PYMNTS

MAY 22, 2017

Capturing the ever-changing mindset of millennials can seem like a continual headache for retailers. From sales shifting to more online shopping to more integrated in-store demands, the retail world has been refining its approach to attract and maintain tech savvy shoppers.

Millennials 100

Millennials social media Retail Online 100

PYMNTS

FEBRUARY 6, 2020

and has attracted more than 3,000 retailers to its partnerships. Sykes believes the attraction of online companies and uber-retailers it simple at one level. Klarna has melded New York Fashion Week glitz with experiential retailing this year. The changes in fashion retail are being driven by three dynamics.

Retail 142

Retail New York Branding Millennials 142

PYMNTS

DECEMBER 6, 2019

Consumers — especially millennials and Generation Z — are looking for new commerce experiences during the 2019 holiday season. Retailers must accommodate financial flexibility, which is leading many to explore alternative solutions — such as Buy Now, Pay Later (BNPL) solutions. Around The Buy Now, Pay Later Worl d.

Millennials 219

Millennials Payments Retail Apple 219

PYMNTS

DECEMBER 28, 2018

When it comes to retail, recollections seem likely to linger upon the ongoing (and significant) growth in eCommerce, the developing relationship between online and physical stores, a big boost in apparel sales, and the role of mobile in the journey from browsing to purchase. Online shopping grew 19.1 But that’s not all.

Retail 156

Retail Trends Course Online 156

PYMNTS

APRIL 6, 2019

Because the millennial art buyers are arriving – and what they buy, how they buy it and how they relate to it is very different than prior generations. The Simpsons,” Dolls, Shoes – The Eclectic World of Millennials’ Collections. It wasn’t the only big sale for a KAWS piece that day – a millennial Chinese buyer dropped $2.6

Millennials 148

Millennials Marketing Trends New York 148

PYMNTS

JANUARY 14, 2019

It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

Retail 198

Retail Online Mobile Data 198

PYMNTS

FEBRUARY 11, 2020

Consumers have long grown accustomed to online shopping, but familiarity does not necessarily result in increased purchase volumes. They may spend hours browsing retailers’ online or mobile websites, only to abandon the items placed in their carts — the digital equivalent to window shopping. BNPL Solutions and Breathing Room .

Millennials 130

Millennials Retail Mobile Online 130

PYMNTS

FEBRUARY 11, 2019

The youngest of the bridge millennials – those 30- to 40-year-olds who today represent the first generation of connected consumers with spending power – will be having their mid-life crises at the age of 50. In a world where, as the Census says, 90 percent of retail sales still happen in the physical store, cards rule. The Big Shift.

Online 197

Online Retail Mobile Branding 197

PYMNTS

SEPTEMBER 4, 2018

Also, Samsung has a new plan to capture millennial consumer loyalty, there is new clarity at the Bank of England and a new scam hits home buyers. Amazon Increases Its Push To Capture Online Ad Dollars. Samsung Eyes Millennials With Smartphone Revamp. Mobile Users To Rely On Biometrics Security By 2023.

Online 100

Online Samsung Millennials Mobile 100

PYMNTS

JANUARY 10, 2018

And so, as 2018 begins, so does the Start Path class of 2018, which is accepting applications until Jan. The process for startups is as straightforward as completing a very simple form online and, if the company wishes, submitting a reference. “We The Start Path Admissions Process.

Company 194

Company Meeting Millennials blockchain 194

PYMNTS

SEPTEMBER 11, 2019

As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. In a bit of granular detail, the authority will offer up two “full bank” licenses, which will allow non-banking companies to offer a gamut of services, including taking on deposits from retail customers. Circling back to the U.K.,

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

NOVEMBER 2, 2020

Today, the “membership has its privileges” mantra is at the core of the latest face-off between the two retail behemoths vying for an increasing portion of consumer spend: Walmart and Amazon. consumer seems happy to test the waters — and none more so than the coveted bridge millennials. But these results also suggest that the U.S.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

FEBRUARY 7, 2020

The no-interest, no-fee nature of these solutions intrigues consumers — especially the millennial and Generation Z demographics — searching for alternative payment methods that can grant them further flexibility and convenience while shopping. Around The Buy Now, Pay Later World. To learn more, visit the Tracker’s News & Trends section.

