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The Buyers: Millennials Love-Hate Chain Restaurants

PYMNTS

According to contradicting views, millennials are both hooked on chain restaurants while simultaneously killing their existence. Buffalo Wild Wings CEO Sally Smith says she believes casual dining has seen a decline in sales because of millennials. percent of people actively search social sites for food ideas. billion by 2020.

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Today In Payments: Trump Bans WeChat; Uber Counters Ridesharing Slump With Delivery Double-Up

PYMNTS

household debt declined for the first time since 2014. 7) hours after the president prohibited Americans from using China’s popular social media app, erasing $35 billion from the internet giant’s market value. US Household Debt Drops For First Time Since 2014. household debt for the first time since 2014.

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For Macy’s and Men’s Wearhouse, No Millennial Tux and Tails Tailwind

PYMNTS

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.

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Best New Financial Apps 2016, The List

Bank Innovation

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.

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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.

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Deep Dive: How BNPL Services Incentivize Hikers To Spend More On Gear

PYMNTS

Millennial and Gen Z stereotypes often revolve around being tied to smartphones or computer screens, but these consumers love the outdoors just as much as their parents’ and grandparents’ generations. Social media can show how much millennials and members of Generation Z love hiking, camping and other outdoor activities.

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MOD Pizza Tops Top 5 Fastest-Growing Restaurants

PYMNTS

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.