PYMNTS

SEPTEMBER 30, 2020

Dramatic shifts are underway in the retail sector as it adjusts to consumers’ increasingly digital preferences. These retailers are accustomed to engaging with their customers in brick-and-mortar stores and building long-lasting relationships that lead to brand loyalty. billion this year — almost double last year’s total.

Payments 279

Payments Millennials Retail Trends 279

PYMNTS

MARCH 30, 2020

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

Retail social media Millennials Branding 177

PYMNTS

FEBRUARY 21, 2020

Instead, Canada Goose went for experiential retail, a strategy that has become more important as consumers want to do things when they buy things. In this case, over 8,000 consumers traveled through “The Journey,” an experiential retail concept in Toronto during the December 2019 holiday shopping season. Experiential Retail Expands.

Retail 141

Retail Miami Millennials social media 141

PYMNTS

MAY 1, 2020

Like many retailers, Tradesy opened 2020 with great expectations and big plans. We haven’t announced it anywhere yet, but we are about to launch a new program and feature set that will allow retailers and brands to liquidate any overstock inventory on our platform,” DiNunzio told Webster.

Millennials 162

Millennials Branding Retail Marketing 162

PYMNTS

DECEMBER 6, 2018

When Kohl’s decided to bring Amazon into its store locations about a year ago, many commentators wondered if the brand had made a big mistake. Gass’ hope is to help push the Kohl’s base lower, as she is looking to draw millennial customers to the brand as their new go-to location for merchandise of all kinds.

Millennials 109

Millennials Branding Retail Milwaukee 109

PYMNTS

JUNE 24, 2019

Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. According to a new report , the retail chain, hoping to reduce checkout theft, is turning to cameras powered by AI, with deployments underway in some 1,000 stores.

Retail 184

Retail Innovation Examples Online 184

PYMNTS

FEBRUARY 12, 2019

Imran Khan, who spent three years at Snap as chief strategy officer, has created a new retail company, Verishop , which aims to “bring joy back to online shopping, and do it at scale with the ease of online purchasing and fast delivery we’ve all come to expect.” Finders Keepers and N:Philanthropy.

Branding 140

Branding Online Retail Leadership 140

PYMNTS

JUNE 26, 2017

It seems that most every industry these days is vying for millennial dollars and devotion. For an industry where millennials are projected to spend nearly $800 billion in 2017 (that’s 7 percent more on monthly food budgets than average Americans), restaurants are hankering to pull out all the stops to get millennials to order — in or out.

Millennials 125

Millennials Mobile User Experience Survey 125

PYMNTS

APRIL 25, 2016

“Improving engagement” has become just another platitude in retailers’ back pockets as they figure out which channel of the increasingly fragmented online world they should focus on, but Nordstrom may have struck gold with a new Snapchat-centered production. The final video was seen 6.7

Millennials 100

Millennials South Carolina social media Oregon 100

PYMNTS

APRIL 9, 2019

Retail innovation labs – incubators or tech hubs – aren’t confined to operations run by the likes of Amazon or Walmart. A new lab store from 7-Eleven underscores the innovation wave that is taking place in the convenience store sector of retail – a sector ripe for change, disruption and growth. Innovation Lab Growth.

Innovation 155

Innovation Millennials Dallas Retail 155

PYMNTS

AUGUST 26, 2019

Also, Kohl’s is teaming up with Facebook to capture the attention of millennials, and world bankers met to discuss whether a new cryptocurrency would be better than relying on the dollar as a global reserve company. Despite Meeting Swiss, US Lawmakers Remain Libra Skeptics. She said the meetings did not assuage her concerns.

US 109

US Millennials cryptocurrency Fraud 109

PYMNTS

JUNE 24, 2017

After decades of frustration, it is no surprise that millennials en masse have started wearing a comfier, less agonizing option: yoga pants — formerly known as leggings — which, due to the magic of spandex, always seem to fit.

Meeting 126

Meeting Maine Examples Millennials 126

PYMNTS

AUGUST 28, 2018

What about retail stores, restaurants and hotels? Technology is making it easier for the workforce to put in the daily eight (or 10, or 12) hours from their own homes, but another change is taking place: Using commercial space left behind by retailers, or in eateries or hotels, as communal areas of work. WeWork Efforts.

