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Enticing Millennials With Experiences Using ?Neighborhood Goods?

PYMNTS

The old model of opening a retail store with merchandise as a main focus of the space may not appeal to today’s consumers – millennials in particular. These stores are relying on restaurants, bars, guest speakers and self-service technology to draw in customers in lieu of sales signs and deep discounts.

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US Falls Short In Restaurant Technologies

PYMNTS

Technology is the new norm for restaurant customers worldwide — especially if those customers happen to live in Asia or the Middle East. This doesn’t mean that North American customers aren’t pining for mobile ordering options — especially the millennial market. In another restaurant technology survey of U.S. While the U.S.

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12 Industries That Will Thrive Thanks To Millennials

CB Insights

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.

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American Apparel And Postmates Pair Up

PYMNTS

While the eCommerce giant has managed to narrow this window to one or two days, an unlikely brand is saying that it should take no longer than an hour. If that doesn’t impress millennial clothes shoppers, maybe plain white socks and t-shirts will.

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Looking Toward Unattended Retail’s ‘Bright Future’ At The Kiosk

PYMNTS

Millennials prefer to use cards for smaller transactions, namely those under $5. Payment at a kiosk is often the preferred option for consumers these days, as kiosks are benefiting from vastly improved designs and are leveraging artificial intelligence (AI) technology to meet consumers’ needs.

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Sephora’s High-Tech, Social Justice Case For Cosmetics

PYMNTS

In retail, and especially for personal beauty brands trying to navigate brick-and-mortar and online subscription spaces, this is doubly true. Technology can engage consumers’ minds, but if a retailer wants to connect with their hearts, a company that primarily sells surface cosmetics has to dive a little bit deeper into the issues.

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Alphabet Tracker: Don’t Touch That Dial!

PYMNTS

The verdict’s also out on whether Alphabet’s invigoration of its brand safety controls will have any lasting or significant impact. Los Angeles, San Francisco, New York City, Chicago and Philadelphia. For now, GOOG numbers indicate investors might just be hanging back, waiting to see how things play out.