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

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. Around The Buy Now, Pay Later World. How BNPL Solutions Could Slow Cart Abandonment.

Industry 167

Industry Millennials Retail Mobile 167

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

JANUARY 16, 2020

Convenience is key in the retail sector, especially in eCommerce, where merchants with frustrating or complicated online shopping processes can easily lose customers. Avoiding such an exodus means retailers must be flexible when developing the tools consumers use to make purchases. How Millennials Are Driving BNPL Growth.

Millennials 130

Millennials Mobile Retail Branding 130

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

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

FEBRUARY 11, 2020

Consumers have long grown accustomed to online shopping, but familiarity does not necessarily result in increased purchase volumes. They may spend hours browsing retailers’ online or mobile websites, only to abandon the items placed in their carts — the digital equivalent to window shopping. BNPL Solutions and Breathing Room .

Millennials 130

Millennials Retail Mobile Online 130

PYMNTS

DECEMBER 13, 2019

It’s a world that has sprung up around the spending power and tastes of millennials and Gen Zers, and it’s getting hard to keep track of all the available options. Enter the platforms, complete with algorithms and tools to discover and price-compare any experience or item that can be booked or rented online. Where’s the Trust?

Fraud 130

Fraud Millennials Comparison Online 130

PYMNTS

JULY 15, 2020

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. Nick Molnar , co-founder and U.S. How have luxury retailers found a way to shift alongside this trend?

US 206

US Retail Millennials Trends 206

PYMNTS

FEBRUARY 24, 2017

Revlon will be stamping its name on 10 million Amazon shipping boxes, said Internet Retailer , to make an impression on eCommerce shoppers (especially the coveted millennial cosmetics market) as part of a campaign called the Love Project. As PYMNTS reported in December , the beauty industry has become ruled by millennials.

Millennials 121

Millennials social media Strategy Branding 121

PYMNTS

JUNE 19, 2020

Ranchere said challenger banks’ target market of millennial consumers have simply amassed fewer assets than their baby boomer parents have, as younger customers are less likely to have investment accounts or own homes. Financial Wellness’ Tools Bulk Up . That is an interesting change in the current market.”. Ranchere said.

Digital Banking 142

Digital Banking Payments Tools Branding 142

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

MAY 19, 2018

There have been a number of great commercial jingles in the history of commercials — tunes so catchy that they stick, almost forever, and remind us of brand names simply by nature of being so catchy. These days, though, we call them Bridge Millennials. ” The Changing Buying Habits Of Millennial Parents.

US 105

US Millennials Branding Retail 105

PYMNTS

MAY 5, 2020

And if a retailer charges too much (or charges at all) 57 percent of millennials will bail on future business. For online shopping the return policies range from Amazon (90 days) to Target (varied and depends on product). And there will be a shift to seeing returns as a responsive, customer service tool. Now add a pandemic.

Policies 185

Policies Retail Study Washington 185

PYMNTS

MARCH 4, 2020

To truly stand out from the crowd, brands must go beyond the transaction and create enhanced experiences and engagement opportunities across the entire customer journey,” the report states. “On Consumers are wary of excessive data collection and prefer that brands use information specific to the program.

Retail 131

Retail Branding Report Tools 131

PYMNTS

JUNE 10, 2019

“Part of the shift is in how the mobile and digital economy has opened up aspirational brands for customers who previously had to settle for cheaper, fast-fashion alternatives,” thredUP’s Founder and CEO, James Reinhart, told PYMNTS. According to the company, women over 65 were 3.4

Online 111

Online social media Retail New York 111

NCR

JUNE 21, 2016

According to a recent study , all four of the leading banks are among the ten least-loved brands by Gen Y, and one in three millennials revealed they’re open to switching financial institutions in the next 90 days. Millennials don’t like traditional banks and don’t see any stark differences between them. The App Generation.

Millennials 45

Millennials Data Study Digital Banking 45

PYMNTS

FEBRUARY 18, 2020

Mediterranean QSR Dill & Parsley and sandwich brand Cousins Subs recently both encouraged consumers to buy directly from them with the launch of new ordering apps that also offer promotions. based QSRs draw millennials consumers, with half of this age group reporting that they place more deliveries now than they did two years ago.

Millennials 232

Millennials Trends Strategy United States 232

PYMNTS

NOVEMBER 9, 2018

Founded by Amanda Zuckerman and her mom Karen in 2012, Dormify offers college students and post-grads tools, resources and products to create their first home away from home. Dormify will use the investment to scale talent, expand pop-up locations and enhance the online experience. Dormify announced a $3.45

New York 135

New York Leadership Millennials Branding 135

PYMNTS

APRIL 19, 2018

The storied department store is a bit more than a brand at this point. Some have noted that Macy’s is a middle-market brand pitching to a middle class that no longer exists — or doesn’t exist in enough force to support its expansive business model. A lot has been written in recent years about everything that has gone wrong at Macy’s.

Millennials 101

Millennials Branding Retail Online 101

PYMNTS

JANUARY 18, 2017

Part of the plan, according to a release , is continuing to expand from just makeup-type beauty products and further include “color cosmetics, skincare, fragrance, hair color and hair care, beauty tools, men’s grooming products, antiperspirant deodorants and other beauty care products.”

