Remove 2013 Remove Millennials Remove National Remove Retail
article thumbnail

What’s Under The Millennial Christmas Tree This Year?

PYMNTS

All that’s left now, more or less, is the rush of returns that will all but overwhelm some retailers. Sneakers, of course, are always popular,” and that popularity looks likely to hold well after the 2019 holiday shopping season — thanks to the preferences of younger shoppers, including millennials and Generation Z. Top Sellers.

article thumbnail

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 a bit of granular detail, the authority will offer up two “full bank” licenses, which will allow non-banking companies to offer a gamut of services, including taking on deposits from retail customers.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Coming Millennial FinTech Crisis

PYMNTS

While they enjoy many FinTech innovations, most millennials don’t have a snowball’s chance of earning more than their parents — ever. It’s one thing for the millennial offspring of the billionaire hedge-fund scions to fall short of making a billion because they only manage to pull down $760 million a year. It’s a fact. population.

article thumbnail

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.

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

Can Six Days Make (Or Break) The Holiday 2019 Shopping Season?

PYMNTS

Thanksgiving outlived Lincoln, and every president that followed him offered the same proclamation every year declaring a national day of Thanksgiving to be celebrated on the last Thursday in November. There was the small matter of a raging depression — and retailers argued that the shortened shopping season could do them in.

Retail 139
article thumbnail

Electronics And Apparel Drove 2016’s Respectable Back-To-School Shopping Push

PYMNTS

Driving sales this year has been good weather, which has kept foot traffic up (a challenge in 2014), though parents are increasingly looking only for value, especially millennial parents. percent rise in 2013, according to data from First Data. Current projections have back-to-school 2016 bringing in $75.8