PYMNTS

OCTOBER 5, 2018

Sales have slipped consistently, and only showed slight signs of improvement last quarter, mostly driven by J.Crew’s sub-brand, Madewell. Meanwhile, the brand carries a heavy debt load, and has been a consistent feature on lists of once powerful brands now facing the possible risk of bankruptcy. You can’t be one price.

Millennials 122

Millennials Retail Mobile Branding 122

PYMNTS

NOVEMBER 26, 2019

Paris-based startup Leavy.co , which offers a travel app to help millennials finance their travel plans, has raised $14 million. Founded in 2017 by CEO Aziza Chaouachi, the app has been described as a “travel community and marketplace” that wants to help millennials travel for less. ” The Leavy.co by the end of this year. “We

Millennials 142

Millennials Community Branding Security 142

PYMNTS

DECEMBER 15, 2020

Debatably the most impactful payments innovation of recent years — and that’s saying something — BNPL is having a massive impact on retail, as evidenced by the proliferation of brands and the steady flow of venture capital to players that are defining the space. Bridge Millennials Crossing Over To BNPL. percent of bridge millennials.”

Millennials 256

Millennials Report United States Study 256

PYMNTS

OCTOBER 7, 2018

Target is getting into the toiletry market, gearing up to roll out a brand of consumer products dubbed Smartly. According to a report in the Wall Street Journal, Target will launch more than seventy products that will include toilet paper, dish soap, and razors. The majority of the products will have Target prices of less than $2.

Branding 139

Branding Millennials Online Report 139

PYMNTS

OCTOBER 15, 2020

Even online merchants who offer customers extended warranties at the time of sale traditionally see about a 4 percent or 5 percent conversion rate. Extend also announced on Thursday new partnerships with Peloton, iRobot, Harman/JBL, Advance Auto Parts and other brands to offer their customers extended warranties.

Online 334

Online Exercises Retail Capital 334

PYMNTS

DECEMBER 24, 2019

However, after almost 50 years, it began to fade in the 1980s, disrupted by the emergence of store-branded credit cards. Sneakers, of course, are always popular,” and that popularity looks likely to hold well after the 2019 holiday shopping season — thanks to the preferences of younger shoppers, including millennials and Generation Z.

Millennials 139

Millennials Branding Trends Retail 139

PYMNTS

NOVEMBER 19, 2019

In what is reportedly its first acquisition of an Asian beauty brand, Estee Lauder Cos. Dr. Jart+ was founded in Seoul in 2005 and sells masks, moisturizers, serums and cleansers under names such as Ceramidin and Cicapair, Deal Street Asia reported. Have & Be also owns Do The Right Thing, a men’s grooming brand. Coty Inc. ,

Branding 101

Branding social media Millennials Report 101

Perficient

JANUARY 12, 2021

With the expanded success of ecommerce in the last twelve months, brands have more opportunities than ever to engage in digital channels with their consumers and stand out from the competition. It seems that businesses and customers truly are at a new inflection point with this technology and opportunities are available for brands.

Customer Experience 538

Customer Experience Branding Video Online 538

PYMNTS

SEPTEMBER 12, 2019

Online bank Aspiration, which has a socially conscious mission, recently announced it would give customers 3 to 5 percent back on purchases from socially conscious brands, according to a report by Bloomberg. It also allows customers to track purchases made with sustainable brands.

Online 135

Online Branding Millennials California 135

PYMNTS

MAY 14, 2020

Every online wine company that reports sales has noted big spikes during the pandemic. The latest to report, Wine.com – which bills itself as the nation’s leading online wine retailer – earned $165 million in revenue and saw 25 percent growth for fiscal 2020, ending March 31. out of 10 on “likelihood to recommend.”. “The

Online 164

Online Retail Millennials Analytics 164

PYMNTS

NOVEMBER 5, 2020

Noting the ways COVID has permanently changed retailing, CNBC recently reported , “As more and more stores go dark at the mall, some major retail executives are looking to grow outside of it — a tactic they hadn’t touted so publicly before. And as compelling as the current eCommerce expansion is, counting out stores is a big miscalculation.

Retail 252

Retail Millennials Online Report 252

PYMNTS

SEPTEMBER 30, 2020

These retailers are accustomed to engaging with their customers in brick-and-mortar stores and building long-lasting relationships that lead to brand loyalty. Many consumers are shying away from physical stores, however, leaving these high-end merchants scrambling to develop strong online presences. Around The Buy Now, Pay Later World.

