PYMNTS

FEBRUARY 7, 2017

While most millennials were brought up in the age of the computer, baby boomers can remember a time when they weren’t surrounded by technology. It’s a peculiar dichotomy to compare millennials to their parents’ generation, the baby boomers. percent, millennials (who are in part to blame for this) aren’t the main contributing factor.

Millennials 100

Millennials social media Boston New York City 100

PYMNTS

JANUARY 20, 2017

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

Online Millennials Analytics System 100

PYMNTS

MARCH 7, 2017

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

Online Retail Millennials Groups 101

PYMNTS

JUNE 17, 2016

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

Millennials 100

Millennials Mobile Payments Marketing 100

PYMNTS

AUGUST 22, 2018

The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. Within that, how much is online? That is as measured at the end of 2017 over 2016’s numbers. million last year.

Online 101

Online Retail Branding Data 101

PYMNTS

OCTOBER 27, 2016

The survey also indicates that 40 percent of millennials will shop on mobile. They will also multitask their way through the season, as nearly 60 percent of millennials also reported they would do their holiday shopping while binge-watching TV. million for charities on #GivingTuesday, more than doubling the previous record.

Millennials 100

Millennials Mobile Survey Payments 100

PYMNTS

OCTOBER 20, 2016

According to the 2016 American Express Digital Payments Security Survey , 70 percent of U.S. Nearly half — 48 percent — of consumers who shopped online in the past year have experienced payment fraud. Sixty percent had experience with online sales fraud, and 25 percent said that figure is on the incline. The not-so-good news?

Security 100

Security Online Fraud Survey 100

PYMNTS

JANUARY 19, 2017

Young adults in India are using their smartphones for shopping online at an increasing rate. percent increase over 2016. A recent survey of adult smartphone owners under 35 in India, conducted by digital marketing firm Regalix , revealed that 83 percent respondents had used their mobile device to shop online.

Mobile 100

Mobile Millennials Survey User Experience 100

PYMNTS

OCTOBER 16, 2020

Slice Integrates No-Fee Visa For Millennial Shoppers In India. Slice is debuting a no-fee Visa Card that provides its millennial and Gen Z clients with cash back and no-cost EMIs during festive sales. The Indian payments upstart was founded in 2016 to serve the financial needs of the millennial and Gen Z generations.

Millennials 131

Millennials Payments Cards Fintech 131

PYMNTS

FEBRUARY 21, 2018

Walmart acquired Jet.com for roughly $3 billion in September 2016, followed by a series of eCommerce investments throughout 2017, including Bonobos, ModCloth and Moosejaw. McMillon also noted that the switch to more online sales is taking something of a toll on profit margins, as digital sales are generally less profitable than in stores.

Online 100

Online Taxes Branding Retail 100

PYMNTS

JUNE 14, 2016

We’ve spent much of the first five months of 2016 covering the fall from the 50-story building. According to recent estimates, online apparel and accessories are expected to double their 10 percent growth rate of six years ago to a 20 percent annual pick-up by 2020. Think we’re kidding?

Online 100

Online Retail Millennials Minnesota 100

PYMNTS

AUGUST 28, 2019

Forget millennials – well, at least for a moment. The items are sold in small quantities to catch the interest of Generation Z and millennial consumers who aren’t interested in buying in bulk. This group is also big on conversations, both online and offline: Engagement Labs finds that they drive 19 percent of purchases.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Online Checkout Conversion. Get all of the details here.

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Trends Retail Fraud Mobile 100

PYMNTS

OCTOBER 1, 2020

Millennials and Generation Z consumers are embracing buy now, pay later (BNPL) plans as a way to responsibly purchase items without incurring fees or debt in the process. In fact, 93 percent of millennial BNPL app users have not been subjected to late fees. in 2016 and moved all its U.S. but it plans to expand in both countries.

