article thumbnail

Number Of Millennial Households Expected To Soar Over Next 10 Years

PYMNTS

A lot of millennials are still living at home with their parents, but as more and more of them begin moving out in the coming years, they could have a significant impact on both the housing and rental markets. So what will fuel this significant growth in new millennial households? That number hit 21.3

article thumbnail

Number Of Millennial Households Expected To Soar Over Next 10 Years

PYMNTS

A lot of millennials are still living at home with their parents, but as more and more of them begin moving out in the coming years, they could have a significant impact on both the housing and rental markets. So what will fuel this significant growth in new millennial households? That number hit 21.3

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Grocery Tracker: Time Crunch

PYMNTS

Murray’s Cheese and Kroger have been partners for nearly a decade, with the national grocer selling the cheese shop’s products in its supermarkets. consumers in the arms of online grocers by 2025 — purchases that the study suggests will value over $100 billion. The outposts are designed to mimic Murray’s flagship store. percent of U.S.

article thumbnail

Navigating The Overstuffed Weight Loss Market

PYMNTS

is largely credited for the global epidemic – even if we are no longer technically the “fattest” country on Earth (congratulations, Nauru ) – the problem has definitively spread inside our national borders. Plus, while the U.S. percent of global GDP. billion in revenue a year. Noom is an app-based method for tracking calories and activity.

Marketing 131
article thumbnail

33 Percent Of Grocery Customers Would Use Digital Coupons If Retailers Offered Them

PYMNTS

Online grocery sales are a booming business, with the eCommerce segment expected to make up 20 percent of all grocery sales by 2025. Over a year of research and development, Shopkick Grocery was found to increase consumer basket sizes to $59 in grocery, drugstore and retail spend per trip versus the $32 national average.

Retail 126
article thumbnail

12 Ways Consumers Will Pay (And Be Paid) In 2020

PYMNTS

In five short years, by 2025 , there will be more than 25 billion devices capable of interacting with the internet — up from 9 billion today. The How We Will Pay study found that bridge millennials — a highly educated consumer segment that tends to earn relatively high incomes — own an average of six connected devices.

Cards 160
article thumbnail

11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

Instead, new millennial-inspired and tech-infused dining trends have been emerging across the US and internationally. Many of yesterday’s casual dining brands are dying, but not because millennials “don’t eat out.” Rest stops became iconic American landmarks that dotted the nation’s major highway routes.