Remove Branding Remove Millennials Remove social media Remove United States
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For Macy’s and Men’s Wearhouse, No Millennial Tux and Tails Tailwind

PYMNTS

It’s been chronicled in these virtual pages that millennials are the driving force behind change – change in how payments are done, how banking is banked, how social media influences commerce (or doesn’t) and how shopping may become a hybrid of high touch across the digital and physical realms.

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Revolve Rides The Power Of Influencers All The Way To An IPO

PYMNTS

The brand largely focuses on (and sells to) younger shoppers — particularly millennials and Gen Z. The site in total offers 500 brands for consumers to choose from, of which only 19 are its own label (a little over 4 percent). the site added over 1,000 new styles each week in 2017, from emerging, established and owned brands.

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The Buyers: Generation Z’s Shopping Preferences

PYMNTS

Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. By the year 2020, Gen Z will make up 40 percent of the entire United States population, according to retail consulting firm HRC Retail Advisory. Get ready, retailers.

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Fishing Interconnected Waters For Brick-And-Mortar Success?

PYMNTS

From eCommerce warehouses like Amazon to social media sales, it’s no secret that constant connectivity has changed many consumers’ shopping habits. And, according to the United States Census Bureau , the clear majority of retail transaction volume — more than 90 percent — is still spent offline.

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The Buyers: Shift In Luxury Consumers

PYMNTS

This is evident with China’s JD.com snapping up luxury brand marketplace Farfetch for a cool $397 million this summer. In the more well-developed areas, like the United States and the European Union, only 53 percent of consumers are buying more luxury goods.

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From Beer To Snack Bars: Using eCommerce To Upcycle Food

PYMNTS

It is finding a lot of success, as might be expected, with people like urban millennials, Kurzrock noted, and similar groups. For promotion, the company is very active on social media and also has events. For promotion, the company is very active on social media and also has events. per the company’s website.

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The Quiet Sea Change At QVC

PYMNTS

Home shopping used to mean something quite different in the United States than it does today. And the the brand isn’t just moving its sales online, but is increasing expanding its businesses there. Each program would feature a genial host hawking directly to consumer wares, perhaps some “Diamonique” jewelry.

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