PYMNTS

DECEMBER 24, 2020

market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. billion during 2020’s first nine months. percent during 2020’s first nine months to $1.75 billion — not bad, but far below what other major online retailers are seeing. All told, it’s risen 363.6

US 230

US Company Report Payments 230

PYMNTS

MAY 14, 2020

The latest to report, Wine.com – which bills itself as the nation’s leading online wine retailer – earned $165 million in revenue and saw 25 percent growth for fiscal 2020, ending March 31. Revenue from millennials and younger age groups topped $50 million, an increase of 77 percent. out of 10 on “likelihood to recommend.”.

Online 164

Online Retail Millennials Analytics 164

Bank Innovation

NOVEMBER 20, 2019

in the first quarter of 2020. billion in its most recent fundraising, received authorization from the Financial Conduct Authority to operate in the U.K. millennials by […]. Robinhood Markets Inc. plans to offer its stock-trading service outside the U.S. for the first time, launching in the U.K. The startup, valued at $7.6

Millennials 170

Millennials Operations Marketing Management 170

PYMNTS

AUGUST 19, 2019

That said, there seems little question that younger consumers will continue to drive most changes in mobile, including its often complex place in the retail and shopping chain. PYMNTS-LISNR research demonstrates how younger consumers are driving this shift in the history of retail. Generational Shift. “A percent and 42.8

Mobile 179

Mobile Millennials Retail Online 179

PYMNTS

JULY 14, 2020

The company, which operates in the U.S., billion in fiscal 2020, up from $5.2 Merchant revenue margins for fiscal 20 are expected to be in line with or better than the first half of fiscal 2020 and fiscal 2019. Net transaction loss for 2020 is expected to be up to 55 basis points which the company called historically low levels.

Millennials 188

Millennials Capital Trends Report 188

PYMNTS

MAY 5, 2020

With the retail industry sliding into Mother’s Day in just a week, the return issue is bound to raise its head. Some stats around the issue show just how substantial it is for retailers. And if a retailer charges too much (or charges at all) 57 percent of millennials will bail on future business. Now add a pandemic.

Policies 185

Policies Retail Study Washington 185

PYMNTS

DECEMBER 24, 2019

26, the eCommerce operator — via its Alexa Skills Kit Blog — announced the debut of “two new Alexa capabilities that will help create a more natural and intuitive voice experience for your customers.”. Real-time payments — it’s a common phrase in 2019 that will become even more common in 2020. 4: An Increasing Number Of Devices.

Cards 160

Cards Payments Study Examples 160

PYMNTS

APRIL 19, 2018

Wendy’s , for example, planned to roll out self-ordering kiosks at about 1,000 of its retail locations by the end of 2017 in an attempt to both lure younger customers and to battle long lines at peak dining hours. 25 percent is the projected percentage of customer service operations that will use chatbots by 2020.

Retail 102

Retail eBook Customer Experience Ohio 102

PYMNTS

OCTOBER 23, 2020

And, beginning next year, they will be able to spend their crypto collections with any of the 26 million retailers currently taking PayPal. General Electric operates in over 100 nations in segments that encompass energy production, aviation and healthcare. Millennials Will Lead The Voice Commerce Revolution.

Apple 149

Apple Maine Millennials Bitcoin 149

PYMNTS

DECEMBER 11, 2019

Moody’s Investors Service slashed its forecast for department stores this season — with expectations the sector will log as much as a 20 percent decline in operating income. Department stores “will remain among the worst performers of retail,” they said. “If

Millennials 131

Millennials Trends Examples Retail 131

PYMNTS

NOVEMBER 3, 2020

Schools and universities will be allowed to continue to operate, but all bars and restaurants must close except for takeout and delivery. Helen Dickinson, chief executive of the British Retail Consortium, expressed concern that the latest round of U.K. According to the study, bridge millennials engage in 14.1 How We Shop Now .

Millennials 146

Millennials Data Study Survey 146

PYMNTS

OCTOBER 1, 2019

1, 2020 — at one point, the deadline was in 2017. However, that’s only part of what’s really going on when it comes to this particular card payments mark for convenience stores and gas pumps, according to a new PYMNTS interview with Chris Triconi, director of petro, convenience stores, and fuel retail at payment technology firm LISNR.