Retail 101

Retail New York City Arizona United States 101

PYMNTS

NOVEMBER 2, 2020

Today, the “membership has its privileges” mantra is at the core of the latest face-off between the two retail behemoths vying for an increasing portion of consumer spend: Walmart and Amazon. consumer seems happy to test the waters — and none more so than the coveted bridge millennials. But these results also suggest that the U.S.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

JANUARY 17, 2018

When the iconic Great Atlantic & Pacific Tea Company (A&P) was looking to brand its bulk Brazilian coffee in 1919, it asked consumers when they drank coffee. so the A&P decided to name its house brand of coffee Eight O’Clock. The name stuck — and served the retailer well. As JCPenney grew, so did its private brands.

Branding 119

Branding Millennials Retail Strategy 119

PYMNTS

OCTOBER 21, 2020

21) that it is launching a new destination for electronics products to feature Certified Refurbished products, not from its sellers but from brands like De'Longhi, Dirt Devil, Hoover, Makita, Philips and Razer, which will sell exclusively on the eBay platform. The reCommerce trend continues to gain momentum. eBay announced on Wednesday (Oct.

Branding 192

Branding Samsung Meeting Millennials 192

PYMNTS

SEPTEMBER 18, 2017

That is the founding premise behind WOOLN, a New York-based startup created by Margaux Rousseau and Faustine Badrichani, two French millennials and knitting enthusiasts who expatriated to the U.S. That is the brand’s other standout commitment: ethical materials sourcing. and decided to import a bit of their culture with them. “As

Meeting 122

Meeting Community Branding New York 122

PYMNTS

OCTOBER 1, 2018

To better reach millennials, Harley-Davidson is looking to Amazon. The motorcycle maker will offer merchandise such as riding gear and apparel through the eCommerce retailer, CNBC reported. “We The brand plans to sell only items from its economy line, J.Crew Mercantile, on Amazon.

Branding 108

Branding Millennials Retail Online 108

PYMNTS

OCTOBER 7, 2019

Miami-based NYMBUS announced the licensing of NCR’s D3 Digital Banking platform (D3) to give financial institutions the opportunity to quickly offer customers new brands, the FinTech announced in a press release on Monday (Oct. NYMBUS, a provider of cloud-based core technology for financial institutions, was founded by Scott Killoh in 2015.

Miami 109

Miami Digital Banking Branding Meeting 109

PYMNTS

MARCH 6, 2020

Price reductions from consumers’ favorite brands would solve their issues, but retailers cannot drop prices as low as some might like. This atmosphere of financial flexibility is crucial to retailers looking to compete in today’s shopping environment, no matter how customers are transacting. BNPL Budgets and Customer Comfort.

Retail 131

Retail Branding Millennials Mobile 131

PYMNTS

MAY 20, 2019

Kiosks are increasingly becoming part of the retail landscape. As reported in the latest Unattended Retail Tracker , done in partnership between PYMNTS and WorldNet Payments, unattended retail is gaining traction worldwide, on the heels of growth in consumer demand and as employers look to increase their operating profits.

San Francisco 170

San Francisco Retail Philadelphia Cards 170

PYMNTS

JANUARY 8, 2021

The Tracker also explores what tools and technologies may prove beneficial for lenders looking to meet those needs. One report found that 84 percent of consumers would express a higher opinion of retail brands if the brands offered virtual rebates , for example — as opposed to offering them these disbursements via cash.

Lending 163

Lending Examples Tools Meeting 163

PYMNTS

DECEMBER 9, 2019

Holiday spending has changed over the past decade as digital payments began to filter into the retail world. Keeping up during this high-volume season can be difficult for retailers when shoppers have unique payment expectations. Retail is all about conversion. Such connections could include buy now pay later (BNPL) solutions.

Millennials 131

Millennials Branding Retail Payments 131

PYMNTS

JANUARY 17, 2019

Earlier this week, Hong Kong-listed luxury cosmetics firm L’Occitane International SA announced its intended $900 million acquisition of British beauty and skincare brand Elemis. The deal is the latest in a spate of acquisitions of high-end skincare brands. There are also the efforts of mass market retailers. billion).

