PYMNTS

DECEMBER 24, 2020

But no one was predicting a global pandemic that would shutdown the travel industry, events and physical retail. Consumers now shop for retail products from home at nearly double the rate they did a year ago, while three times as many relocated their grocery shopping from the store to their homes. The New Connected Command Center .

Millennials 206

Millennials Retail Course Report 206

PYMNTS

SEPTEMBER 3, 2018

The term “thinking outside of the box” originates from advice that puzzle management consultants famously gave to clients in the 1970s and 1980s to encourage creative thinking. Retailers are where these consumers go to find these new products. That makes product discovery coupled with product innovation retail’s new playbook.

Innovation 100

Innovation Branding Retail Regulation 100

PYMNTS

APRIL 13, 2018

It was a record-breaking first quarter for retailers in the U.S. According to a report issued by Moody’s earlier this week, the retail sector managed to notch a record number of defaults during Q1 2013, with nine retailers defaulting on their debt. corporate borrowers has increased to 3.9 percent, compared with 3.4

Retail 116

Retail Course Washington Marketing 116

PYMNTS

JANUARY 26, 2021

Since 2018, Alexa has been able to develop “hunches” based on its observations of its users' habits. According to the data, consumers now shop for retail products from home at nearly double the rate they did a year ago, while three times as many have relocated their grocery shopping from the store to their homes.

Millennials 175

Millennials Data Trends Security 175

PYMNTS

AUGUST 20, 2019

And based on early indications, it seems the follow-up act to the millennial generation is much more positively inclined toward using credit products of all stripes. Far more millennials and Gen Xers make use of credit cards than Gen Zers – at 38.29 million and 38.27 million, both cohorts have roughly quintuple the carrying rate.

Millennials 124

Millennials Cards Lending Data 124

PYMNTS

JULY 13, 2020

From telehealth to new financing options for patient treatments to big retailers like Walmart , Walgreens and CVS mashing up retail with healthcare, everyone from startups to incumbents are using the pandemic as an opportunity to disrupt — and reinvent — healthcare. Here’s a look at some of the latest developments. We’re in healthcare.

Retail 219

Retail Innovation Online Seattle 219

PYMNTS

AUGUST 20, 2019

And based on early indications, it seems the follow-up act to the millennial generation is much more positively inclined toward using credit products of all stripes. Far more millennials and Gen Xers make use of credit cards than Gen Zers – at 38.29 million and 38.27 million, both cohorts have roughly quintuple the carrying rate.

Millennials 101

Millennials Cards Lending Data 101

PYMNTS

NOVEMBER 24, 2020

Rosvall added that its “mission of helping millennials save more and feel better about their money” makes Dreams an “ideal” partner. Dreams launched in Sweden in 2016 and Norway in 2018 and has a 16 percent market share of all 20- to 39-year-old consumers.

Fintech 131

Fintech Millennials Groups Software 131

PYMNTS

JULY 3, 2019

Founded in 2018, Joko’s loyalty program already works with dozens of major retailers including McDonald’s, Uber, Starbucks, Zara and more. Instead, the user is notified after their purchase and can check their points in the app, trading them for gift cards to several retailers or converting them into charitable donations.

Cards 135

Cards Fintech Retail User Experience 135

PYMNTS

JANUARY 29, 2019

In a blog post , Eric O’Toole, general manager of sports and fitness for Walmart U.S. ” The move on the part of Walmart to ink a deal with Fanatics is the latest evidence that the retailer is serious about the apparel business and denting Amazon’s lead in that area. Walmart announced Tuesday (Jan. Beginning Tuesday (Jan.

Millennials 150

Millennials Branding Retail Operations 150

PYMNTS

DECEMBER 24, 2018

Text messaging, social media, Pinterest and memes have all been offered up as avatars of destruction — and the general consensus seems to be that the death of conversation is a direct result of the digital age and probably has something to do with millennials. The art of conversation is far from dead.

Data 151

Data Payments System social media 151

PYMNTS

DECEMBER 27, 2018

Open banking, bank APIs and data sharing flourished in 2018, with small business and corporate financial services squarely in the path of this financial services trend as banks and FinTechs consider new ways to enhance business payments, accounting, treasury and financial management. Yet the trend isn’t without its complications.