Innovation 167

Innovation Customer Experience Retail Operations 167

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

DECEMBER 4, 2020

The dishes are cleared, the leftovers are largely eaten and the world of grocery shopping is settling down to normal as Thanksgiving week 2020 passes into memory, (or at least whatever passes for normal) as the year is heading into its final few weeks. Q3 operating profit hit $792 million, up from $254 million the previous year.

Puerto Rico 142

Puerto Rico Oklahoma Indiana Kentucky 142

PYMNTS

DECEMBER 20, 2019

In the 1930s, in the era of the Great Depression, when consumers had little extra cash, retailers nationwide came up with an innovation to make it easier for people to shop without having to pony up cash right away. Wanting to be able to go and buy what you want, when you want or need it, isn’t just a millennial trait,” he pointed out.

Millennials 137

Millennials Retail Tools Branding 137

PYMNTS

MAY 4, 2017

Brazil and Mexico — the total amount in cash payments for the region was $3 trillion in 2015, with weighted average cash use at 14 percent of GDP, with an estimated increase, annually, of 4 percent through 2020 in absolute dollars but a decline in percentage of GDP by 1.2 Turning to the Americas — defined as the U.S.,

ATM 192

ATM Millennials United States Study 192

PYMNTS

SEPTEMBER 29, 2020

Fifty percent of businesses say manual processes, sluggish payments and high operating costs have made managing accounts receivable departments nerve-wracking over the last six months. Why Millennials And Gen Z Could Save 2020's Holiday Shopping Season. consumers will do.

Payments 148

Payments Apple Survey Seattle 148

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. 23-25, 2020. One hundred and ten (110) million U.S.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

DECEMBER 20, 2019

We have a deep, data-supported dive on fighting fraud with artificial intelligence (AI), an outlook on seven 2020 trendlines and news on gas station cyberattacks. How Grocery Retail Will Evolve In 2020 . What’s Next For Payments In The Next Decade: The Seven 2020 Trendlines.

Fraud 100

Fraud Trends Payments Retail 100

PYMNTS

FEBRUARY 11, 2020

While “reselling” or “secondary market” are more likely to keep ownership of this burgeoning market, the reselling market is reinventing itself for 2020. For See You Tomorrow, Yerdle will power all backend operations including cleaning and repairing of product, inventory processing and fulfillment, pricing and authentication.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

FEBRUARY 4, 2020

By the end of 2020 four in 10 shoppers worldwide will belong to Gen Z, the consumer group born more or less between 1996 and 2010. A bit younger than their millennial siblings and cousins, they’ve grown up totally mobile, and have idiosyncrasies that make them unique. Email is the most common means (71.5

Millennials 130

Millennials Fraud Groups Payments 130

PYMNTS

NOVEMBER 8, 2019

Same-store sales increased only 2 percent for quick-service restaurant (QSR) operator Shake Shack in the third quarter of 2019, disappointing investors. The latest QSR earnings report comes amid massive technological changes in that world as restaurant operators seek to improve all facets of their operations via mobile and digital technology.

Mobile 101

Mobile Operations Trends Millennials 101

PYMNTS

MAY 29, 2020

How are CUs utilizing videoconferencing capabilities on interactive teller machines (ITMs) to maintain their branch operations during the pandemic, and how is biometric technology helping them offer more secure, quicker and touchless ATM services? Retailing 2020: Five Things To Watch. Fun, Cool and Otherwise Interesting.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

DECEMBER 31, 2020

Take a look (and have a listen) at our 10 favorite podcasts from 2020. When you look at the spending graphs for millennials at that time, debit was growing at twice the speed of credit, but the average order value was much lower, which correlates with the lower disposable income in the demographic at the time,” Molnar noted.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

DECEMBER 19, 2018

Retailers are rolling out new ways for consumers to purchase their groceries that allow them to trade the checkout line for a few taps on a smartphone. percent — of shoppers visit a grocery retailer because they can well-coordinate online and in-store shopping. Just under 17 percent — or 16.7 The future looks even more promising.”.

