PYMNTS

JUNE 16, 2016

A lot of fuss is made over millennials and their proclivities toward things being easy. So, when it comes to something like digital banking , it’s not so much about finding what’s easy as it is about finding what service best meets millennials’ needs. Millennials to big banks: No thanks ….

Millennials 100

Millennials Mobile Digital Banking US 100

PYMNTS

SEPTEMBER 1, 2020

online wholesale retailer sometimes called “Costco for millennials,” is seeking a buyer, Reuters reported. Boxed, formed in 2013, has raised $240 million from investors, including American Express and GGV Capital. Boxed , the U.S. Boxed, based in New York, offers sales of fresh groceries, office supplies and more.

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Online New York Millennials Maine 205

PYMNTS

JULY 8, 2019

In a new PYMNTS interview, Andrei Cherny, CEO at Aspiration Bank, shares with Karen Webster his experience in building this new retail banking concept over the last four years. What we’ve really done is create this category of socially conscious, sustainable retail banking that really didn’t exist before,” Cherny said. “We

Retail 116

Retail New York City Millennials Boston 116

PYMNTS

AUGUST 28, 2018

What about retail stores, restaurants and hotels? Technology is making it easier for the workforce to put in the daily eight (or 10, or 12) hours from their own homes, but another change is taking place: Using commercial space left behind by retailers, or in eateries or hotels, as communal areas of work. WeWork Efforts.

Retail 101

Retail New York City Arizona United States 101

PYMNTS

FEBRUARY 6, 2020

The retail angle (outside of Nike’s own stores) is that the company is betting consumers will be attracted to environmentally friendly products, regardless of whether they have a “swoosh” or not. “The 6), marking his first television interview since taking the helm at the retailer last month. “It Of those, 12.4

Millennials 152

Millennials Miami Retail Examples 152

PYMNTS

APRIL 13, 2018

It was a record-breaking first quarter for retailers in the U.S. According to a report issued by Moody’s earlier this week, the retail sector managed to notch a record number of defaults during Q1 2013, with nine retailers defaulting on their debt. corporate borrowers has increased to 3.9 percent, compared with 3.4

Retail 116

Retail Course Washington Marketing 116

PYMNTS

JUNE 18, 2020

The financial technology company is regarded for helping to make trading in vogue with millennials, Reuters reported. “We Robinhood was at the heart of a recent increase in day trading, with retail investors stuck in their residences because of pandemic restrictions.

social media 174

social media Millennials Marketing Financial Technology 174

PYMNTS

DECEMBER 4, 2019

The company, which launched in 2013, attracts millennials interested in trading stocks and cryptocurrency. Robinhood disrupted the brokerage industry by offering free stock trading, which caused major retail brokers to drop commission fees. “We The all-stock transaction is valued at approximately $26 billion, CNBC reported.

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Comparison Capital cryptocurrency Millennials 130

PYMNTS

OCTOBER 21, 2019

Retail chain Destination Maternity reportedly filed for bankruptcy on Monday (Oct. According to CNBC , the retailer is “buckling under the weight of an onerous debt load and struggling to compete with better capitalized competition.” The company owns 458 stores in the U.S., billion in 2013, representing a 2.10 Larger Trends.

Trends 101

Trends Retail social media Online 101

PYMNTS

JULY 15, 2016

When Amazon, the largest retailer by market cap, says that it had its best day ever , it’s hard not to call that a sizzle – and then some. percent of its loans, down from 49 percent in 2013 – citing that validating income wasn’t essential to making a lending decision. Pokémon GO: Pet Rock or Opportunity To Rock Retail?

Retail 100

Retail FDIC Bitcoin Lending 100

PYMNTS

DECEMBER 15, 2016

This would beat out the competition — traditional retailers many with brick-and-mortar storefronts — that was seeing fewer millennial couples walking into their stores. Founded in 2013, Zola offers the couples to pick and choose from products — 40,000 of them — while also accepting cash for experiences together.

