PYMNTS

FEBRUARY 27, 2020

In this case, it’s the gap between interest and intent, the chasm that lies between consumer awareness of unattended retail and actually taking the plunge in buying at the kiosk and vending machine. At a high level, according to PYMNTS data , unattended retail is reaching only one-tenth of its potential. Hurdles For Larger Merchants.

Retail 131

Retail Comparison Technology Branding 131

PYMNTS

MAY 6, 2017

It’s been chronicled in these virtual pages that millennials are the driving force behind change – change in how payments are done, how banking is banked, how social media influences commerce (or doesn’t) and how shopping may become a hybrid of high touch across the digital and physical realms. Now that seems to be true even in fashion.

Millennials 101

Millennials Branding social media Operations 101

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

DECEMBER 13, 2019

What this demographic wants out of peer-to-peer (P2P) marketplaces is changing, however, as more millennials become fully active members of the working world. Millennials are still spending money on trips and vacations, but how and where they do so is shifting. Millennials And Their Changing Travel And Payment Opinions.

Millennials 141

Millennials Payments Groups Mobile 141

PYMNTS

NOVEMBER 6, 2020

Millennials Drive More to Faster Payments . Millennials and Gen Z are among the groups that are most likely to have received instant payments. Walmart Reboots Retail With Its Rethink on Robotics . Booking Holdings CEO Says Travel Recovery Will Take Years, Not Quarters. Fun, Cool and Otherwise Interesting.

Online 148

Online Payments Millennials Apple 148

PYMNTS

APRIL 13, 2020

This ease explains why retailers and other businesses have been growing more interested in this area. There has been similar growth in mobile disbursement interest in the business-to-business (B2B) space as well, especially as more millennial and Gen Z workers join firms’ staff. consumers now use mobile payment apps.

Mobile 232

Mobile Innovation Millennials Payments 232

PYMNTS

MAY 11, 2018

That’s one of the driving ideas behind a new service that Marriott International recently launched for Chinese travelers going overseas — a service that also helps to demonstrate how the country’s growing tourist class is changing payments and retail. Last year, the U.S.-based The Fliggy Payment Feature. But mobile is only the beginning.

Retail 129

Retail Payments social media Mobile 129

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. It also said 44 million U.S.

Retail 117

Retail Online Trends Course 117

PYMNTS

MAY 7, 2018

To offer its members highly discounted hotel rooms, Hooch Black contains a private travel booking engine that allows members to access to unpublished rates at more than 100 hotels. Dai is currently keeping the experience small — and looking for aspiring millennials who may just be starting their careers.

Millennials 102

Millennials New York City New York Survey 102

PYMNTS

DECEMBER 8, 2016

Between the Instagram selfies, Twitter hashtags and Facebook posts, millennials seem to overshare. Their life is an open book on social media, and even the tiniest of details are never too much to provide. Millennials expect technology to intelligently know who they are, with any investigative work done on the back end.

Millennials 100

Millennials Data social media Technology 100

PYMNTS

JUNE 18, 2016

Children buy their fathers things like books and auto parts that don’t tend to show up so often on Mother’s Day, but it doesn’t quite cover the gap. In fact, recent data from Mintel indicates that millennial dads could be the future of retail. And those are very high spend categories; collectively they accounted for $6.6

Millennials 100

Millennials social media Data Report 100

PYMNTS

FEBRUARY 23, 2016

While a National Retail Federation survey found that 65.5 percent) said that they had already made up their minds to send the funds to savings accounts rather than a retailer’s till. As opposed to the 41 percent of millennials who saved their refunds in 2015, 54 percent say they plan to do so when their checks come this year.

Taxes 100

Taxes Retail Millennials Survey 100

PYMNTS

FEBRUARY 11, 2019

The Booking Experience. Cavins described the company’s booking experience as similar to the home sharing platform Airbnb : To find vehicles on the platform, users can type in their location and select their reservation dates. The company encourages owners to activate instant booking for their listings. “It

San Francisco 219

San Francisco Millennials Miami America 219

PYMNTS

DECEMBER 13, 2019

It’s a world that has sprung up around the spending power and tastes of millennials and Gen Zers, and it’s getting hard to keep track of all the available options. Enter the platforms, complete with algorithms and tools to discover and price-compare any experience or item that can be booked or rented online.

