PYMNTS

AUGUST 13, 2019

While mobile technology has become an integral part of the in-store experience for many shoppers, they rarely use such tools to make in-store payments. Offering an app doesn’t a guarantee retailers popularity or loyalty, though. Much has been made about app fatigue, yet retailers keep launching them. percent) of millennials, 81.6

Retail 181

Retail Millennials Mobile Payments 181

PYMNTS

DECEMBER 6, 2019

Consumers — especially millennials and Generation Z — are looking for new commerce experiences during the 2019 holiday season. Retailers must accommodate financial flexibility, which is leading many to explore alternative solutions — such as Buy Now, Pay Later (BNPL) solutions. Around The Buy Now, Pay Later Worl d.

Millennials 219

Millennials Payments Retail Apple 219

PYMNTS

MARCH 16, 2017

During the childhood of many millennials, the online world was in its infancy stages. With a decent amount of this age group remembering a time without internet access, it’s likely this may have contributed to their cautious nature when it comes to online identity and payment security.

Millennials 108

Millennials Online Security Payments 108

PYMNTS

AUGUST 15, 2018

43 percent : That is the amount of high-income millennials who said they would be more likely to visit a gas station if its app offered them convenience, loyalty and savings. Or targeting apps at a particular group of consumers who are on the rise? Part of the reason is worry about the security of using mobile apps for gas purchases.

Millennials 107

Millennials Mobile Payments Groups 107

PYMNTS

SEPTEMBER 20, 2016

It’s still technically summer for a few more days, but we already know how shoppers — Baby Boomers and millennials — are going to shop this holiday season. Retail sales in November and December are forecast to grow by just 1.3 Retail sales in November and December are forecast to grow by just 1.3 So, what are millennials buying?

Millennials 100

Millennials Online Groups Study 100

PYMNTS

APRIL 13, 2016

As both retailers and consumers continue to mature alongside the technology they both use to stay in touch with each other, it’s only to be expected that a good deal from each side figure out ways to optimize digital communications. According to a new study, millennial shoppers already have.

Millennials 100

Millennials Study Retail Analytics 100

PYMNTS

SEPTEMBER 11, 2019

The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the pure-play kind) and making forays into bits and bytes, where once paper and face-to-face transactions reigned. Kill the check.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

AUGUST 14, 2019

Youngsters tend to get all the credit when it comes to being a force that drives retail innovation, and that’s fair enough. New PYMNTS research about mobile commerce and how mobile technology informs the in-store purchasing experience provides fresh evidence for that view. But older consumers shouldn’t be counted out, either.

Innovation 123

Innovation Retail Millennials Mobile 123

PYMNTS

AUGUST 17, 2017

It can be argued that some of the toughest buyers to keep in mind when planning out retail strategies are teenagers. With each passing decade, the buying patterns of teens undoubtedly and unequivocally see a shift alongside the advances in technology.

Retail 127

Retail social media Online Mobile 127

PYMNTS

DECEMBER 1, 2016

More than one out of four millennials carry less than $5 cash with them. And according to another study, nearly 20 percent of millennials have not used cash in two months. With a fifth of millennials already rarely using cash, it is clear that this is happening relatively rapidly,” said Kalle Marsal, CMO of Mitek.

Millennials 100

Millennials Trends Study Groups 100

PYMNTS

MARCH 13, 2020

Recent data shows that while millennial and Generation Z consumer groups certainly consider themselves to be digital shoppers — nearly 86 percent of millennials consider that to be the case, according to one recent report — large percentages of them still head to physical stores on a regular basis to shop.

Strategy 179

Strategy Millennials Retail Mobile 179

PYMNTS

MAY 14, 2020

The latest to report, Wine.com – which bills itself as the nation’s leading online wine retailer – earned $165 million in revenue and saw 25 percent growth for fiscal 2020, ending March 31. Revenue from millennials and younger age groups topped $50 million, an increase of 77 percent. out of 10 on “likelihood to recommend.”.

Online 164

Online Retail Millennials Analytics 164

PYMNTS

AUGUST 17, 2017

It can be argued that some of the toughest buyers to keep in mind when planning out retail strategies are teenagers. With each passing decade, the buying patterns of teens undoubtedly and unequivocally see a shift alongside the advances in technology.

Retail 114

Retail social media Online Mobile 114

PYMNTS

JUNE 14, 2018

Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. Attracting Millennials. Approximately 75 percent of Gravy’s users are millennials. Second Chances.

Millennials 118

Millennials Branding Mobile Apple 118

PYMNTS

MARCH 1, 2019

Brick-and-mortar fashion retailers are developing in-store experiences to encourage customer loyalty. markets, aiming to generate repeat visits as part of its experiential retail efforts. Shoppers can pick shoes from a display wall using the technology, which sends a message to the salesperson on a mezzanine level of the store.