Payments 279

Payments Millennials Retail Trends 279

Perficient

FEBRUARY 9, 2021

This idea underscores the natural forces at work as brands battle to keep pace with customer expectations and stay relevant. In 2018 Gartner reported, “across all industries at least 84% of consumers say their experiences with using digital tools and services fall short of expectations”.

Meeting 309

Meeting Customer Experience Millennials Branding 309

PYMNTS

FEBRUARY 11, 2019

The youngest of the bridge millennials – those 30- to 40-year-olds who today represent the first generation of connected consumers with spending power – will be having their mid-life crises at the age of 50. Amazon, of course, owns Whole Foods and operates its own branded book stores and convenience stores. The year is 2039.

Online 197

Online Retail Mobile Branding 197

PYMNTS

MARCH 30, 2016

But just when the last iPods started giving way to entirely online streaming services, millennial audiophiles suddenly fell back in love with vinyl records — a music format they never even knew growing up. How curious, it seems, that a similar thing is happening between millennial shoppers and mobile and physical coupons.

Millennials 100

Millennials Mobile Study Retail 100

PYMNTS

SEPTEMBER 9, 2020

Inspiring Trust In The New Digital Economy Report , a new report from PYMNTS, studies suddenly dominant eCommerce, and how merchants can reinvent themselves accordingly. Researchers also found that millennials are the second-biggest generational move, with 30 percent of all shifters being millennials.

Millennials 144

Millennials Branding Groups Online 144

PYMNTS

SEPTEMBER 30, 2019

Online Resale. Online resale has become all the rage — even for retailers like Neiman Marcus — from a little bit of everything on OfferUp to fashion-focused Poshmark and high-end The RealReal and 1stdibs. Sales of counterfeit goods through online marketplaces are expected to hit $1.8 billion per year to fake online sales.

Online 101

Online Fraud Branding social media 101

PYMNTS

DECEMBER 12, 2019

To open 14 locations through next year, brand incubator and shopping website Verishop made a deal with U.S. The companies said it would include a combination of permanent locations and pop-up shops, CNBC reported. Verishop is targeting mainly younger, affluent and millennial shoppers. mall owner Unibail-Rodamco-Westfield.

Los Angeles 131

Los Angeles San Francisco social media Millennials 131

PYMNTS

MARCH 1, 2019

They also create repeat visits to the DSW brand, where an exciting footwear assortment awaits.”. L Brands plans to close approximately 53 Victoria’s Secret locations this year as it curtails investments in new and renovated stores. And NPD Group data found that millennials spent one-third of bra dollars last year on sports bras.

Branding 129

Branding Retail Columbus Las Vegas 129

PYMNTS

FEBRUARY 1, 2019

Founded a little over a year ago, Hims seeks to tap the millennial male market by offering up skincare solutions, hair-loss products and erectile dysfunction medication (specifically, a generic form of Viagra) online. According to reports, they’ve been courting many of the same investors.

Millennials 123

Millennials San Francisco Branding California 123

PYMNTS

DECEMBER 9, 2020

In comparison, nearly a third of millennials and bridge millennials (those born between 1979 and 1988) express the same level of interest in getting vaccinated.”. “Interest is particularly high among older generations, with 46.5 percent of baby boomers and seniors very or extremely likely to get vaccinated,” PYMNTS found. “In

Branding 148

Branding Data Study Millennials 148

PYMNTS

OCTOBER 7, 2020

The reCommerce luxury marketplace The RealReal announced a unique partnership this week, linking up with Gucci through the end of the year to launch an online shop featuring used Gucci items and promote a sustainable, circular economy for luxury fashion. It is the most in-demand men’s brand on The RealReal for the third year in a row.

Branding 203

Branding Millennials California Data 203

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

AUGUST 28, 2019

Forget millennials – well, at least for a moment. To reach consumers on the hunt for offerings that are “clean and natural,” the retail chain rolled out its Everspring household brand. The items are sold in small quantities to catch the interest of Generation Z and millennial consumers who aren’t interested in buying in bulk.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

NOVEMBER 19, 2020

The expansion will now cover retail brands including H&M , O.N.S. Klarna’s 2020 Holiday Retail Report found that most U.S. Forty-six percent prefer shopping online. Klarna’s in-store solution was launched in January with brands MCM , Journeys , rue21 and Sephora , the release noted. billion value in 2019.