Retail 108

Retail Colorado Online Mobile 108

PYMNTS

MAY 28, 2019

million buyers who operate in industries such as website development, logo design and blog writing. Smartphones contributed one trillion dollars to overall retail sales in the United States during 2018. percent – is the total compound annual growth rate (CAGR) of the mobile payment transaction market from 2015 to 2020.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

JANUARY 3, 2020

As part of that rethinking, but with an eye toward not overly fragmenting Singapore’s small domestic retail banking market — the issuance of digital banking licenses will start small. As of early 2020, Razer has about 70 million registered users across its various software offerings. What is each player bringing to the race?

Digital Banking 130

Digital Banking Groups Regional Mobile 130

PYMNTS

AUGUST 14, 2019

The department store retailer bolstered its omnichannel efforts while opening a distribution center for its off-priced business that taps into cloud computing technology; however, it struggled with inventory during the quarter. The collaborations allowed Macy’s to offer unique products and experiences to shoppers.

Columbus 100

Columbus DC Branding Google 100

PYMNTS

MAY 9, 2017

Likewise, earnings per share (EPS) and net income hit well above expectations, with the online retail giant raking in $1.48 The online retail giant is already a major contender in online apparel sales among millennials. Kearney pegs online grocery sales at 1 percent currently, anticipating growth to 3 percent by 2020.

Online 100

Online Retail National Marketing 100

Banking 2020

JANUARY 15, 2015

The retail banking industry has seen major changes occurring in the industry over the last few years with the adoption of mobile banking, the rise to prominence of the millennial demographic, narrowing margins, stagnant top line revenues, the future of the branch and continued regulatory changes.

Retail 40

Retail Trends Millennials Mobile 40

CB Insights

DECEMBER 15, 2020

Get the free 64-page download to learn how industries are using tech to reimagine nearly every facet of their operations. Despite the pandemic, 2020 has been a record year for wealth tech companies. 24 Industries & Technologies That Will Shape The Post-Virus World. First name. Company Name. Phone number. Source: Bloomberg.

Management 87

Management Fintech Industry Trends 87

PYMNTS

SEPTEMBER 27, 2016

Cohen owns a national distribution network and deals with some of the nation’s biggest retailers. His aim is to change the way that the thousands of cases of retail goods are stored, handled and hauled. But it’s not just the retailers trying to cut costs who are embracing technology. In 2016, 5 percent of U.S.

Mobile 100

Mobile Payments Los Angeles California 100

FICO

JUNE 14, 2021

million in the fiscal year ended June 30, 2020, and its sales more than tripled in the July-September quarter from a year earlier. The company says that over half of Afterpay’s customers in the United States are millennials, aged 25 to 40 years old. of North American e-commerce payments by 2024, up from 1.6% during the pandemic.

Fraud 52

Fraud Cards Millennials Utah 52

PYMNTS

DECEMBER 27, 2019

Payments Flash-Forward: Why December 2020 Will Be One To Remember. Among the common themes to emerge: Change will come to the point of sale (POS), moved by the continued pivot to contactless ways to pay — and the demographic change that will bring the mighty millennial more buying power.

Taxes 101

Taxes Mobile Management blockchain 101

PYMNTS

NOVEMBER 7, 2019

7), the transit-as-a-service operator is offering car and truck owners looking to offload their vehicles a deal: Sell those vehicles via online retail service Carvana and get in return $250 worth of Lyft credits, plus three months of free membership in Lyft’s new Lyft Pink membership subscription program.

Los Angeles 101

Los Angeles San Francisco Software Millennials 101

PYMNTS

JUNE 11, 2019

From automakers to retailers and online platforms, companies around the world are tapping into connected commerce technology in automobiles and mobile devices. The portion of millennial parents who would rather not eat at all than wait in long QSR lines is 48 percent.

Google 110

Google Mobile Technology Retail 110

PYMNTS

NOVEMBER 30, 2020

The season isn’t so much revving up as already in full swing — and now the pressure is really on for retailers to switch up their holiday game plans as the clock is ticking and the pie is shrinking. While digital has been on the rise in seasonal shopping for the last several years, it entered the 2020 season on unusually strong footing.

How To 232

How To Google Online Cards 232