Remove Branding Remove Capital Remove Community Remove Millennials
article thumbnail

L’Oréal, Instagram Lead Late-Year Social Commerce Push

PYMNTS

It’s also a play to capture TikTok’s Gen Z and millennial audience. This multifunctional platform includes curation tools, allowing social sellers to build inspirational, personal web pages connected to the brand’s website, and a marketing platform where sellers can create optimized, brand-safe social posts that lead to transactions.

article thumbnail

Melding Digital With Physical Rescues In-Store Retailing

PYMNTS

Webster pointed to Main Street SMBs as “a segment of physical retail that may even have the best of all digital/physical retail options,” and noting that “Direct-to-consumer brands may find them to be an attractive outlet to capitalize on the hyperlocal shopping experiences with which consumers in those communities feel most comfortable.

Retail 252
Insiders

Sign Up for our Newsletter

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

article thumbnail

DoorDash, Airbnb IPOs; BNPL Trends; Pet Fraud Top This Week's News

PYMNTS

Capital One Halts BNPL Transactions On Its Credit Cards. Capital One Financial Corp is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “ risky ,” for both consumers and banks. Synctera Brings 'FinTech As A Service' To Community Banks.

Trends 175
article thumbnail

Macy’s Spotlights Women-Owned Businesses With SoGifted

PYMNTS

Macy’s is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses, Macy’s said in a press release on Thursday (Dec. The SoGifted shops feature products and gifts from women-founded enterprises in the SoGal community. Lauderdale.

Las Vegas 136
article thumbnail

How The DTC Model Is Gaining An Edge In Commerce

PYMNTS

They are not only Representing a $50 billion annual global industry, the product appeals to millennial consumers who are moving toward their peak earning years, according to Otherland Founder Abigail Stone. “I That new capital is earmarked to boost Pepper’s mission to assist DTC startups and digitally native businesses.

article thumbnail

Why Digital Marketplaces Must Anticipate Shoppers’ Needs

PYMNTS

The company previously raised $111 million in venture funding from Accel, Bessemer Venture Partners, Square Peg Capital, Qumra Capital and others. Mallzee created a digital mall where consumers can compare many different retail brands. Mallzee has just over a million downloads of its mobile app, according to reports.

Apple 159
article thumbnail

In Banking Innovation, Eyeing The Needs Of The ‘Digital Native’

PYMNTS

As millennials rise through the ranks and within the ranks, we see the rise of what he termed “digital natives.”. The largest marquee names have survived based on scale, and the smallest players, the community papers, have focused on specialized content geared toward sports and local-interest stories. The middle-tier papers?