CB Insights

SEPTEMBER 4, 2019

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.

Millennials 78

Millennials Industry Branding social media 78

PYMNTS

APRIL 24, 2017

And most of the nation got a good chuckle — except perhaps the investors who threw $125 million at the disruptive future of juice. The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. In fairness, Juicero strongly recommends hand-squeezing the juice. Ready to jump in?

Millennials 109

Millennials Cards New York Branding 109

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

Image Works Direct

DECEMBER 14, 2016

According to the National Association of Realtors ® , the number of millennials buying homes in the U.S. In fact, in 2015, this generation comprised the largest group of U.S. homebuyers for the third year in a row – making up 32% of homebuyers in 2014 and 35% in 2015.* continues to increase.

Millennials 28

Millennials National Groups 28

Gonzobanker

DECEMBER 22, 2015

Well, what do we say about 2015? And, give or take a stumble or two, we snuck through it and did a reasonable job on 2015 objectives, in our humble opinion. So, it seems we’re good with only one outstanding item—digest the 2015 GonzoBanker Awards! 2015 Executive Call-out. ” – Tom Armstrong. Bravo OZRK!

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

NOVEMBER 11, 2016

Mobile coupons are still popular, especially among millennials. For millennials, that number is 90 percent. For millennials, that number is 90 percent. EMarketer also found that nearly two-thirds of millennial internet users searched social networks for coupons in the third quarter of 2015.

Mobile 188

Mobile Marketing Survey Marketing Strategies 188

PYMNTS

APRIL 9, 2020

By that time the nation had accepted the COVID-19 pandemic’s inevitability, triggering a wave of stock-up buying of household supplies as face masks were suddenly everywhere, and major coronavirus-induced lockdowns commenced. “The percent in 2015 and 89.8 Et tu , Millennials? The mobile wallet can now be used on 92.8

Mobile 140

Mobile Apple Cards Millennials 140

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. They make up close to 25% of the total US population and are by far the wealthiest generation — and will continue to be so until at least 2030, according to a 2015 Deloitte study. . get the REPORT on next generation investors. Source: Deloitte.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

AUGUST 9, 2016

Sales of wearable technology and makeup grew by about $800 million each in 2015, while products “inspired” by basketball was an industry worth more than $400 million and running accessories came in at a little bit less than $400 million. When NPD Group polled 38,914 Americans between March 2015 and Feb. 2014 and Dec.

Retail 100

Retail Study Millennials Exercises 100

PYMNTS

MARCH 14, 2017

Currently, Amazon hopes to take advantage of recently loosened restrictions on foreign retailers in India by expanding its online grocery venture into the nation of some 1.3 Back in 2015, the company launched its Prime Now service in Bangalore , which included some restricted and hyperlocal grocery delivery. in 2017, said GeekWire.

Millennials 100

Millennials New York City Retail Online 100

PYMNTS

JUNE 7, 2019

Forget millennials, that consumer segment that is blamed for the downfall of most everything while also being the target of many innovative efforts. By 2015, Singles Day was bigger than Black Friday and Cyber Monday combined – and the celebration had gone from online to on television, via national broadcast and global live stream.

Retail 133

Retail Millennials Online Innovation 133

Independent Banker

AUGUST 9, 2016

According to the 2015 Colloquy Customer Loyalty Census, the average American household maintains memberships in 29 loyalty programs (1). Statistics are especially compelling for those trying to attract and maintain the millennial segment. Customer Loyalty Program Memberships Top 3 Billion For First Time, 2015 COLLOQUY Census Shows.

Community 70

Community Millennials Community Bank America 70

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

JANUARY 24, 2018

In the Americas, cash is still being put to use by a solid chunk of the population, notably among North American nations. percent per year between 2000 and 2015. The service, he noted, could be especially appealing to tech-savvy millennials. But are these new payment tools beginning to chip away at cash’s influence? In the U.S.,

America 122

America ATM New Jersey Millennials 122

PYMNTS

JULY 4, 2016

Analysts say the nation is facing a 10-year high of bad corporate loans. Brazil’s largest bank, Banco do Brasil, is struggling as the nation’s bad corporate debt problem balloons, reports said, with telco giant Oi the latest player highlighting the worsening state of Brazil’s economy.

