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Recreating The Hotel As A Social Hive 

PYMNTS

However as is often the case with old things made new by retail needs, the microhotel deserves a second glance. I really think the genesis of that is coming from millennials. And millennials are a very interesting group to watch. And candidly, they’re right,” Jim Abdo told The Washington Post.

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Digital Disruption

Independent Banker

“We are going to have to lean into this digitized world, so that we can continue to serve our customers well into the 21st century,” ICBA President and CEO Cam Fine told the 24th World Congress of Savings and Retail Banks in Washington, D.C., Now it has a small-business financing program, Square Capital.

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The Rise And Fall Of Toys R Us

PYMNTS

Millennials across America singing “I’m a Toys R Us kid” in as solemn a fashion as possible this week are a testament to that. So, Lazarus opened Children’s Bargain Town in his father’s bicycle repair shop in Washington, D.C. Charles Lazarus certainly accomplished a lot in those 94 years. Stores became more and more dated.

US 122
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The Dawn Of A Cashless Global Economy?

PYMNTS

There are issues of transaction security, criminal elements, tax evasion, free flow of capital, access to goods and services and the ability to fully participate in the global economy. That would be millennials, ages 18–29, with 64 percent saying they prefer to use cards even for transactions under $5.

Taxes 100
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What The Climbing Debt Defaults Really Mean For The Economy

PYMNTS

Capital One , for example, opened the year with earnings that reflected higher quarter-over-quarter and year-over-year defaults, and a jump of 5 percent in credit loss provisions. retail banks indicate an almost 20 percent increase in credit card losses across the board during 2017.

Lending 105
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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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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

Instead, new millennial-inspired and tech-infused dining trends have been emerging across the US and internationally. Many of yesterday’s casual dining brands are dying, but not because millennials “don’t eat out.” In the past decade, restaurant and bar purchases have grown at twice the rate of general retail spending.