PYMNTS

DECEMBER 24, 2019

All that’s left now, more or less, is the rush of returns that will all but overwhelm some retailers. Sneakers, of course, are always popular,” and that popularity looks likely to hold well after the 2019 holiday shopping season — thanks to the preferences of younger shoppers, including millennials and Generation Z. Top Sellers.

Millennials 139

Millennials Branding Trends Retail 139

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

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

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

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

OCTOBER 7, 2020

By the time retailers get to Black Friday , they will have worked through almost two months of sales events – both proprietary and otherwise – from competitors ranging from Amazon to Target to Walmart. percent of shoppers went to a physical store on that day, which was down five percentage points from 2018. On the flip side, 20.4

Millennials 241

Millennials New York City Retail Study 241

PYMNTS

JANUARY 2, 2019

The holiday sales season is nearly done for 2018, and it’s so far so good — particularly for eCommerce. But will 2018’s strong seasonal spending portend a happy commerce new year for retailers? 2,225: The amount bridge millennials spend on average each year on retail purchases.

Millennials 158

Millennials Fraud Maine Retail 158

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. According to Mastercard , overall retail spending increased 5.1

Retail 156

Retail Trends Course Online 156

PYMNTS

DECEMBER 9, 2019

The Buy Now, Pay Later Tracker shows that flexible retail solutions can unlock the purchasing power of Generation Z and millennial shoppers. 52 percent: Share of millennials who believe it is acceptable to take on debt during the holiday season. 2,225: Average individual retail spending per year for U.S. 30 percent: U.S.

Millennials 131

Millennials Retail Data Payments 131

PYMNTS

JANUARY 18, 2018

Sales of luxury goods in China are skyrocketing — up around 20 percent from 2016 — in its sharpest growth since 2011, as Chinese millennials seek products like handbags and cosmetics, Reuters reported. 2017 saw a global recovery of the luxury retail market due to their affinity for high-end brands.

Millennials 100

Millennials Branding Retail America 100

PYMNTS

JANUARY 10, 2018

And so, as 2018 begins, so does the Start Path class of 2018, which is accepting applications until Jan. As Neale pointed out, this particularly applied to international firms, which may be well-known in their home market but would like to expand globally. The Start Path Admissions Process.

Company 194

Company Meeting Millennials blockchain 194

CB Insights

MARCH 27, 2019

Over the next few decades, baby boomers and Gen X will pass on $30T in wealth to the millennial generation. More than any other generation, millennials are interested in the idea that their investments will have a positive global impact when it comes to issues like sustainability and climate change. PREPARE FOR THE FINTECH FUTURE.

Millennials 77

Millennials Fintech Trends Report 77

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

JANUARY 30, 2020

So-called fast fashion has been a big player in retail for years, but that part of the commerce-and-apparel world is facing some serious challenges. The bankruptcy filing was a dim commentary on a trend that largely appealed to young women, and which has sat high in the world of retail for a good decade or more.

Retail 142

Retail New York City New York social media 142

PYMNTS

FEBRUARY 11, 2020

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. Shoppers left approximately $34 billion worth of abandoned goods in their online carts in 2018 — the equivalent of 7 percent of all digital commerce conducted that year.

Millennials 130

Millennials Retail Mobile Online 130

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

JUNE 7, 2019

That, in turn, reportedly provides another opportunity for the emerging and growing legal cannabis retail sector. Yet the growth of the legal cannabis retail industry demonstrates that many consumers will, or might soon, shift their intoxication methods. Take luxury retail , for instance. consumers are drinking less beer.

Retail 124

Retail Industry New York Millennials 124

PYMNTS

JANUARY 8, 2021

Bloomberg notes that such an offering would be unusual, as retail investors generally do not get an opportunity to participate in an IPO at the offering price. Having retail investors buy shares ahead of the opening could also limit the size of the rally of the stock on its first day of trading.

Massachusetts 363

Massachusetts Fintech Millennials Retail 363

PYMNTS

NOVEMBER 27, 2019

Retailers are certainly in the swing of things. The retailer is also planning events based on popular culture, with Pokémon, Frozen and Star Wars on the roster. Aiming to attract more kids and parents to the store, the retailer is aiming to make the experience as enjoyable as possible. Consumer Preferences. That’s not all.

Trends 130

Trends Millennials Retail Study 130

PYMNTS

MAY 24, 2018

Some landlords announced new deals for residential uses, while retailers and real estate owners in general seemed to be collaborating more closely to keep shopping centers alive. You don’t have to fill retail with retail anymore,” remarked Greg Maloney, head of JLL’s America retail business, at the event.

Retail 103

Retail Las Vegas Millennials America 103

PYMNTS

DECEMBER 26, 2018

52 Mondays 2018 is the second annual edition of those columns, which offer a play-by-play perspective on the developments in the most dynamic ecosystem in the world. They are presented in the order published, giving you, more or less, a mini payments and commerce time capsule for 2018.

Payments 168

Payments Data Millennials Maine 168

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

APRIL 26, 2019

Floravere Co-founder Denise Jin said in an announcement , “With our New York Flagship, we’ve created a retail experience that reflects how our bride actually shops: from IG to IRL. Beyond Floravere, other wedding retailers have opened up brick-and-mortar stores in New York City and its greater metropolitan area.

Branding 123

Branding Retail New York New York City 123

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. Farfetch was able to raise $885 million.

Retail 117

Retail Online Trends Course 117

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

AUGUST 28, 2018

What about retail stores, restaurants and hotels? Technology is making it easier for the workforce to put in the daily eight (or 10, or 12) hours from their own homes, but another change is taking place: Using commercial space left behind by retailers, or in eateries or hotels, as communal areas of work. WeWork Efforts.

Retail 101

Retail New York City Arizona United States 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

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 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

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

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

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

NOVEMBER 15, 2017

Fashion retailer Forever 21 revealed that it has suffered a data breach at some of its stores. With the opening of this new store, which already has 13 locations at GGP malls, the retailer will have the opportunity to experiment and focus more on social media-friendly millennials.

Los Angeles 151

Los Angeles social media Millennials Retail 151

PYMNTS

SEPTEMBER 1, 2020

online wholesale retailer sometimes called “Costco for millennials,” is seeking a buyer, Reuters reported. Its last valuation was $600 million in 2018, Reuters reported, citing data from PitchBook. Boxed , the U.S. Boxed, based in New York, offers sales of fresh groceries, office supplies and more.

Online 205

Online New York Millennials Maine 205

PYMNTS

NOVEMBER 23, 2018

But don’t get too carried away — during the 2018 holiday season, most U.S. Cyber Monday will set yet another retail record this year, Adobe predicted, with sales on Nov. The growing and developing power of online retail and associated retail technology will also be demonstrated this holiday season. 26 to hit $7.7

United States 140

United States Millennials Retail Online 140

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

PYMNTS

OCTOBER 2, 2019

And in retail, pizza’s popularity constitutes a driving force for ongoing innovation in the sector, while EMV’s delay has been the convenience store’s gain. 3,248: Average amount millennial consumers lost per bank scam this past year. 31.3B: Estimated value of global card losses due to fraud in 2018. All this, Today in Data.

Mobile 108

Mobile Millennials Fraud Data 108