Puerto Rico 100

Puerto Rico Millennials National Lending 100

PYMNTS

SEPTEMBER 21, 2016

A little over a week after Tim Gunn excoriated the fashion industry for its plus-sized hostility, H&M has decided to pull plus-sized clothes out of all New York City locations, according to Revelist , an online news site aimed at millennial women. 2015, to $19.8 In the U.S. billion, and 3 percent in the 12 months ending Feb.

New York 100

New York New York City Millennials Trends 100

PYMNTS

AUGUST 27, 2018

While the payment and commerce news of the week fell far short of the tragedy in the national news, there were still some rather dark clouds dotting the horizon. The less good news is that those delinquency figures have been slowly but surely ticking up since 2015. A lion of the U.S. Banks $88 Billion Bad Debt Concern .

Data 103

Data Cards Millennials Groups 103

PYMNTS

JULY 14, 2017

This falls in line with information shared by the National Retail Federation (NRF) just last year, which shared that Baby Boomers heading into their senior years are starting to change the game in terms of shopping habits. Since 2001, the U.S.

Retail 109

Retail Survey Online Millennials 109

PYMNTS

SEPTEMBER 23, 2016

The national average annual percentage rate (APR) for credit card debt is 15.22 The last time the national average for credit card APRs hit 15.22 Younger millennials ages 20–29 accounted for 52 percent of all those who opened credit cards for the first time in the second quarter of 2016. “We percent was in Dec.

Cards 100

Cards Report National Millennials 100

PYMNTS

FEBRUARY 23, 2016

While a National Retail Federation survey found that 65.5 A look at millennials’ reactions to tax refunds by NerdWallet found that the newest crop of first-time filers are getting even more conservative with their federal kickbacks. percent of the country expected to receive a tax refund, almost half (49.2

Taxes 100

Taxes Retail Millennials Survey 100

PYMNTS

OCTOBER 11, 2016

It has been Target’s stated goal since late 2015–early 2016 to get back some of the old “Tarjay” magic. For those who are not regular Dwellers, the design magazine is focused on hip design trends for millennial shoppers.

Retail 100

Retail Millennials National Trends 100

PYMNTS

JUNE 1, 2016

Hipmunk released data last week that showed bookings to Trump Hotels have suffered a marked decline ever since their namesake’s political campaign has been an issue in the national consciousness. percent from 2015 Q1 to 2016 Q1. Bookings at lodgings under the Trump banner have fallen an average of 59.3

San Francisco 100

San Francisco Retail Las Vegas Cleveland 100

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. In March 2015, there were 340,778 independent restaurants in the U.S.

Industry 100

Industry Retail Groups Millennials 100

PYMNTS

NOVEMBER 15, 2016

Whole Foods’ growth has slowed considerably since the beginning of 2015. In 2015, the National Retail Federation lauded supermarkets as the fastest growing retailer sector. While millennials still eat, they’re certainly not setting foot in physical stores. Quick: What’s the fastest growing sector in food?

Retail 100

Retail Seattle Trends Millennials 100

PYMNTS

MARCH 5, 2017

percent in 2015. The report found that 32 percent of transactions used cash in 2015 and that demand for cash remains strong in the United States. Millennials have a very difficult time getting things like credit cards, debit cards or bank accounts, unless they are backed up by a parent or a guardian.

Technology 100

Technology San Francisco Analysis United States 100

PYMNTS

JULY 18, 2016

Heck, even dollar stores have been making a comeback of late, fueled in large part by those cost-conscious millennials. sales in 2015, which was a $2.2 More than half of them are 45 or above, according to the study, while millennials only make up 16 percent of this demographic. So, what’s going on here? billion in U.S.

