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Deep Dive: Travel, Hospitality Get A Millennial Makeover

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Millennials have long been sought-after travel and hospitality customers, partly because they are perfectly placed to seek such experiences. This unique status creates both opportunities and challenges for firms in the space, as millennials search for the experiences they crave. Furthermore, millennials are set to spend $1.4

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Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash

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The data on millennials’ lifetime earnings potential were already fairly grim long before the word “coronavirus” became part of everyone’s daily conversations – and before the U.S. A 2016 paper led by Stanford University Economist Raj Chetty found that millennials were in deeper economic trouble than a quick look at the U.S.

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CORT On Using Mobile, Visual Purchasing To Solve B2B Event Payments Friction

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Corporate event planners are hired to quickly find and furnish venues, and require digital tools to help them get the furniture and decor items they need, while staying on budget and on schedule. B2B sellers know they must offer eCommerce sales channels if they want to appeal to today’s corporate buyers — many of whom are millennials.

Mobile 197
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Retailers Give Fresh Focus to Single Consumers

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Forget millennials, that consumer segment that is blamed for the downfall of most everything while also being the target of many innovative efforts. Single consumers are a force of nature as well when it comes to retail. At least that’s the case when talking about toilet paper – specifically, the Charmin Forever Roll.

Retail 133
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The Power Of Experiences And Subscriptions In Retail

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Anthropologie , for its part, is renowned for its creativity and innovation in experiential marketing, while Macy’s is focusing on experiential stores as part of its comeback plan for the year. Data: 6,300: Minimum number of attendee check-ins at all Anthropologie events in 2019. All this, Today in Data.

Retail 130
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Omnichannel No Longer An Option For Retail

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Consumers shopping in droves via eCommerce channels is hardly a piece of breaking news — for the better part of a decade, that has been obvious to anyone watching the retail space. They are, Fiserv Senior Vice President of Retail Solutions John Nicola told Karen Webster in a recent conversation — and in great numbers.

Retail 177
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Enticing Millennials With Experiences Using ?Neighborhood Goods?

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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. Before customers reach that space, they’ll walk through an open social area that can host functions, live music events – or even be the location for a live podcast.