Millennials 100

Millennials Retail Company Marketing 100

PYMNTS

MAY 24, 2019

If you look at the fitness landscape, you quickly realize you can’t really tell the difference between an at-home fitness video from 1993, 2003, 2013 or today,” Mullett told Fast Company. Our customer wants something different,” explains Mullett of the company’s millennial audience. Because the problem with fitness in the U.S.

Exercises 139

Exercises Video Millennials Branding 139

PYMNTS

SEPTEMBER 6, 2016

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

Millennials 100

Millennials Retail Survey Data 100

PYMNTS

SEPTEMBER 12, 2018

A lifestyle brand for millennial buyers with an eye for design – but perhaps not the pocketbook for designer prices – the watch and accessories startup MVMT started on its path in 2013. After doing some research on suppliers, the duo found quite a staggering gap between wholesale and retail prices in watch brands.

social media 101

social media Branding Millennials Groups 101

PYMNTS

JANUARY 27, 2020

Indeed, when it comes to younger consumers these days, eSports are reportedly on the rise (including with high school students), and are even prime part of plans to revive retail malls and to collect more states taxes , as PYMNTS has covered. But as even casual students of history know, collectibles often lead to bubbles that eventually pop.

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Video Trends New York Report 226

PYMNTS

JULY 11, 2016

The median net worth for families under 35 was a mere 6 percent of the median net worth for 55- to 64-year-olds as of 2013, according to the Federal Reserve. It’s “a little bit more confident consumer, but also a less wealthy consumer,” said Marshal Cohen, chief retail analyst at research firm NPD Group. grew only 1.5

Millennials 100

Millennials Groups Retail 100

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. This year in the US, JP Morgan launched mobile banking app Finn and Goldman Sachs’ retail banking arm Marcus crossed 1.5M Incumbents Play Catch-Up.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

SEPTEMBER 26, 2016

In 2015 alone, propelled mainly by a wave of millennial consumers who seemed to make dining out more frequently a part of their lifestyles, the restaurant industry was both the fastest-growing retail industry and the largest retail sector. but only 331,469 independent restaurants by March 2013.

Industry 100

Industry Retail Groups Millennials 100

PYMNTS

NOVEMBER 23, 2017

“The last time Thanksgiving was this cheap was 2013,” John Newton, the federation’s Market Intelligence director. This is the second consecutive year of price drops, according to the National Retail Federation, and this year, the big cost depressor was in turkey prices. farmer and the harvest they produce every year.”.

National 131

National Retail Survey Examples 131

PYMNTS

MAY 23, 2016

It has been a particularly grim retail season for the mall staples that defined landscape of the late ’90s and early 2000s. Karen Webster described this scenario in 2014 as The Coming Physical Retail Death Spiral. “So Same-store sales in retail locations were up on average 1 percent from the same time in 2015.

social media 100

social media Retail Portland Millennials 100

CB Insights

MARCH 26, 2019

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.

Millennials 78

Millennials Industry Trends Branding 78

PYMNTS

FEBRUARY 28, 2020

Shift has been in the used car business since December 2013, born out of a series of frustrating experiences the founders had with car buying. Shift says its biggest demographic groups are millennials and GenXers (or an age range of 25 to 45).

Marketing 242

Marketing Los Angeles San Francisco San Diego 242

Fintech Labs Insights

JANUARY 15, 2016

Available only via mobile app, imaginBank is a new initiative by Spanish bank, Caixabank targeting millennials. And one in every three Spanish millennials is a customer of their bank. The post CaixaBank Launches imaginBank, a Mobile-Only Bank for Millennials appeared first on Finovate. CaixaBank serves 2.9

Millennials 12

Millennials Mobile social media ATM 12

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

DECEMBER 14, 2019

When Disney bought the rights to Star Wars from creator George Lucas in 2013, they didn’t just get the rights to the films, characters and stories – Lucas also sold off the most valuable part of the Star Wars experience, which he’d owned for roughly 40 years: the merchandising rights. And, no less important, the merchandise is on the shelves.