Branding 100

Branding Retail Study Portland 100

PYMNTS

MARCH 6, 2019

On Friday (March 8), the world will recognize International Women’s Day — celebrated globally since 1975, when it was adopted as a holiday by the United Nations. Last summer, Visa announced a focus on millennial women and their spending as part of its “ Money is Changing ” project. billion in funding.

Regional 179

Regional Capital Study Leadership 179

PYMNTS

DECEMBER 21, 2020

This digital shift — doing less in the physical world and more in the digital world for the same activity — is based on 16 longitudinal studies that PYMNTS has conducted of a national sample of more than 40,000 U.S. According to a national study conducted by PYMNTS of 2,683 consumers on Nov. consumers since March. [1]. Share of U.S.

Apple 227

Apple Study Innovation Survey 227

NCR

MAY 9, 2017

Hawaii National Bank’s Hawaii Score enables existing bank customers and non-customers the capability to access a TransUnion credit report and score without the need for a credit card or an existing account with Hawaii National Bank. billion in 2013 to a peak of $27 billion in 2015. US investment in fintech rose from $3.3

Fintech 75

Fintech Hawaii Community Bank San Francisco 75

PYMNTS

MAY 2, 2017

billion — a 14 percent increase from 2015. consumer debt, not including mortgages, now equals an unprecedented 20 percent of the nation’s annual economic output because of ballooning volumes of student and auto loans. Millennials currently are responsible for $1.1 Department of Education [DoE]), 1.1 trillion of $3.6

Millennials 103

Millennials Lending Capital Cards 103

PYMNTS

OCTOBER 20, 2020

These are the results from the latest PYMNTS Apple Pay use and adoption study of a national sample of 2,998 consumers between Sept. percent in 2015. The use of mobile wallets has remained flat, with only 5.9 percent of consumers with “the Pays” installed using them. 23 and Sept. Apple’s New Numbers Grove. Of the 207.6 million U.S.

Apple 133

Apple Payments Study Mobile 133

PYMNTS

JULY 9, 2016

The total value of the summer camp industry in the United States is around $18 billion, according to the 2015 American Camp Association Annual business report, making it roughly as valuable as the State of New Mexico ( annual budget: $18.4 This year, 89 percent of millennials are planning to take a vacation. billion calories.

United States 101

United States National New York Data 101

PYMNTS

MAY 11, 2018

Launched on Fliggy in 2015, and prior to the Marriott’s new global push of the service, PPP was available at some 100,000 hotels across mainland China. “Room charges and incidental expenses are automatically settled afterwards, providing a seamless, wallet-free payment experience for both customers and hotels.”.

Retail 129

Retail Payments social media Mobile 129

PYMNTS

JANUARY 25, 2018

trillion in cash in 2015, a higher rate than that of Western European nations. Isaacson pointed out that smartphone numbers are more easily accessible and shareable than checking account numbers, adding that it makes the Cash Pick-Up service – and the cash element – even more appealing to tech-savvy millennial users.

ATM 100

ATM Millennials FDIC New Jersey 100

CB Insights

DECEMBER 7, 2017

In 2015, the company launched Rocket Mortgage, a desktop and mobile loan application process that streamlined financial document and information sharing, sped up approval to minutes, and let customers lock in interest rates. Most importantly millennials are failing to build up the requisite capital for a down payment.

Millennials 69

Millennials Lending United States Technology 69

PYMNTS

OCTOBER 11, 2018

Bureau of Labor Statistics found that both men and women were more likely to play sports in 2015 than they were in any other year after 2003. Research indicates that millennials are twice as likely as other adults to participate in team sports. In a 2017 report , the U.S. Lacrosse or Hockey Canada.

Payments 108

Payments Online Management Tools 108

PYMNTS

MAY 9, 2017

The online retail giant is already a major contender in online apparel sales among millennials. Amazon has been building out its private-label offerings for apparel since at least the end of 2015. The move comes as part of the online retail giant’s rapid and aggressive expansion of operations in the nation of over 1.3

Online 100

Online Retail National Marketing 100