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? That number hit 21.3

Millennials 101

Millennials Study Trends Marketing 101

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. Current projections have back-to-school 2016 bringing in $75.8 percent rise in 2013, according to data from First Data.

Millennials 100

Millennials Retail Survey Data 100

PYMNTS

APRIL 3, 2019

Do millennials cook? One study indicates that the answer is not really — millennials cook two fewer meals per week than their baby boomer counterparts and choose pre-packaged/pre-prepared foods 18 percent of the time, compared to 5 percent for baby boomers. But the data is a bit more complicated that this.

Millennials 130

Millennials Study Austin Comparison 130

PYMNTS

DECEMBER 17, 2019

Domio , a startup that designs and rents apartment hotels, has raised $100 million in funding to expand both nationally and globally to 25 markets by 2020, according to reports on Tuesday (Dec. The company’s Series B round was led by GGV Capital. The funding round closed in late summer. It is currently in 12 markets.

Marketing 101

Marketing Millennials Capital New York 101

PYMNTS

FEBRUARY 27, 2018

These solutions could shift the way national security agencies in several countries operate, or force employers to change how they authenticate and identify their employees. As more millennials enter the workforce, passwords are going out the door. In the digital identity space, biometrics have become all the rage. billion USD.

Security 110

Security Report National Millennials 110

PYMNTS

SEPTEMBER 6, 2019

Pellegrini started at Fitbit in 2016 as vice president of digital health. The CVS membership program, CarePass, is expanding nationally with free delivery for an annual fee. The pilot program indicated that 20 percent of users were millennials and that CarePass members spent 15-20 percent more at CVS.

Millennials 152

Millennials National Report Data 152

William Mills

APRIL 5, 2016

The Association for Financial Technology (AFT) held its 2016 Spring Summit Meeting in Orlando, Florida this year, and both Kelly Williams and I made the trip to learn more about what’s happening right now in the banking industry as well as what trends to expect in the future. Millennials make up 80 million people in the U.S.

Millennials 40

Millennials Meeting Trends Florida 40

PYMNTS

DECEMBER 15, 2019

A desire for experiences, homemade gifts and secondhand products has been on the rise since 2016. The Mintel survey indicated the lion’s share of respondents who identified themselves as millennials or Generation Z preferred experiences over gifts. Analysts started to notice the trend at the time.)

Survey 140

Survey US New York Millennials 140

PYMNTS

DECEMBER 15, 2019

A desire for experiences, homemade gifts and secondhand products has been on the rise since 2016. The Mintel survey indicated the lion’s share of respondents who identified themselves as millennials or Generation Z preferred experiences over gifts. Analysts started to notice the trend at the time.)

Survey 131

Survey US New York Millennials 131

PYMNTS

NOVEMBER 11, 2016

Mobile coupons are still popular, especially among millennials. According the to 2016 Purse String Survey done by Valassis earlier this year, more than 70 percent of consumers say they have looked for coupons or offers while in-store via their mobile device. For millennials, that number is 90 percent.

Mobile 188

Mobile Marketing Survey Marketing Strategies 188

PYMNTS

OCTOBER 6, 2019

We believe that together with current management, ModCloth has the ability to become a stronger player in the premium fashion market, nationally as well as internationally,” Go Global’s Managing Director Jeff Streader said in a press release. While Jet was supposed to reach urban dwellers and millennials, it has not driven traffic.

Retail 129

Retail Branding Strategy Digital Strategies 129

PYMNTS

MARCH 7, 2017

Dollar sales for women’s, men’s and children’s apparel grew by 3 percent in 2016, reaching $218.7 The growth of online shopping was boosted during and immediately after the holiday shopping season, which the report identified as one of the biggest retail shifts in 2016. billion, Chain Store Age reported. billion market.

Online 101

Online Retail Millennials Groups 101

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 between 2016 and 2021. percent from 2016 to 2021. The value of cash-based transactions made in the Americas in 2016 is valued at approximately $3.02 In the U.S., In the U.S.,

America 122

America ATM New Jersey Millennials 122

PYMNTS

FEBRUARY 13, 2017

Murray’s Cheese and Kroger have been partners for nearly a decade, with the national grocer selling the cheese shop’s products in its supermarkets. In late 2016, Kroger began testing sensor and analytics technology to let shelves and products interact with shoppers. Online grocery sales in 2016 represent about 4.3

New York City 123

New York City Millennials New York Online 123

PYMNTS

APRIL 25, 2017

According to the National Retail Federation’s (NRF) fourteenth annual survey, consumers are set to spend a record-breaking $23.6 billion in 2016. We will see older millennials (25 to 34) spend the most, and younger consumers will put their online shopping skills to good use to purchase the perfect gift.”

Analytics 101

Analytics Survey Millennials National 101

PYMNTS

JANUARY 12, 2020

The startup was founded in May and will introduce a digital banking blueprint concentrated on serving millennials in India, Narayanan told TechCrunch. Although cash transactions are still king in India today, New Delhi’s 2016 invalidation of most paper money triggered tens of millions of Indians to explore digital payments via mobile apps. .