Maine 170

Maine Retail Innovation Millennials 170

South State Correspondent

AUGUST 16, 2023

We are seeing the lowest origination totals since 2013. Consumers are going through a revaluation valuing more retail products over travel products (i.e., Gen Z and Millennials are now using credit on their cards which was not seen before 2020. We have likely seen the peak of new and used car prices. restaging their wallet”).

Trends 195

Trends Cards Capital Data 195

PYMNTS

NOVEMBER 4, 2019

It is rolling out a cash-back rewards program for its Venmo Mastercard debit card at certain retailers, as announced in a press release. Technology use has been rising outside the millennial age group, meaning that FIs can increasingly expect middle-aged and older consumers to be ready and able to take advantage of mobile services.

Groups 101

Groups Payments Mobile Dallas 101

PYMNTS

DECEMBER 19, 2016

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.

Millennials 100

Millennials Fintech Cards Groups 100

PYMNTS

AUGUST 21, 2018

Unemployment is below 4 percent, wages are growing and retail sales are surging. Adding to the fun — consumers born in the 1980s to 1990s (aka millennials) that are widely counted as the future of economy — carry the highest debt load of any generation according to the Federal Reserve Bank of St. So, time for party hats?

US 100

US Millennials New York St. Louis 100

PYMNTS

MARCH 23, 2018

Millennials across America singing “I’m a Toys R Us kid” in as solemn a fashion as possible this week are a testament to that. What’s certain is that the company started cutting back on its stock and struggled — along with every other retailer — in the face of rising eCommerce popularity. Stores became more and more dated.

US 122

US Industry Washington Millennials 122

PYMNTS

DECEMBER 31, 2016

The startup drew jealous ire from competitor Facebook/Instagram , success from millennials and confused befuddlement from baby boomers this year, along with a $1.81 Amazon plans to add another 600 million to its retail family by breaking into Southeast Asia, starting with Singapore in the first quarter of 2017. Resolution: Study up. .

Apple 109

Apple Security social media Study 109

PYMNTS

JANUARY 30, 2018

Three years later, in 2013, Bank of America stopped enrolling new customers in the program. But for all the complaining, according to Aspiration Bank CEO and co-founder Andrei Cherny, eliminating free accounts – and raising the fees on existing accounts – is just standard operating procedure for all of the nation’s largest retail banks.

America 109

America Maryland FDIC Millennials 109

PYMNTS

DECEMBER 3, 2019

Until 1939 that is, when the last Thursday in November fell on the 30th and retailers flooded President Franklin Delano Roosevlents office and begged him to consider moving the date. There was the small matter of a raging depression — and retailers argued that the shortened shopping season could do them in. The Sky Is Falling .

Retail 139

Retail Millennials Online Data 139

PYMNTS

APRIL 17, 2017

Solutions such as Square Capital, Caviar (the food ordering and delivery service it acquired) and Instant Deposit (which puts money into merchant accounts immediately) not only helps its existing SMB customers navigate the changing retail world in which they were operating but also recruits larger merchants to the portfolio.

Apple 110

Apple Capital Cards Payments 110

PYMNTS

JANUARY 22, 2018

And if you are anticipating 10 years ahead, which any good CEO should, you might realize that you’d rather not put all of your eggs in the online baskets of those two retail giants. Back in 2013, wholesale clubs were clubs, requiring an annual membership to shop there. Capturing the Center of the Store.

Innovation 135

Innovation Online Branding El Paso 135

Banking 2020

OCTOBER 30, 2015

Focusing specifically on that evolving demographic known as millennials, the survey of 1,500 respondents aged 18-34 reveals that nearly three-quarters visit a branch once a month or less. That’s more than double the number from 2013, and the damage is far from done: the market is on track for at least 650 closures in 2015.

Community 40

Community United States Survey Millennials 40

NCR

APRIL 11, 2016

In a sense, it’s an extension of the ban’s forays into online and mobile channels (Tangerine was named American Banker’s ‘Mobile Banker of the Year’ back in 2013). But it is also a serious attempt to forge closer relationships with existing and new customers. Only 30% of those over 55 had the same preference.

Video 40

Video Tools Mobile Millennials 40