Fraud 130

Fraud Millennials Comparison Online 130

PYMNTS

MAY 25, 2018

Portland, Seattle, Lexington, KY, New Orleans, Brooklyn — the list goes on, but it is safe to assume that if the city has a reputation for attracting millennials, it probably has a Marine Layer store somewhere nearby. The space has been booked for 300 days a year since they rolled in out a few years ago. Funny and lucrative.

Portland 100

Portland Retail Chicago Branding 100

PYMNTS

MAY 13, 2016

With traditional brick-and-mortar retail facing big problems , some chains are addressing them with small solutions. Is this a viable answer to the beating that Sears’ bottom line (and that of many other one-time stalwarts of brick-and-mortar retail) have been taking in recent years? Specifically, with small(er) stores.

Retail 100

Retail San Diego Los Angeles Colorado 100

PYMNTS

JUNE 11, 2018

But at roughly the same time that Markle was modeling their wares at a royal gathering, Club Monaco was doing something designed to perhaps push an even greater “pop” for their retail presence than the enthusiasm of a princess (or, technically, duchess). Pop-up stores.

Retail 101

Retail Los Angeles Branding New York 101

Jeff For Banks

JULY 5, 2022

Then came this bubble generation they named millennials. Ever call your millennial child only to get a text back asking "what?" There is a fintech firm, SoFi, that was born in 2011, that focuses on millennials financial needs. Because that is what millennials needed at the time. We can ignore millennials no more.'

Millennials 78

Millennials Community Pennsylvania Community Bank 78

PYMNTS

MAY 27, 2016

Omnicommerce usually refers to where and how retailers sell their products, not necessarily who they choose to sell them with. From office supplies and communal workspaces to new ways to pay for concert tickets, more barriers to siloed retail activity are falling every day to the onslaught of retail partnerships.

Retail 100

Retail Las Vegas Millennials Conference 100

PYMNTS

MAY 11, 2020

As Recurly Senior Vice President Emma Clark told PYMNTS in a recent conversation, that means the landscape for subscription retail players has radically shifted in recent weeks. There is a whole host of tactics that subscription retailers should make to adjust to the immediate reality of a COVID-19 world.

Millennials 228

Millennials Retail Groups Survey 228

PYMNTS

NOVEMBER 24, 2017

Earlier in the millennium, there was a book titled, Who Says Elephants Can’t Dance? — a chronicle of IBM’s transformation from troubled business to tech behemoth. In the retail world, one pachyderm has been learning to dance in all manner of ways, displaying the chops to tango, watusi and foxtrot as situations demand.

Retail 128

Retail Mobile Strategy Digital Strategies 128

PYMNTS

SEPTEMBER 4, 2019

Millennials, the conventional wisdom goes, are far more into experiences than they are into buying things. But, he noted, in the case of millennials some of that fear is not just the same old alarm. This long-term worry is far more significant and can be summarized in one sentence: Millennials don’t want to buy stuff,” Becker said.

Las Vegas 101

Las Vegas Millennials Meeting Maine 101

PYMNTS

AUGUST 22, 2018

The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers.

Online 101

Online Retail Branding Data 101

PYMNTS

MAY 19, 2018

Though, as countless have pointed out over the last five years or so, millennials did make a valiant effort holding off that process by having their mothers do their laundry for as long as possible. These days, though, we call them Bridge Millennials. ” The Changing Buying Habits Of Millennial Parents.

US 105

US Millennials Branding Retail 105

PYMNTS

AUGUST 9, 2019

Make room for more contextual commerce and more retail innovation in the travel sector. That’s the view from one of Google’s latest retail-associated launches, an airfare insight and travel recommendations offering. The travel industry also is the site of recent retail-oriented innovation. Contextual Commerce. Habibi asked.

