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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 part of its business — and the use of its proprietary technology — the firm is most known for is in how it leverages its army of more than 2,500 social media influencers who drive the firm’s marketing efforts. “We

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How Winnie Wants To Build The Portal Parents Need

PYMNTS

The crowdsourced directory of family-friendly businesses is still a huge component of what we do … and this has grown to over two million places across the United States,” noted Mauskopf in a report. But we also have these real-time answers to any parenting question from this authentic, supportive community.”.

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The Stats of Summer

PYMNTS

A few years ago, The New York Times took a shot at the quantification of fun with an article that does the rounds on social media every summer in late June despite the fact that it is now four years old. Their headline figure was $16 billion, which is the aggregate value of the summer camp industry in the United States.

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Banking on a Winner: Fostering innovation to compete in today’s financial environment

ZootBlog

There are now more than 8,000 financial technology companies in the United States with the potential to shake up traditional financial institutions. Neobanks are gaining traction with millennials and the underbanked by connecting to their customers in a way that most banks do not—through the experience. Fintech Houses.

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The Wellness Economy: The Buzzy Trend Reshaping Everything From Personal Care To Real Estate

CB Insights

Notably, millennials are more lifestyle-focused, placing a greater value on health and wellness over material goods than ever before. According to Eventbrite data, 78% of millennials would choose to spend money on a desirable experience over buying physical goods. Meet Maya, our hypothetical wellness-focused millennial consumer.

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Can Six Days Make (Or Break) The Holiday 2019 Shopping Season?

PYMNTS

What most people don’t realize is how long this has been the case in the United States. It’s why things like the Macy’s Thanksgiving Day parade come into existence during roughly the same time (1924) — it was an easy way to light up a beacon to the consumer community. According to PYMNTS data, 48 percent of millennials and 54.1

Retail 139
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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.