Remove 2016 Remove Marketing Remove Millennials Remove Online
article thumbnail

Turns Out Millennials Buy Their Clothes On Amazon

PYMNTS

As retailers across categories fawn over shares of millennial spending power, new insight from market research and analytics firm Slice Intelligence indicates that, in terms of apparel market sales, one online retailer appears to have already won the battle. percent in 2016. percent in 2016. Old Navy (5.1

article thumbnail

Are Millennials Really Killing Canned Tuna, Too?

PYMNTS

The millennial path of destruction allegedly continues, with those young consumers now taking blame for the decline in the popularity of canned tuna — a product that joins a casualty list that already includes diamonds and restaurants such as Applebee’s. Before we get to that, let’s review the newest charges leveled against millennials.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Why Retailers Should Stop Focusing On Millennials

PYMNTS

It seems that retailers and marketers don’t. With marketers clamoring to attract the fleeting attention of millennial and Gen Z shoppers, the older demographic (roughly between the ages of 53 and 71) is often overlooked. Nor should they assume that millennial-focused ads will trigger boomers’ desire for perennial youth.

article thumbnail

China’s Millennials Driving Mobile Payments Market

PYMNTS

Millennials in China make the vast majority of the mobile payments taking place, eMarketer reported on Thursday (June 16). million users in 2016. Mobile device users ages 21–29 and 30–39 are leading the charge in the country’s mobile payments adoption. percent annually to reach 195.3 In comparison, the U.S. can claim only about 37.5

article thumbnail

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.

article thumbnail

DinnerCall Brings Grocerants Online

PYMNTS

To combat 2016’s considerable slowdown in the grocery market as sales continue to move online, many grocery stores have started introducing grocerants. Using DinnerCall’s solution, grocerants can make their prepared foods and meal kits available for online order and pickup.

Online 100
article thumbnail

The Driving Force Behind Online Apparel Sales

PYMNTS

A new study from the NPD Group revealed how changing consumer needs and the evolving retail marketplace contributed to increased online apparel sales in the U.S. Dollar sales for women’s, men’s and children’s apparel grew by 3 percent in 2016, reaching $218.7 Last year, online sales represented 19 percent of total U.S.

Online 101