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Deep Dive: Travel, Hospitality Get A Millennial Makeover

PYMNTS

Millennials have long been sought-after travel and hospitality customers, partly because they are perfectly placed to seek such experiences. This unique status creates both opportunities and challenges for firms in the space, as millennials search for the experiences they crave. Furthermore, millennials are set to spend $1.4

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How Millennials Are Propelling Halloween To New Retail Heights

PYMNTS

Retailers are set to clean up this Halloween, as 2017 is looking to be a record-setter for consumer spending during the holiday. That growth appears to be driven by millennials, with responses to a recent Citibank poll indicating survey participants between the ages of 18 and 36 expect to spend 2.5 billion, up 8.3 billion, up 8.3

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Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash

PYMNTS

The data on millennials’ lifetime earnings potential were already fairly grim long before the word “coronavirus” became part of everyone’s daily conversations – and before the U.S. A 2016 paper led by Stanford University Economist Raj Chetty found that millennials were in deeper economic trouble than a quick look at the U.S.

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Second Biannual ‘Afterpay Day’ To Feature More Than 6K US Brands

PYMNTS

The company will partner with top fashion and beauty brands and retailers for the event, which offers its two million U.S. Discounts will be offered across retailers such as NARS Cosmetics, Schutz, APL, Steve Madden and more. retailers, which represent more than 10 percent of the U.S. retail partners.

Branding 117
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Omnichannel No Longer An Option For Retail

PYMNTS

Consumers shopping in droves via eCommerce channels is hardly a piece of breaking news — for the better part of a decade, that has been obvious to anyone watching the retail space. They are, Fiserv Senior Vice President of Retail Solutions John Nicola told Karen Webster in a recent conversation — and in great numbers.

Retail 177
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The Power Of Experiences And Subscriptions In Retail

PYMNTS

Data: 6,300: Minimum number of attendee check-ins at all Anthropologie events in 2019. 73 percent: Share of millennials who are doing DIY home improvement. 19 percent: Growth rate of “experience-driven” brands, per one recent report. 25: Number of locations where Anthropologie ran a fashion show in March 2019.

Retail 130
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From Retail To Restaurants, Holiday Gift Card Sales Are Hot

PYMNTS

Bridge millennials and Gen Xers led the way, with a 35.7 Similar research conducted by Blackhawk Network, which works with more than 1,000 brands and card partners in more than 200,000 retail locations, reflected a 71 percent spike in home goods gift cards and a 29 percent increase from restaurants.

Cards 160