Google 101

Google Capital Millennials Digital Banking 101

PYMNTS

JANUARY 18, 2019

As the millennial population grows, the implementation of smart city technology will accelerate. In other words, millennials are likely to lead the adoption of digital identity tools and expect government services to deliver services digitally, as well. Several other nations are also experimenting with national ID systems.

Millennials 198

Millennials Tools Wyoming Idaho 198

PYMNTS

NOVEMBER 13, 2017

millennial small business owners expect revenue to increase in 2018 , a whopping 30 percent greater than the national average of small- and medium-sized businesses (SMBs) overall, according to Bank of America’s latest Business Advantage Small Business Owner Report , released last week. Eighty-one percent of U.S.

Taxes 105

Taxes Survey Capital America 105

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 Souq.com became one of the highest-valued internet companies in the Middle East after a $275 million round of funding in 2016. in 2017, said GeekWire.

Millennials 100

Millennials New York City Retail Online 100

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. 2016 to $20.4 In the U.S. 2015, to $19.8

New York 100

New York New York City Millennials Trends 100

PYMNTS

AUGUST 9, 2016

The trend toward wellness-related products is being fueled by Baby Boomers and millennials, according to NPD’s study. Millennials are a much more health-focused generation than ever before, a trend that brands and retailers seem to have caught on to and are catering to. When NPD Group polled 38,914 Americans between March 2015 and Feb.

Retail 100

Retail Study Millennials Exercises 100

PYMNTS

MARCH 8, 2017

billion) — were processed in January alone, a 23 percent spike from the amount processed in January 2016. based VocaLink , the 2016 recipient of NACHA’s Payments Award for innovation, expansion and development of products supporting faster payments to increase payments access, efficiency and security across the globe. billion ($141.3

Meeting 109

Meeting Payments Millennials Innovation 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

Independent Banker

FEBRUARY 28, 2023

He has also served on ICBA’s executive committee for many years, including a term as treasurer from 2016 to 2018. So, he joined a training program at what was then Citizens & Southern National Bank, once the largest bank in the southeastern U.S., for eight years. now part of Bank of America, before moving to Griffin, Ga.,

Community 172

Community Community Bank Georgia San Antonio 172

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. This seems like a group of consumers that’s too large for retailers to ignore.

Retail 109

Retail Survey Online Millennials 109

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

NCR

MAY 9, 2017

Bankrate’s conversion of the Quizzle app (purchased from Quicken Loans in 2016) to Score & Report, white-labeled for use by community banks and credit unions, enables a branded and cost effective solution for quick adoption of new technology. With new fintech app offerings struggling to monetize, investment in 2016 dropped to $12.8

Fintech 75

Fintech Hawaii Community Bank San Francisco 75

PYMNTS

NOVEMBER 10, 2016

The year 2016 has not been an easy one for Target — as its same-store sales have slipped, grocery has been an ongoing problem, and Target finds itself increasingly squeezed from two sides: by an expanding Walmart in the physical world and an ever-growing Amazon online. But starting with things that are pretty and fun?

Course 145

Course Groups Online Trends 145

Independent Banker

AUGUST 9, 2016

Statistics are especially compelling for those trying to attract and maintain the millennial segment. As a group, millennials switch from their primary bank at a pace nearly double the average of other age groups, and they point to high fees and poor loyalty programs as the top reasons why they are dissatisfied with their banks (3).

Community 70

Community Millennials Community Bank America 70

PYMNTS

MARCH 6, 2019

By January 2013, the second-generation Instant Pot was Amazon’s best-selling pressure cooker, and in 2016 the product rose to national consciousness when on Prime Day the price dropped to $70 and hundreds of thousands of people bought one. Yes, Instant Pot-side chats are the fireside chats of the millennial generation.

Branding 108

Branding Millennials Innovation Marketing 108

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

NOVEMBER 15, 2016

Whole Foods announced that co-CEO Walter Robb’s position will be eliminated as of the end of 2016. In 2015, the National Retail Federation lauded supermarkets as the fastest growing retailer sector. But 2016 has seen a considerable slowdown in the market as sales continue to move online. in the next 10 years.

Retail 100

Retail Seattle Trends Millennials 100

PYMNTS

NOVEMBER 23, 2017

In fact, for the last 154 years — ever since President Lincoln first enshrined a national day of Thanksgiving for the last Thursday of November in 1863 — turkeys accompanied by cranberry sauce and potatoes (both sweet and white) have consistently been served on dinner tables nationwide. percent over 2016 levels. this year — versus $22.74

National 131

National Retail Survey Examples 131

PYMNTS

JULY 9, 2016

The High Cost Of High Summer 2016 . The long summer break (our national accommodation for an agricultural life that’s long since faded into history in most communities) speaks volumes for the power of nostalgia and inertia. … This year, 89 percent of millennials are planning to take a vacation. And preferably data that is fun.

United States 101

United States National New York Data 101

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. According to NPD’s 2016 spring restaurant census, the total count of U.S.

Industry 100

Industry Retail Groups 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