Branding 123

Branding Regional Retail New York 123

PYMNTS

MAY 24, 2019

Our customer wants something different,” explains Mullett of the company’s millennial audience. She wants something that that feels branded, that feels special – that evokes joy.”. They are also a form of branding for the company – and an effective one at that. Because the problem with fitness in the U.S.

Exercises 139

Exercises Video Millennials Branding 139

NCR

JULY 12, 2016

Millennial customers are quickly becoming key to the growth strategy of financial institutions, particularly in hyper-competitive markets where customer churn remains high. While millennials tend to judge a bank on the basis of its digital capabilities, they still also expect a human connection to advise them.

Millennials 40

Millennials Meeting Compliance Regional 40

PYMNTS

JANUARY 21, 2019

Reuters reported the high-end luxury online retailer has issued a request for proposal to potential advisors and underwriters to take The RealReal public in 2019. With eCommerce booming, a slew of eCommerce merchants are looking for retail space to serve as warehouses to meet the online demand of consumers.

Online 122

Online Millennials Retail Report 122

PYMNTS

JULY 29, 2016

Online retail has taught merchant and consumer alike a pertinent lesson for the age of digital retail: Everything might have a price, but the quest for the ultimate bargain means it can always be lower. The story starts with a somewhat out-of-the-blue move from leading discount retailer Dollar General.

Millennials 100

Millennials Retail Conference Community 100

PYMNTS

MAY 28, 2020

To provide a one-stop-shop for nursery design and inspiration, buybuy BABY rolled out Design Squad in conjunction with sister brand and digital interior design firm Decorist. We know that today’s millennial parents want their children’s rooms to reflect their unique style more than ever.”.

Millennials 130

Millennials Meeting Branding Innovation 130

PYMNTS

MAY 16, 2017

What’s helping both of these companies to reach the largest generation in today’s workforce ( millennials surpassed baby boomers with 75.4 million), is a digital-first and more open strategy to all aspects of the retail lifecycle.

social media 100

social media Millennials Community Meeting 100

Gonzobanker

NOVEMBER 16, 2023

Here are examples of how some organizations have made use of social media to achieve results: Increased brand awareness – Chime consistently posts a variety of content, and its Instagram profile, with the brand’s signature green theme and modern imagery, has amassed more than 933K followers. Yes, that’s a lot of Benjamins.

social media 97

social media Marketing Millennials Trends 97

PYMNTS

AUGUST 14, 2019

The department store retailer bolstered its omnichannel efforts while opening a distribution center for its off-priced business that taps into cloud computing technology; however, it struggled with inventory during the quarter. It also opens the doors to partnerships with local and niche brands as well as major players.

Columbus 100

Columbus DC Branding Google 100

PYMNTS

FEBRUARY 11, 2020

For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the best brand is no brand at all. Under his leadership, the plan for the brand was to pivot into higher-margin, bigger ticket products such as CBD oil and move Brandless onto store shelves.

Branding 150

Branding Operations Leadership Millennials 150

PYMNTS

MARCH 31, 2016

What happens when a cosmetics retailer meets a messaging app? A chatbot can dramatically increase sales for a brand like Sephora that has a wide variety of SKUs,” Beerud Sheth, CEO of Gupshup, told MCD. Mutual beauty, the companies hope.

Millennials 100

Millennials Retail Mobile Meeting 100

PYMNTS

MAY 28, 2019

And, to meet their day-to-day needs, more consumers are tapping into digital platforms seeking top-notch customer support and seamless service. Smartphones contributed one trillion dollars to overall retail sales in the United States during 2018. Mallzee created a digital mall where consumers can compare many different retail brands.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

MAY 2, 2018

Millennials love to share. They are proportionally comfortable using gig economy services that provide these things, with about a third of millennials working some sort of gig position themselves. Some are also willing to meet families at the airport with gear. Match.com is one of the only brands of its era that still exists.

Millennials 144

Millennials Training Miami Leadership 144

PYMNTS

APRIL 29, 2019

In the particular case of convenience store (C-store) commerce, a section of retail poised to become a vital part of the emerging connected vehicle ecosystem, that means taking a journey back several decades, during the mid-century peak of carhop culture. If you can leverage a brand, that can be a fast track.”. C-Store Trends.

Mobile 152

Mobile Maine Trends Retail 152