article thumbnail

Baby Boomers Vs. Millennials: Eerily Similar?

PYMNTS

While most millennials were brought up in the age of the computer, baby boomers can remember a time when they weren’t surrounded by technology. It’s a peculiar dichotomy to compare millennials to their parents’ generation, the baby boomers. percent, millennials (who are in part to blame for this) aren’t the main contributing factor.

article thumbnail

Outside The Box (And Inside The Storage Container) Solutions To Sky-High Rent

PYMNTS

Older adults tend to own, while younger adults skew much more heavily toward renting – particularly millennials, for whom homeownership is lower than other generations at the same point in their lives. 2,420 in Boston and $2,300 in Seattle for a no-frills one-bedroom, probably a walk-up. What is Nuns and Nones?

Insiders

Sign Up for our Newsletter

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

article thumbnail

What Serving The Internet’s ‘Underserved’ Means For Payments

PYMNTS

That matters because as time goes by and existing cities become prohibitively expensive — think San Francisco, New York City and Los Angeles, with Chicago, Boston and other areas not far behind — many younger, well-educated consumers are making moves to exurban or even rural areas, or smaller cities.

Payments 131
article thumbnail

Can ‘Elective’ Fees Work For Retail Banks?

PYMNTS

The last such store closed earlier this year in Boston. New York City and the Bay Area combined,” he said. The customers tend to be on the young side — that is, below the age of 35 — which speaks to the focus on sustainability among millennial and younger consumers. “We Only 6 percent are from L.A.,

Retail 116
article thumbnail

Blue Apron Turns 7 As Meal Kit Industry Grows Up

PYMNTS

Social media was largely considered more friend than foe, most consumers still used passcodes instead of fingerprints to open their mobile devices, and Tom Brady was merely a great athlete instead of the fountain-of-youth demi-god he is today (PYMNTS is based in Boston, so just go with us on that one). The timing seemed perfect.

Industry 110
article thumbnail

Big Retail Problems, Small Format Solution?

PYMNTS

Target, on the other hand, has enjoyed some success with its flexible format, urbanite- and millennial-friendly CityTarget locations that first launched in 2012 and have since expanded to Los Angeles, San Francisco, Chicago, Boston, San Diego and Philadelphia. Successful brick-and-mortar retail strategy = Greek yogurt?

Retail 100
article thumbnail

Blue Apron Marks Seventh Birthday Amid Meal Kit Industry Changes

PYMNTS

Social media was largely considered more friend than foe, most consumers still used passcodes instead of fingerprints to open their mobile devices, and Tom Brady was merely a great athlete instead of the fountain-of-youth demi-god he is today (PYMNTS is based in Boston, so just go with us on that one). The timing seemed perfect.

Industry 100