Customer Experience 191

Customer Experience Survey Trends Data 191

PYMNTS

SEPTEMBER 16, 2019

Retailers scour social media to find influencers and designer bellwethers to turn trends into sales. In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. Pundits identify bellwether states to predict election outcomes.

Millennials 222

Millennials Study Course Trends 222

CB Insights

DECEMBER 15, 2020

Change has been long overdue for the wealth management industry, which is facing growing competition, outdated legacy tech , thinning margins , and an aging client base. Digitization will be crucial for wealth managers looking to capture or retain this generation of clients. In turn, this is driving revenue for big banks. .

Management 87

Management Fintech Industry Trends 87

PYMNTS

JANUARY 21, 2019

Reuters reported the high-end luxury online retailer has issued a request for proposal to potential advisors and underwriters to take The RealReal public in 2019. With eCommerce booming, a slew of eCommerce merchants are looking for retail space to serve as warehouses to meet the online demand of consumers.

Online 122

Online Millennials Retail Report 122

PYMNTS

OCTOBER 20, 2020

A recent PYMNTS study found that more than two-thirds of consumers see rescuing Main Street physical retail linked to the economic vitality of their local communities. This means that the share of consumers making purchases who do so via voice assistant is up 42 percent since 2018 and up 10 percent since 2019.”.

Maine 221

Maine Retail Branding Study 221

CB Insights

MARCH 14, 2018

RESEARCH BRIEFING: WEALTH TECH IN 2018. Sudden volatility has shaken the markets and the state of wealth management. Find out what’s ahead for traditional wealth managers and wealth tech startups. We expect impact investing to be a major trend in 2018. There are massive demographic shifts underway in wealth management.

Millennials 53

Millennials Trends Management Company 53

PYMNTS

FEBRUARY 18, 2020

This is a popular strategy — DoorDash handled a full 35 percent of all meal deliveries in the United States in 2018, and Grubhub closely trailed on its heels, claiming 30 percent of orders. based QSRs draw millennials consumers, with half of this age group reporting that they place more deliveries now than they did two years ago.

Millennials 232

Millennials Trends Strategy United States 232

PYMNTS

MARCH 9, 2018

Today in PYMNTS data, Verifone’s first-quarter earnings largely met expectations, B2B FinTech firms are targeting millennials and small- and medium-sized businesses (SMBs) with digital financial services and blockchain appears to have real potential for market disruption. 206 million | Value of U.K.-based

blockchain 101

blockchain Data Millennials cryptocurrency 101

PYMNTS

DECEMBER 9, 2019

Holiday spending has changed over the past decade as digital payments began to filter into the retail world. Keeping up during this high-volume season can be difficult for retailers when shoppers have unique payment expectations. Retail is all about conversion. Cutting through the holiday buzz .

Millennials 131

Millennials Branding Retail Payments 131

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. This year in the US, JP Morgan launched mobile banking app Finn and Goldman Sachs’ retail banking arm Marcus crossed 1.5M Incumbents Play Catch-Up.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

OCTOBER 21, 2020

"Demand for refurbished products has surged, and by securing exclusive rights to inventory sold directly from the most popular manufacturers, eBay is changing the way people shop this category," said Jordan Sweetnam , senior vice president and general manager for eBay's North America market. We see many benefits to expanding this business.

Branding 192

Branding Samsung Meeting Millennials 192

PYMNTS

FEBRUARY 11, 2020

The company says 56 million women bought secondhand items in 2018, up from 44 million a year earlier. It also manages resale programs for Arc’teryx, Eileen Fisher, Patagonia, REI and Taylor Stitch. percent of StockX sales had a retail multiple of 1x to 2x , meaning that resale prices were between zero and 100 percent over retail.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

OCTOBER 30, 2018

The new concept, according to reports, is called Roll by Goodyear, and it’s a very different concept for retail than what has been typical of the 132-year-old tire company’s MO thus far. In our (traditional tire) stores we skew slightly older and slightly male, and we are missing millennials and women,” Thomas said. “We

Millennials 159

Millennials Maryland Metro Course 159

PYMNTS

MAY 24, 2019

Google has recently upped its game in the food service area of retail, further proof that innovation is heating up when it comes to restaurants – and another signal of how the connected vehicle ecosystem is developing. Food Retail Innovation. For instance, commuters in 2018 spent some $62.3 Those consumers also spent $43.9

Google 115

Google Mobile Retail Innovation 115

PYMNTS

JANUARY 10, 2020

With roughly 17 million active users each month and 30,000 diverse online retailers, Honey has delivered some $1 billion in savings to shoppers in the past year. Citigroup Names New Retail Banking Leader. David Chubak will head all retail sectors — branches, mortgages, wealth, risk management and small business, according to a memo.