US 186

US Millennials Branding Retail 186

PYMNTS

JULY 23, 2020

Approximately 15,000 brands already offer or plan to offer BNPL provider Afterpay ’s solution, for example. It found that millennials and Generation Z consumers are seeking installment payment options and that the latter are especially wary of debt. How BNPL Is Helping BlackCool Boost Brand Awareness And Expand Reach .

Payments 181

Payments Report Retail Millennials 181

PYMNTS

OCTOBER 6, 2020

“Our new in-store solution is yet another way to support merchants by offering a powerful budgeting tool that allows shoppers to spend their own money over time — whether they prefer to buy in a physical store or online.”. Millennial and Gen Z shoppers are focusing on sustainable and ethical fashion and retail more than before.

Millennials 200

Millennials Retail United States National 200

PYMNTS

DECEMBER 11, 2020

Report: Digital Lender SoFi Eyes IPO Via SPAC. Online lending startup Social Finance (SoFi) is in talks to go public through a sale to blank-check acquisition company. Trackers And Reports. Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

JULY 18, 2016

This newfound cost consciousness is reshaping the retail industry in everything from spurring the rise of fast fashion at the expense of mall “anchor stores,” to the increasing popularity of off-brands or store brands in the supermarket, to the shift in the apparel business, to off-price retail outlets over full-priced department stores.

Branding 100

Branding Retail Study Portland 100

PYMNTS

NOVEMBER 11, 2020

Collaborating with Afterpay gives our customers the power of choice when shopping across our family of brands,” John Strain , chief digital and technology officer at Gap, said in a statement on Wednesday (Nov. Participating Gap brands include Old Navy, Gap, Banana Republic, and Athleta. . “By We are proud to partner with Gap Inc.

Retail 222

Retail Charlotte Branding Millennials 222

PYMNTS

MARCH 13, 2020

Brick-and-mortar is instead rapidly changing to accommodate the needs of consumers who have come to expect the same speed and convenience from purchasing through online and mobile environments. In-store experiences must be carefully calibrated to satisfy consumers who are more than familiar with online and mobile browsing.

Strategy 179

Strategy Millennials Retail Mobile 179

PYMNTS

SEPTEMBER 6, 2017

Lie before you buy: Casper, the online bed-in-a-box startup selling mattresses by mail order, will soon allow customers to try those beds before having one shipped to their home. Chain Store Age reported that Casper will be opening 15 pop-up shops across the U.S. Casper is the only mattress brand available from the Target website.

Online 100

Online Company Los Angeles New York City 100

PYMNTS

FEBRUARY 7, 2020

The no-interest, no-fee nature of these solutions intrigues consumers — especially the millennial and Generation Z demographics — searching for alternative payment methods that can grant them further flexibility and convenience while shopping. BNPL is continuing to grow worldwide, with particular growth over the past few months in the U.S.

Industry 167

Industry Millennials Retail Mobile 167

PYMNTS

MARCH 23, 2020

Standout findings from “ Navigating The COVID-19 Pandemic: How Consumers Are Reorganizing Their Lives in the Wake of the Outbreak ” include the following: Eighty-five percent of the population was at least “slightly” concerned about the COVID-19 pandemic, with bridge millennials expressing the most concern.

Study 150

Study America Millennials Mobile 150

BankBazaar

JANUARY 9, 2020

Let’s take stock of the key insights garnered from the Moneymood 2020 report presented by BankBazaar. BankBazaar , India’s leading online marketplace for financial products has launched the second edition of the BankBazaar Moneymood ® 2020 report. have fared in the last year.

Report 136

Report Metro Cards Trends 136

PYMNTS

OCTOBER 20, 2020

PYMNTS researchers found that what we call “social shifters” moved online fast but are most likely to rush back to physical stores and outside activities. The new report How We Will Pay 2020: Home As The Consumer’s Commerce Command Center report, a PYMNTS and Visa collaboration, surveyed nearly 10,000 U.S.

Maine 221

Maine Retail Branding Study 221

PYMNTS

NOVEMBER 2, 2020

consumers report having a Walmart+ membership, just a bit more than a month after its launch. That compares to 68 percent of consumers who report belonging to Amazon Prime — a program that launched in February 2005 and now counts 150 million members globally. The Prime, Plus Membership Face-off: In-store Versus Online.

Millennials 246

Millennials Retail Online Report 246