Millennials 210

Millennials Retail Maine Payments 210

NCR

JUNE 29, 2016

Coming of age during the last recession and being subjected to the barrage of headlines about financial executives misbehaving, many Millennials are distrustful of established financial brands and institutions. are in the bottom 10 of the least loved brands by Millennials. are in the bottom 10 of the least loved brands by Millennials.

Millennials 45

Millennials social media User Experience Branding 45

PYMNTS

DECEMBER 15, 2019

A desire for experiences, homemade gifts and secondhand products has been on the rise since 2016. Mintel surveyed 1,700 shoppers online last year and discovered a fifth of consumers agreed that “experience gifts” were better than tangible products. 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. Mintel surveyed 1,700 shoppers online last year and discovered a fifth of consumers agreed that “experience gifts” were better than tangible products. Analysts started to notice the trend at the time.)

Survey 131

Survey US New York Millennials 131

PYMNTS

NOVEMBER 5, 2018

New online holiday shopping projections from Adobe have found that eCommerce in the United States during that period will increase 14.8 Offline And Online Cozy Up. Among them is the appeal of offline-and-online shopping combinations. It’s easy to overestimate millennials’ engagement with technology,” he said. and 10 p.m.

Retail 179

Retail United States Millennials Study 179

PYMNTS

FEBRUARY 13, 2017

In late 2016, Kroger began testing sensor and analytics technology to let shelves and products interact with shoppers. In-store transformation will increasingly become key for grocery retailers in the coming years to compete with growing consumer interest in online food sales. Online grocery sales in 2016 represent about 4.3

New York City 123

New York City Millennials New York Online 123

PYMNTS

JUNE 7, 2017

According to a press release , the percentage of consumers using mobile pay rose significantly from late 2015 to late 2016, growing from 22 percent to 28 percent. Among mobile banking users, 41 percent used the service to pay bills in the past 30 days.

Survey 115

Survey Mobile Millennials Cards 115

PYMNTS

AUGUST 16, 2018

bills paid online. trillion in 2017, and that could nearly double by 2021 — online billing platforms are rushing to incorporate payment processing capabilities into their offerings. Younger consumers are leading the way when it comes to online bill payments, with 61 percent of those payments coming from millennials.

Industry 105

Industry Payments Online Boston 105

PYMNTS

OCTOBER 13, 2020

Just like using Afterpay online, customers can pay for their in-store purchases in four installment payments, without the need to take out a traditional loan or pay upfront fees or interest. 13) press release. Shoppers can use the Afterpay they know and love, with the added benefit of taking home their purchase that very same day.”.

Retail 130

Retail United States Millennials Branding 130

PYMNTS

AUGUST 11, 2017

Although luxury revenue took a dive between 2015 to 2016, going from €251 billion down to €249 billion, there has been signs of positive growth in 2017. The surprise luxury consumers who’re popping up, according to Bain’s research, are millennials and Generation Z.

Millennials 122

Millennials Survey Retail social media 122

PYMNTS

FEBRUARY 9, 2018

Popular fast-casual eateries — such as The Cheesecake Factor y — draw just as many customers to the mall, offer a more unique and personalized experience and are more resistant to consumer habits that seem to be migrating more and more online every day. The Millennials. Millennials, in particular, love to buy clothes online.

Millennials 116

Millennials Retail Study Operations 116

PYMNTS

OCTOBER 6, 2019

In fact, Walmart has projected $1 billion in losses for its online eCommerce division, on revenue of between $21 billion and $22 billion. In addition, Walmart also announced that it plans to completely overhaul Jet.com , the online marketplace startup it bought in 2016 for $3.3

Retail 129

Retail Branding Strategy Digital Strategies 129

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 Additionally, the grocery move will allow Amazon to better compete with local rival Flipkart, which also has its sights set on the online groceries, said Reuters.

Millennials 100

Millennials New York City Retail Online 100

PYMNTS

DECEMBER 12, 2019

Online brokerage startup Robinhood has introduced a cash management service that will give customers 1.8 Robinhood , which launched in 2013, attracts millennials interested in trading stocks and cryptocurrency. It quickly expanded to 1 million subscribers in 2016, and 6 million by October of 2018.

