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Why Millennials And Gen Z Could Save 2020's Holiday Shopping Season

PYMNTS

“We see millennial and Gen Z customers absolutely shopping, and the brands that deeply understand them are growing at faster rates than they have ever grown before,” Molnar said. The exclusive product-drop ecosystem is on fire, the online market and just the frequency with which customers are transacting is definitely elevating.

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Afterpay US CEO On The Changing Face Of Luxury In A Post-Pandemic World

PYMNTS

CEO of Afterpay , recently told Karen Webster that consumers — particularly millennials and Generation Z — were already showing distinct preferences for digital commerce and paying with debit cards rather than credit cards. I think [that] is definitely a positive, both for the retailer and consumer.”. Nick Molnar , co-founder and U.S.

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Millennials in Motion

NCR

Turns out that was just a preview: Another Facebook executive, EMEA operations chief Nicola Mendelsohn, recently predicted that within five years Facebook “will be definitely mobile, [and] it will be probably all video.”. And it has to do with the dreaded ‘m’ word: Millennials. It’s always been that way. This is the new normal.

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Birchbox Grows Walgreens Partnership With Pop-Ups

PYMNTS

Birchbox Chief Operating Officer Pooja Agarwal said per the report that the firm didn’t have any news on whether they will remain in the holiday locations, although they “definitely see potential.” . The 500 pop-ups Birchbox that will open are temporary for now. The company is also using the pop-ups to promote self-gifting.

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The Big Banks’ Coming Venmo Killer

PYMNTS

Can the biggest banks in the United States catch up to the millennial-beloved Venmo with their own P2P payments app? If it sounds a bit familiar, it is probably that the service has been operating for several years under the name clearXchange. So, will people excel at Zelle?

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Omnichannel No Longer An Option For Retail

PYMNTS

Particularly among younger consumers, the millennial and Gen Z “digital natives,” who, by the numbers, show a much greater affection for the physical store than their boomer parents and Gen X older siblings do. What Every Brand Needs For An Omnichannel Experience. So why aren’t digital natives shopping digitally?

Retail 177
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March Madness: Payments And Commerce Style

PYMNTS

When Toys R Us first announced its bankruptcy a little under six months ago, it was with an almost upbeat tone: The move would allow the firm to refashion both its capital and operating structures and hit a reset on the business. Boomers vs. Millennials vs. Scammers . An F by any definition. It even managed to garner a $3.1

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