PYMNTS

JANUARY 14, 2019

It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

Retail 198

Retail Online Mobile Data 198

PYMNTS

MAY 6, 2017

It’s been chronicled in these virtual pages that millennials are the driving force behind change – change in how payments are done, how banking is banked, how social media influences commerce (or doesn’t) and how shopping may become a hybrid of high touch across the digital and physical realms. Now that seems to be true even in fashion.

Millennials 101

Millennials Branding social media Operations 101

CB Insights

MARCH 27, 2019

Over the next few decades, baby boomers and Gen X will pass on $30T in wealth to the millennial generation. More than any other generation, millennials are interested in the idea that their investments will have a positive global impact when it comes to issues like sustainability and climate change. PREPARE FOR THE FINTECH FUTURE.

Millennials 77

Millennials Fintech Trends Report 77

PYMNTS

JANUARY 20, 2020

In this case, it provided a really great opportunity to work closely with their whole team, and to learn about the impact of influence-based businesses on retail.”. The company had come a long way from its launch in 2014, when it had about 10 retailers signed on to offer Afterpay as a payment option during checkout.

US 157

US Millennials Retail Payments 157

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

PYMNTS

JUNE 29, 2016

A lot of millennials are still living at home with their parents, but as more and more of them begin moving out in the coming years, they could have a significant impact on both the housing and rental markets. So what will fuel this significant growth in new millennial households? million households in 2014, while 11.4

Millennials 101

Millennials Study Trends Marketing 101

PYMNTS

AUGUST 9, 2016

A new study by The NPD Group found that anything related to health and wellness ­­— like wearable technology , basketball gear, sweats and active bottoms (AKA exercise pants), running products, outdoor sports and toys, running gear, portable beverageware — were among the fastest-growing retail categories between Dec. 2014 and Dec.

Retail 100

Retail Study Millennials Exercises 100

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

NOVEMBER 2, 2020

Today, the “membership has its privileges” mantra is at the core of the latest face-off between the two retail behemoths vying for an increasing portion of consumer spend: Walmart and Amazon. consumer seems happy to test the waters — and none more so than the coveted bridge millennials. But these results also suggest that the U.S.

Millennials 246

Millennials Retail Online Report 246

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. As a result of the series of retail fails, the default rate of high-risk U.S.

Retail 116

Retail Course Washington Marketing 116

PYMNTS

OCTOBER 21, 2020

Before 2014, talking to a virtual assistant and instructing it to turn on the lights, start the dishwasher or order up the groceries was the sort of thing the average consumer would more expect to see in a science fiction or superhero movie than in their house. percent also reported having bought retail goods online in the last 24 hours.

Millennials 150

Millennials Retail Report Mobile 150

NCR

FEBRUARY 16, 2016

And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. More than any other generation, Millennials experience life, work and business through technology and they expect seamless interactions regardless of location.

Millennials 40

Millennials Study Retail Community Bank 40

Jeff For Banks

JULY 5, 2022

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. Because that is what millennials needed at the time. We can ignore millennials no more.'

Millennials 78

Millennials Community Pennsylvania Community Bank 78

PYMNTS

FEBRUARY 13, 2017

million last month to purchase the retail condo housing Murray’s flagship store, affiliated classrooms, as well as its catering and event operations. In-store transformation will increasingly become key for grocery retailers in the coming years to compete with growing consumer interest in online food sales. percent of U.S.

New York City 123

New York City Millennials New York Online 123

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. All in, back-to-school sales rose 2 percent in July, compared with 1 percent growth in 2015 and 2014 and a 0.2

Millennials 100

Millennials Retail Survey Data 100

PYMNTS

AUGUST 31, 2018

That arguably describes the recent acquisition of Seattle-based Blueprint Registry , an online universal gift registry, by David’s Bridal , the privately held wedding retail chain that traces its roots back to the first years after World War II. The retailer has a $520 million term loan due in Oct. When in doubt, bet on digital.

Online 100

Online Retail Seattle Industry 100

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. Pokémon GO: Pet Rock or Opportunity To Rock Retail? The Summer’s Best Retail Opportunity? . We found one gigundo sizzle and three moderately sized fizzles. Amazon Sellers .

Retail 100

Retail FDIC Bitcoin Lending 100

PYMNTS

APRIL 23, 2018

Between 1999 and 2014, the fast-casual dining space grew by 550 percent and is projected to reach a revenue of $66.9 With millennials carrying much more student debt than prior generations, this could be a contributing factor in how much money and time they’re willing to spend on food. billion by 2020.

Millennials 122

Millennials social media Branding Study 122

PYMNTS

SEPTEMBER 22, 2016

1,500 : The number of babies claimed by SIDS in 2014. 12% : The average boost paying with Apple Pay gives unattended retail. 77% : The proportion of millennials using mobile banking each month. 4% : JPMC’s predicted 2014 sales growth for the iPhone. 4% : JPMC’s predicted 2014 sales growth for the iPhone.

Millennials 100

Millennials Apple Mobile Fraud 100

PYMNTS

DECEMBER 19, 2016

While Black Friday gets all of the press, Super Saturday has been creeping up in recent years to become the holiday season’s secret second pole of retail action. Between 2014 and 2015, shopping on Black Friday was more or less flat, a trend that seems to have bled into 2016. percent between 2014 and 2015) and spend (up 13.4

Fort Worth 100

Fort Worth Los Angeles Millennials Retail 100

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. Millennials are now the largest generation in the workforce and 2x more likely than the average investor to make a sustainable investment. What’s at stake?