FDIC 135

FDIC Millennials Management Fintech 135

Accenture

APRIL 26, 2017

For years, we’ve heard people proclaiming the demise of the bricks-and-mortar bank branch, supposedly swept away by customers’ mass-migration to online and—increasingly—mobile alternatives. But as our latest UK banking consumer survey— Beyond Banking —confirms, there’s still plenty of life in the bank branch.

Millennials 233

Millennials social media Innovation Study 233

PYMNTS

MARCH 2, 2018

They made up 71 percent of payment cards issued worldwide in 2016, up from 70 percent a year earlier. For millennials, these cards simply don’t induce the same debt-based anxieties as credit cards. We tend to look at online retailers as the forefront of change in how you serve the customer,” he said. Think like a retailer.

Millennials 101

Millennials San Diego Cards Retail 101

PYMNTS

APRIL 21, 2016

American Express finally got some good news, overdrafts hit millennials particularly hard, Forter had a big Series C and new parents spent a lot of money shopping online. Billion | The total value of American Express’ top line in Q2 2016, up 2 percent over Q1. New Parents’ Online Shopping Addiction. $6

Data 100

Data Millennials Online Cards 100

Filene

OCTOBER 17, 2016

The following is an excerpt from @Picksuppennies , self-described as "a married #millennial living a more purposeful life one cent at a time." It turns out, that as we sort through our money, millennials are creating new language right along side of it. You know FOMO and YOLO and adulting. You’re probably familiar with regifting.

Millennials 28

Millennials US Online Examples 28

PYMNTS

JUNE 19, 2020

In addition, the app users’ spending on such areas as home and garden rose 26 percent among Generation Z consumers, 5 percent among millennials and 2 percent among Generation X consumers during the week ending April 11, compared to the previous week. Demand Rises For Furniture, Garden Supplies . Demand Rises For Furniture, Garden Supplies .

Retail 151

Retail Online Trends Tools 151

PYMNTS

JUNE 26, 2018

The eCommerce operator’s pet product category has grown by at least 45 percent since 2015, based on the percentage of adults who had bought pet products via online retail channels over the preceding quarter. Based on third-party forecasts, Amazon expects online pet product sales to reach $8.2 Millennial Demand. That’s not all.

Millennials 117

Millennials Policies Industry New York 117

PYMNTS

JUNE 28, 2019

According to the new Mobile Order-Ahead Tracker , the volume of food and beverage orders placed via mobile apps grew by 130 percent between 2016 and 2018. They found that 45 percent of customers would use online ordering services more often if loyalty programs were available, and that 33 percent were willing to pay an extra fee for delivery.

Mobile 138

Mobile Millennials Online Payments 138

PYMNTS

FEBRUARY 23, 2017

Our data confirms the growing importance of artificial intelligence for eCommerce as today’s online shoppers, and in particular millennials, want to spend less time searching for the products they want to purchase,” said Oliver Tan, cofounder and CEO of ViSenze, according to Business Insider. “Our

United States 136

United States Millennials Retail Capital 136

PYMNTS

DECEMBER 19, 2016

Between 2014 and 2015, shopping on Black Friday was more or less flat, a trend that seems to have bled into 2016. 2016 is an unusual year in many regards. And by all mathematical models, once again, those late-season shoppers will be carrying the day in 2016. 2016 will like be something of a hybrid year for U.S.

Fort Worth 100

Fort Worth Los Angeles Millennials Retail 100

PYMNTS

DECEMBER 8, 2017

Here are the numbers: $390 billion | Value of donations to nonprofit organizations in 2016. Within that $390 billion, online giving was up 10 percent last year, and mobile accounted for about 15 percent of those online transactions — percentage that is likely to grow as millennials become a stronger economic force.

Mobile 109

Mobile Data Payments Millennials 109