San Francisco 130

San Francisco Millennials Cards cryptocurrency 130

PYMNTS

JANUARY 1, 2019

Here’s a 2019 prediction that we guarantee will come true: There will be no human being or business adamantly hoping to be paid slower in 2019 than they were in 2018. When PYMNTS and Visa spoke to 2,800 consumers for the 2018 edition of the How We Will Pay study, working consumers were among the groups keenest to be paid faster.

Payments 198

Payments Industry Millennials Groups 198

PYMNTS

NOVEMBER 9, 2018

“An increasing number of employers tell us that workers ask for the ability to access their pay with greater flexibility and in a responsible way,” said Craig Cohen, general manager of the ADP Marketplace in a press release. The biggest push for instant payments this year, however, has come from the nation’s largest retailer, Walmart.

Payments 178

Payments Tools Retail Report 178

PYMNTS

NOVEMBER 23, 2018

Even people without a mind for business remember that motto as one of the guiding principles of retail and other forms of commerce — absorbed, perhaps, in a high school class or via any number of articles, TV shows, commercials or bits of pop culture that have riffed on that theme. Location , location, location. Instagram Role.

social media 163

social media Mobile Branding Retail 163

PYMNTS

NOVEMBER 28, 2017

Car-shopping app Fair was launched in Los Angeles in September by Scott Painter, Fair founder and former CEO of TrueCar, with plans to expand to more markets in 2018. The millennial factor. Fair’s phone-first approach to vehicle shopping was designed for millennials, he explained. percent compared to the 12.09 of Gen Xers.

Mobile 102

Mobile Millennials Los Angeles Trends 102

PYMNTS

JUNE 7, 2019

billion in 2018) come from a recurring subscription model. Finn: JPMorgan shutters its project aimed at bringing more millennials to digital banking. Retail stocks: May was a gloomy month for the XRT, a fund that tracks retail stocks, as it was down 13 percent.

Fintech 101

Fintech Study Online Retail 101

PYMNTS

NOVEMBER 21, 2017

has its own Open Banking initiatives coming into force in 2018, too. Open Banking will make a transformational change to banking for personal customers and small businesses,” said Alasdair Smith, the CMA’s chairman of the retail banking investigation, when the group announced its findings earlier this year.

Fintech 115

Fintech Millennials Meeting Innovation 115

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. More than one-third (38 percent) of all restaurant visits are enhanced by mobile devices, while for millennials, mobile devices were used by the majority (53 percent) of respondents.

Mobile 138

Mobile Millennials Online Payments 138

PYMNTS

MARCH 15, 2018

Or, at least, that’s the pessimist’s view — a more optimistic estimate puts the odds somewhere around 1 in 128 billion, which is a much more manageable statistical impossibility. Toys R Us vs. The Retail Death Spiral . It even managed to garner a $3.1 It even managed to garner a $3.1 Winner: The Retail Death Spiral.

Payments 108

Payments Millennials US Fraud 108

PYMNTS

APRIL 30, 2018

As the prominent global video-commerce retailer, and North America’s third-largest mobile and eCommerce retailer, the combined company will be well-positioned to help shape the next generation of retailing.”. If you go to other online retailers, it’s a transaction. The Beauty & Wellness Makeover. Signs of Traction.

Branding 129

Branding Millennials Retail social media 129

PYMNTS

FEBRUARY 28, 2018

As we enter 2018, we are working diligently to improve execution with a focus on conversion, gross margin and inventory management,” CEO Robert Niblock said in a statement. housing market and the increasing transition of the millennial generation into home ownership mode. percent, again ahead of the 3.1

Nashville 100

Nashville Tennessee Taxes Course 100

PYMNTS

MARCH 2, 2020

Retailers often need additional coverage during peak holiday shopping periods, hospitals may need substitutes for nurses on paternity leave and construction companies might need to increase staff for sizable projects. High employment rates pit staffing agencies against each other to recruit temps. Staffing agencies in the U.S.

Cards 130

Cards ATM United States Payments 130