Millennials 53

Millennials Trends Management Company 53

Banking 2020

JANUARY 15, 2015

The retail banking industry has seen major changes occurring in the industry over the last few years with the adoption of mobile banking, the rise to prominence of the millennial demographic, narrowing margins, stagnant top line revenues, the future of the branch and continued regulatory changes. Digital Banking. Cyber vulnerabilities.

Retail 40

Retail Trends Millennials Mobile 40

PYMNTS

JUNE 4, 2019

Domino’s had already enabled in-car ordering with Ford’s Sync AppLink back in 2014. Mobile Ordering Appeals to Millennials. According to the PYMNTS Commerce Connected Playbook, nearly half (48 percent) of millennials said they would rather not eat at all than wait in long QSR lines. Meeting consumer demand is vital. percent.

Millennials 184

Millennials Google Mobile Report 184

PYMNTS

DECEMBER 3, 2020

Specifically, 42 percent of Gen X shoppers (ages 40 to 55) and 40 percent of millennials (ages 25 to 40) used BNPL, compared to just 15 percent of baby boomers (ages 55 and up) and only 3 percent of Gen Z (below 25 years old) shoppers making purchases that way. More than 35 million leads were generated to global retailers and over 1.2

Survey 167

Survey Study Retail Millennials 167

PYMNTS

NOVEMBER 29, 2018

But Smith was committed, and believed that among outdoor enthusiasts — particularly millennials like himself — a digitally-native brand with a story to tell and a unique way of pursuing its core mission would have an awful lot of appeal. “My Its first offerings for consumers were backpacks. The llama was bought off of Craigslist.

Millennials 116

Millennials Branding Community Retail 116

PYMNTS

JANUARY 10, 2020

With roughly 17 million active users each month and 30,000 diverse online retailers, Honey has delivered some $1 billion in savings to shoppers in the past year. Citigroup Names New Retail Banking Leader. David Chubak will head all retail sectors — branches, mortgages, wealth, risk management and small business, according to a memo.

San Francisco 130

San Francisco Millennials Cards cryptocurrency 130

PYMNTS

FEBRUARY 17, 2020

The firm completed the first phase of its transformation in 2014, allowing it to use real-time analytics and IT tools to create dynamic pricing models and enable online and mobile app transactions. Those using hard currency can order tickets online and pay for them upon pickup at brick-and-mortar retailers.

Security 141

Security Tools Fraud System 141

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

MARCH 3, 2017

A number of major retail studies have shown that millennial consumers value the sustainability of brands and products when making purchases. in two rounds, including a seed round back in 2014. HowGood recently announced that it had closed a $4.2 The most recent round brings the startup’s total funding to $6.2

New York 100

New York Millennials Capital Branding 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

APRIL 19, 2016

” Retailers have come to recognize the incredible marketing opportunity presented by the multi-weekend music festival in Southern California. Todd Smith, president and CMO at Sonic, told MarketWatch that this campaign comes from the company’s long experience with the millennial demographic.

social media 100

social media Millennials San Francisco California 100

PYMNTS

OCTOBER 20, 2020

20th) is Apple Pay ’s sixth birthday – a day that finds the digital payment method carrying a bit of the same air of great expectations that came with its launch in 2014. percent of retail sales. Tuesday (Oct. But, as it turned out, even Apple didn’t have the power to change people’s payments preferences. Study data indicate that 73.1

Apple 133

Apple Payments Study Mobile 133

PYMNTS

JULY 11, 2016

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. And thus the millennial ramp up is not quite enough to balance the boomer slow down – spending in the U.S. grew only 1.5

Millennials 100

Millennials Groups Retail 100

PYMNTS

MAY 18, 2016

In 2014, Burger King gave up on its long-time slogan of “Have it your way.” “It gets back to millennials. ” Wendy’s might want to snap that up though, because the fast food chain’s most recent checkout experiment could give consumers more power in the ordering process than ever before.

Columbus 101

Columbus Ohio Millennials Retail 101

PYMNTS

APRIL 11, 2016

Depending on your persuasion, millennials’ generational lack of interest in buying real estate can be chalked up to their inherent indolence, their preference for communal and urban living arrangements or their lagging finances. through residents’ smartphones. .

Chicago 100

Chicago Millennials Exercises Management 100

PYMNTS

FEBRUARY 5, 2020

As Afterpay CTO Akash Garg noted, that confirms something they’ve believed since their launch in 2014: All over the world, consumers – particularly younger consumers – are thinking differently about shopping, and how they want to integrate it into their financial lives. And Australian BNPL provider Afterpay , which has expanded into the U.S.

Cards 143

Cards Millennials Regulation United States 143

PYMNTS

MARCH 6, 2017

Prices of the international food retail group’s stock closed out on Friday at €20.50, up 0.94 A number of major retail studies have shown that millennial consumers value the sustainability, health value and organic nature of brands and products when making purchases. million in two rounds, including a seed round back in 2014.

Study 101

Study Millennials Retail Trends 101