFi, that was born in 2011, that focuses on millennials financial needs. We can ignore millennials no more.'

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Poshmark IPO Puts Spotlight On reCommerce

PYMNTS

The social media-focused platform company’s business model is simple: it’s a retail destination for consumers looking to sell their second-hand apparel and other goods or pick up desirable designer items for fraction of the price. In doing so, we bring the power of community to buying and selling online. What Comes Next.