Millennials 100

Millennials Branding Regional America 100

PYMNTS

FEBRUARY 11, 2020

If there was any stigma left about used clothing it may have been erased last week as Nordstrom put its high-end brand on what it calls “re-commerce.”. Called See You Tomorrow , its “re-commerce experience” will include an online marketplace and brick-and-mortar location housed in the Nordstrom New York City flagship store on 5th Avenue.

New York City 124

New York City Marketing New York Los Angeles 124

NCR

DECEMBER 8, 2016

Given the millennial generation are often described as ‘digital natives’ who have grown up comfortable with technology such as online and mobile banking, this may seem like a reasonable assumption. The post Are interactive offerings the way to attract millennials? But is this necessarily the case?

Millennials 40

Millennials Survey Mobile Tools 40

NCR

NOVEMBER 29, 2016

The impact of online reviews is growing, according to ReviewTrackers research. More than 1 in 3 people won’t eat at a restaurant with 3-stars on online review websites like Yelp, Facebook and Google. The online review space has entered the social media era, and banks are struggling to catch up. Online reviews are social media.

Online 40

Online social media Management Compliance 40

PYMNTS

FEBRUARY 6, 2020

The brand has dubbed the recycled-luxe aesthetic “rawthentic modernity.”. It’s a wild manifestation, but one that creates tools that everyone can use.”. A separate study from Roth’s Millennial Survey showed that 53 percent of millennials are willing to pay a premium of 10 percent or more for socially responsible brands.

Millennials 152

Millennials Miami Retail Examples 152

NCR

AUGUST 2, 2016

The impact of online reviews is growing, according to ReviewTrackers research. More than 1 in 3 people won’t eat at a restaurant with 3-stars on online review websites like Yelp, Facebook and Google. The online review space has entered the social media era, and banks are struggling to catch up. Online Reviews Are Social Media.

Online 40

Online social media Management Compliance 40

PYMNTS

NOVEMBER 23, 2018

“Our goal is to help businesses and people find each other, and our goal with retailers in particular is to build one of the best, most comprehensive set of business tools on mobile including tools that help them create, share, target, sell and grow,” Cohen said. Instagram users can also now shop in videos from the brands they follow.

social media 163

social media Mobile Branding Retail 163

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. The latter launched a BNPL option from provider Afterpay in 2019, enabling installment payments online and through its mobile app. Millennials and members of Gen Z are already on board with BNPL.

Retail 131

Retail Branding Millennials Mobile 131

PYMNTS

JANUARY 17, 2020

BNPL solution provider Afterpay and its competitors are becoming more popular for numerous reasons, as many related services do not charge interest, and can be used for both online and offline purchases. BNPL services are generally designed for ease of use and transparency, two factors of great interest to millennial and Gen Z shoppers.

Mobile 130

Mobile social media Retail Study 130

PYMNTS

JULY 9, 2020

Afridi said the news reflects Truepill’s vision to “unbundle” primary care — which can be critical in an age where roughly 40 percent of millennials do not have a primary care physician. Truepill will continue to invest in its portfolio of consumer health brands, including Ahead, a startup specializing in adult ADHD treatment, and Eve, a U.K.-based

Video 187

Video Millennials Company Online 187

PYMNTS

MAY 16, 2019

With the tool, consumers can, say, find out if the sofa is big enough for them to nap on. While sofas may look the same from one online retailer to another, it’s what under the hood that matters, he said. And, with a DTC brand, the company can capitalize on the savings.

Branding 134

Branding Cards Millennials Retail 134

PYMNTS

DECEMBER 31, 2020

As much as a click from the Kardashians helped spread the brand awareness and jump-start his company, Molnar said, as a spending trend among young consumers set the stage for BNPL's success. When you push a rope, you go nowhere,” he said of the struggle the FinTech space has faced to drive adoption of these tools.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

JANUARY 21, 2020

That company recently made its own play to have more of a digital and mobile role in the restaurant world, buying Preoday , a firm that focuses online ordering technology, increasingly important — even table stakes — to every operation from global fast-food chains to local fish-and-chip lunch counters. That’s a huge challenge,” Rodgers said.

Mobile 148

Mobile Trends United States Online 148

PYMNTS

AUGUST 3, 2017

Today, few travelers would go to an agent to book a flight – they’d just do it themselves online. Digital ordering is a tool, and like any tool, if you take the bargain route, it may not serve you very well. The learning curve was steep, but today, online ordering is just a part of life. Plus, it saves on labor costs.

Online 104

Online Branding Texas Google 104

PYMNTS

OCTOBER 15, 2018

Both solutions provide increased fraud protection to online transactions made via debit or credit cards. Other studies indicate that mobile and connected banking offerings are most popular among millennials and other young consumers, meaning mobile banking apps’ popularity is likely to continue — and increase — in the coming years.

Fraud 165

Fraud Security Mobile User Experience 165

PYMNTS

MAY 19, 2017

But while more people opt for mobile and online channels than ever, traditional brick-and-mortar retail hasn’t vanished. New brands are still being built through brick-and-mortar sales. There’s always going to be a core of consumers who buy online, a core that buy over the phone and a core that buy in-store,” Kapoor said.

social media 100

social media Branding Retail Online 100

PYMNTS

AUGUST 6, 2018

LevelUp is front and center on the Chase site as its partner for online ordering using Chase Pay and Chase Commerce Solutions (aka Chase Paymentech). That model — aggregating menus from local restaurants in one place and enabling easy online ordering from that online platform — remained Grubhub’s mainstay over the next decade.

Online 125

Online Branding Mobile Millennials 125