Remove 2012 Remove Innovation Remove Millennials Remove National
article thumbnail

12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

article thumbnail

Retailers Give Fresh Focus to Single Consumers

PYMNTS

Forget millennials, that consumer segment that is blamed for the downfall of most everything while also being the target of many innovative efforts. So much retail and payments innovation takes place in China, and, in a sense, that holds true when it comes to single consumers. Shifting Tide. Singles’ Day. Big Growth.

Retail 133
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Self-Storage Goes Digital, And Gets Neighborly

PYMNTS

The industry has grown nearly 8 percent since 2012 and accounts for more than 120,000 jobs. Not only are millennials turning to self-storage at a higher rate than their parents, he told PYMNTS, but the excess demand means many self-storage operators feel free to skimp on customer service, security and anything resembling even basic insurance.

Policies 117
article thumbnail

Why Banks Reach For The Unprofitable, Demanding SME

PYMNTS

Even so, FinTech innovators aren’t ignoring traditional FIs, with many developing solutions just for the banks to help them ease back into the game. ” This concept considers the role that small businesses play in their local and national economies overall. and other markets.

Lending 100
article thumbnail

Retail Bedfellows Roundup: Staples Shares Space, Affirm Finances Life Experiences

PYMNTS

Sure, one could sit back in an armchair and chalk it all up to irascible millennials, but Staples is taking the proactive approach and making sure it can provide the right office supplies, however — and wherever — its consumers want them. “People are everywhere,” Jacobson said. “People are living in all different places.

Retail 100
article thumbnail

In Favor Of Delivery: The Growing Omnichannel Store-To-Door Ecosystem

PYMNTS

Recent market research performed by the NPD Group revealed that delivery traffic outside of pizza has expanded by 33 percent since 2012. Since emerging on the scene and opening up culinary choices for diners across the U.S., these services have gained notable traction with customers who are hungry for fare with flair.

Resources 102
article thumbnail

24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. Eldercare has long been a target for technological innovation, with advocates highlighting the practical and infrastructural challenges presented by 73M baby boomers aging into their retirement years.

Industry 101