Industry 167

Industry Millennials Retail Mobile 167

PYMNTS

APRIL 18, 2019

The second time is the charm — that holds true for Neiman Marcus, and the hot retail trend the chain is tapping into (again). Retailers are increasingly turning their sights to resale commerce. The latest evidence for that came this earlier this week from the high-end retail chain. Resale Factors. Resale Growth.

Retail 117

Retail Online Trends Course 117

PYMNTS

FEBRUARY 21, 2018

That was on top of news that Walmart’s increased profit-margin pressure was pushing an annual revenue estimate for 2018 that missed investor expectations. McMillon assured investors that 2018 should see an average eCommerce sales growth rate of 40 percent. This issue, among others, is on Walmart’s priority list for 2018.

Online 100

Online Taxes Branding Retail 100

PYMNTS

NOVEMBER 27, 2019

Retailers are certainly in the swing of things. To make things easier for shoppers, Walmart is also introducing an online gift finder and will launch a digital toy catalog on Nov. The retailer is also planning events based on popular culture, with Pokémon, Frozen and Star Wars on the roster. Consumer Preferences. That’s not all.

Trends 130

Trends Millennials Retail Study 130

PYMNTS

NOVEMBER 23, 2018

But don’t get too carried away — during the 2018 holiday season, most U.S. Drawing on figures from eMarketer , a new report said that “only one in eight Americans will do their holiday shopping online this year. Cyber Monday will set yet another retail record this year, Adobe predicted, with sales on Nov. 26 to hit $7.7

United States 140

United States Millennials Retail Online 140

PYMNTS

SEPTEMBER 6, 2017

Lie before you buy: Casper, the online bed-in-a-box startup selling mattresses by mail order, will soon allow customers to try those beds before having one shipped to their home. These shops will be open in cities such as New York, Los Angeles and Chicago through spring 2018. That’s on top of the company’s 100-day money-back trial.

Online 100

Online Company Los Angeles New York City 100

PYMNTS

SEPTEMBER 30, 2019

Online Resale. Online resale has become all the rage — even for retailers like Neiman Marcus — from a little bit of everything on OfferUp to fashion-focused Poshmark and high-end The RealReal and 1stdibs. Sales of counterfeit goods through online marketplaces are expected to hit $1.8 billion per year to fake online sales.

Online 101

Online Fraud Branding social media 101

PYMNTS

SEPTEMBER 3, 2018

Here at PYMNTS our resident expert in thinking outside of the lines as laid out by conventional wisdom is Karen Webster — and summer 2018 has been a particularly good time for drawing long and unexpected lines way outside the box, and into a rapidly changing future. Retailers are where these consumers go to find these new products.

Innovation 100

Innovation Branding Retail Regulation 100

PYMNTS

OCTOBER 1, 2019

To that end, ownership of the key enabler of contactless payments – that would be smartphones, of course – is up, reaching 90 percent in 2019 versus 84 percent in 2018. In paying for their retail purchases online and in store, in terms of the overall respondent pool, 9.6 percent of the bridge millennials and 42.2

Millennials 140

Millennials Payments Study Groups 140

PYMNTS

OCTOBER 20, 2020

PYMNTS researchers found that what we call “social shifters” moved online fast but are most likely to rush back to physical stores and outside activities. 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.

Maine 221

Maine Retail Branding Study 221

PYMNTS

MARCH 5, 2019

Amid a double-digit increase in digital sales and a focus on omnichannel efforts, Kohl’s Corporation beat analysts’ top-line revenue and earnings estimates for the fourth-quarter of 2018. The department store retailer reported revenues of $6.8 Rewards and Millennials. billion and earnings per share of $2.24 billion and $2.18

Millennials 148

Millennials Philadelphia Chicago Retail 148

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. As a result of the series of retail fails, the default rate of high-risk U.S.