Google 144

Google New York social media Retail 144

PYMNTS

SEPTEMBER 12, 2018

But while platforms such as Shopify and Squarespace may be better suited to items like T-shirts and candles, Simpson said, they are not ideal for finding and booking experiences and events. Fixers sees millennials as their target market, as they tend to prefer experiences over things. Millennials make up about a third of the U.S.

Millennials 108

Millennials Customer Experience Online Course 108

PYMNTS

OCTOBER 31, 2018

And then there were the little Walt Disney Read-Along Books and Records, first released in 1965. Each book ran a tight 24 pages and came with a 7-inch record that read the story to its young owner. But though the Disney Read-Along Books and Records burned bright in consumer affections, they burned short.

Google 116

Google Millennials Examples Marketing 116

PYMNTS

MARCH 14, 2017

Currently, Amazon hopes to take advantage of recently loosened restrictions on foreign retailers in India by expanding its online grocery venture into the nation of some 1.3 Over the past few years, Amazon has invested billions of dollars in establishing a presence in India’s fast-growing online retail market. in 2017, said GeekWire.

Millennials 100

Millennials New York City Retail Online 100

PYMNTS

JUNE 5, 2018

However, for SSENSE (pronounced essence), at its first retail location, the Canadian eCommerce brand turned physical retailer has opted for a slightly different flavor. The goal, according to its founder, is to find showcase designers who have different perspectives and who “aren’t playing by the book.”

Branding 116

Branding Millennials Retail Online 116

PYMNTS

JULY 18, 2018

Luminaries such as professional athletes want to offer once-in-a-lifetime opportunities to consumers, but they have to get the word out and accept bookings before they provide them with unforgettable experiences. Experiences that have a fixed date and time, such as a concert, can be booked like a room on a home-sharing site.

San Francisco 100

San Francisco Examples Millennials Maine 100

PYMNTS

APRIL 13, 2019

Better algorithms , visual search tools and concierge services are just a handful of the ways retailers young and old are attempting to ensure customers get the “right” products. If Mercury is in retrograde, should we let that affect our retail choices? But are they really the right products? Not All Horoscopes Are Good Horoscopes.

Millennials 136

Millennials Retail New York City Branding 136

PYMNTS

SEPTEMBER 30, 2019

From home-sharing platforms to experiential marketplaces and hotel reservation sites, digital innovators are making it easier for consumers to book luxury travel and pay for their trips. Activities marketplace Fixers , for instance, sees millennials as their target market, as they tend to prefer experiences over things.

Payments 125

Payments Los Angeles Innovation Millennials 125

PYMNTS

AUGUST 15, 2019

In addition to helping customers save money, the app also aims to take on online booking sites such as Expedia and Orbitz , which Lalvani blames for slashing hoteliers’ profitability and triggering industry consolidation. “No .” He did not reveal the amount of funding received. Benny is slated to launch in October.

social media 100

social media Chicago Millennials Online 100

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

SEPTEMBER 18, 2017

Sure, Nielsen reports that physical media sales are down (again), but one music marketplace is doing so well it was just able to launch four new marketplaces: one each for film, comics, books and posters. Business owners in other retail categories can learn from this. Current Climate. It’s not enough to pinpoint the major trends.

Millennials 109

Millennials Retail Google Apple 109

PYMNTS

AUGUST 12, 2019

A study by eMarketer shows that most people, especially millennials , prefer to chat or message instead of calling on the phone. It will handle bookings, give immediate answers to customers’ questions and remind customers when they need to re-book. More Losses. million for the same period last year.

Cards 100

Cards United States Online Chicago 100

PYMNTS

JULY 4, 2019

The intersection of those two trends provides a business opportunity, as discussed in a recent PYMNTS interview with Gideon Silverman, CEO at Awayco , a company that enables the rental of such gear as surfboards, snowboards and bikes at retail and affiliate locations around the world.

Trends 144

Trends Industry Mobile Millennials 144