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Retail Feels The Wide Impact Of Bridge Millennials

PYMNTS

Among the forces working to influence and change retail — and do so into the 2019 holiday shopping season, as well as the 2020s — is the rise of bridge millennials. Having had the time to establish their careers, they enjoy higher spending power than younger millennials, who are just now dipping their toes into the professional world.

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Can Millennials Revive Call Center Commerce?

PYMNTS

Millennials have long borne the blame for a variety of problems in commerce, including the decline in popularity of diamonds and certain fast casual restaurants. Millennials could be helping to bring new life to call center commerce. That’s reportedly the case when it comes to luxury retail brand Gucci. Larger Changes.

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Retailers Show The Path Forward On AI Innovation

PYMNTS

Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. According to a new report , the retail chain, hoping to reduce checkout theft, is turning to cameras powered by AI, with deployments underway in some 1,000 stores.

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Physical Retail Isn’t Dead – The Physical Store Model Is

PYMNTS

It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

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Funding wrap: AI-driven Asian fintech closes $400M series D

BankInovation

investors threw their support behind an intelligent document processing technology firm and an altruistic startup aiming to help millennials and others progress toward homeownership. It was a diverse week for investment in fintech automations, headlined by the largest-ever funding round targeting AI-driven tech from Asia.

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33 Percent Of Grocery Customers Would Use Digital Coupons If Retailers Offered Them

PYMNTS

As the online grocery business grows, retailers that sell the products that stock refrigerators and pantries across the country are seeking to expand their marketing efforts across multiple channels — online and in-store. Retailers can take advantage of other social media platforms too, such as Snapchat.

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Sharing Platforms Fight Fraud, Make Friends

PYMNTS

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. The inclination of younger cohorts to plan like mad and (over)spend on getaways is well-documented. Parallel developments are happening in retail, of course.

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