Retail 116

Retail Course Washington Marketing 116

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

JUNE 10, 2019

Gwynnie Bee originally debuted as a subscription service for plus-size clothing, but launched a digital platform last year called “CaaStle” (Clothing as a Service) to enable traditional retailers to offer their own subscription clothing rental business. Ann Taylor and New York and Company were early participants. Younger buyers were 2.4

Online 111

Online social media Retail New York 111

PYMNTS

DECEMBER 8, 2020

billion it was worth in 2018. The company said the pandemic, despite its adverse effect for many markets, had done well for its own revenues, with 58 percent of adults and 70 percent of millennials saying they were more likely to have food delivered now than two years ago.

San Francisco 173

San Francisco Millennials Video Marketing 173

PYMNTS

JANUARY 21, 2019

The RealReal , the online luxury reseller, is reportedly mulling an initial public offering, reported Reuter s. 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.

Online 122

Online Millennials Retail Report 122

PYMNTS

APRIL 25, 2019

Most estimates for 2018 are around $900 million. The term eSports can refer to a wide range of games in the competitive space, but in general the most popular ones are in the first-person shooter or multi-player online battle arena genres. The lifestyle retailer will donate $10,000 to HSEL’s scholarship prize pool.

Retail 166

Retail America Video Millennials 166

PYMNTS

DECEMBER 14, 2020

Even fewer consumers report shopping for retail purchases on weekends during 2020. According to PYMNTS data, just 46 percent of consumers shop for retail goods on the weekend now, whereas 65 percent did so in 2019. And, notably, consumers have gotten more comfortable over time moving their produce purchases online as well.

Online 257

Online Retail Data Report 257

PYMNTS

OCTOBER 21, 2020

Approximately twice as many consumers now shop for retail products from home as did a year earlier, while three times as many relocated their grocery shopping from the store to their homes. Some 23 million consumers are using voice assistants to make purchases — a 42 percent increase from this time in 2018 and a 10 percent jump since 2019.

Millennials 150

Millennials Retail Report Mobile 150

Bank Innovation

NOVEMBER 7, 2017

Wells Fargo is going after first-time millennial investors with its new hybrid roboadvisor, Intuitive Investor. The product, which will be launched in February 2018 according to the bank, was designed with a hybrid approach.

Millennials 186

Millennials Strategy Online Retail 186

PYMNTS

DECEMBER 18, 2020

In doing so, we bring the power of community to buying and selling online. million in 2018 and $48.7 That’s not surprising, as Target reported a 155 percent jump in third-quarter digital sales , while Walmart ’s online sales grew 79 percent during the same period. million in 2018 to 31.7 After losing $14.5 30 quarter.

social media 232

social media Online Millennials Training 232

PYMNTS

JANUARY 1, 2021

For the purposes of this exercise, we’re going to describe the “typical” grocery shopper – a bridge millennial, a 36-year-old mom of 1.93 And they’re also “the most likely to say they will keep shopping online once daily life returns to normal.”. children (according to the Census Bureau) doing the grocery shopping for the household.

Study 362

Study Survey Exercises Cards 362

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. That’s not to say physical retail is dying.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

FEBRUARY 6, 2020

The retail angle (outside of Nike’s own stores) is that the company is betting consumers will be attracted to environmentally friendly products, regardless of whether they have a “swoosh” or not. “The 6), marking his first television interview since taking the helm at the retailer last month. “It Recent data says he is. Of those, 12.4

Millennials 152

Millennials Miami Retail Examples 152

PYMNTS

SEPTEMBER 19, 2018

Target’s demographic is migrating online — and toward Amazon. They are increasingly seeing the upper-end of their prime demographic, a group PYMNTS titled bridge millennials. Shipt is currently available in 35 states, but Target says it expects to expand to all major markets by the end of 2018, reaching about 75 percent of the U.S.

Millennials 138

Millennials Montana social media Branding 138