Branding 129

Branding Retail Columbus Las Vegas 129

PYMNTS

AUGUST 9, 2016

A new study by The NPD Group found that anything related to health and wellness ­­— like wearable technology , basketball gear, sweats and active bottoms (AKA exercise pants), running products, outdoor sports and toys, running gear, portable beverageware — were among the fastest-growing retail categories between Dec.

Retail 100

Retail Study Millennials Exercises 100

PYMNTS

OCTOBER 1, 2019

In paying for their retail purchases online and in store, in terms of the overall respondent pool, 9.6 Beyond the super-connected users, bridge millennials , at an average of 36 years of age and armed with six connected devices, also have relatively high spending power. Both groups show a similar interest in contactless payments – 43.4

Millennials 140

Millennials Payments Study Groups 140

PYMNTS

AUGUST 19, 2019

That said, there seems little question that younger consumers will continue to drive most changes in mobile, including its often complex place in the retail and shopping chain. PYMNTS-LISNR research demonstrates how younger consumers are driving this shift in the history of retail. Generational Shift. “A percent and 42.8

Mobile 179

Mobile Millennials Retail Online 179

PYMNTS

DECEMBER 31, 2019

Merchants will be turning on their near-field communication technologies, and accepting tap-and-pay at the terminal. Moving toward the next generation of payment technologies, one is likely to capture the attention of that next generation — and be top of mind and top of wallet. Here Come The Millennials.

eBook 170

eBook Millennials Cards Survey 170

PYMNTS

MAY 31, 2017

Well, duh – but only if they can bring all of their friends, carried in their pocket and amplified via an acceptable Wi-Fi signal at the mall, says a new study by HRC Retail Advisory. However, millennials and Generation Z shoppers took their inspiration from different places.

Millennials 101

Millennials social media Study Retail 101

PYMNTS

APRIL 19, 2018

Wendy’s , for example, planned to roll out self-ordering kiosks at about 1,000 of its retail locations by the end of 2017 in an attempt to both lure younger customers and to battle long lines at peak dining hours. Besides QSRs, this technology is popping up at hotels. Consumers want their orders faster than ever before.

Retail 102

Retail eBook Customer Experience Ohio 102

PYMNTS

DECEMBER 13, 2019

What this demographic wants out of peer-to-peer (P2P) marketplaces is changing, however, as more millennials become fully active members of the working world. Millennials are still spending money on trips and vacations, but how and where they do so is shifting. Millennials And Their Changing Travel And Payment Opinions.

Millennials 141

Millennials Payments Groups Mobile 141

NCR

APRIL 18, 2017

Research has suggested that the answer to that question is a resounding ‘yes’, particularly among the millennial generation. As important as new technologies and digital convenience are, the concepts that millennials value most are freedom and choice. Free ATMs – a decisive factor? ” Traditional appeal.

Millennials 75

Millennials ATM Phoenix Study 75

PYMNTS

JULY 7, 2017

Generation Z are the next up-and-coming group of shoppers who retailers are turning to for the future of retail. Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. Get ready, retailers.

social media 120

social media Millennials Retail Study 120

PYMNTS

NOVEMBER 4, 2019

bank account has access to Zelle in their mobile banking app,” Lou Anne Alexander, group president of payments solutions at Early Warning, said in a press release. It is rolling out a cash-back rewards program for its Venmo Mastercard debit card at certain retailers, as announced in a press release. Other Signs of Popularity.

Groups 101

Groups Payments Mobile Dallas 101

PYMNTS

DECEMBER 26, 2018

At the same time, Cellulant said her products appeal to millennials who spend a lot of time on social media. In fact, the brand’s target market is millennial women between the ages of 20 and 37 with disposable income who live in an urban area. In addition, the company said that her brand is well-known and capable of generating buzz.

social media 180

social media Payments Millennials Regional 180

BankInovation

SEPTEMBER 24, 2021

investors threw their support behind an intelligent document processing technology firm and an altruistic startup aiming to help millennials and others progress toward homeownership. Advance Intelligence Group In the biggest […]. Here in the U.S.,

Fintech 98

Fintech Millennials Groups Technology 98

NCR

FEBRUARY 16, 2016

There’s nothing more suitable for technology disruption than traditional small business banking. And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. And 77 percent of them said that technology makes them feel “more in control.”.

Millennials 40

Millennials Study Retail Community Bank 40

PYMNTS

AUGUST 22, 2018

As the company claims in the F-1: “Farfetch is the leading technology platform for the global luxury fashion industry. We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. We are redefining how fashion is bought and sold through technology, data and innovation.”.

Online 101

Online Retail Branding Data 101

NCR

JUNE 29, 2016

Coming of age during the last recession and being subjected to the barrage of headlines about financial executives misbehaving, many Millennials are distrustful of established financial brands and institutions. are in the bottom 10 of the least loved brands by Millennials. are in the bottom 10 of the least loved brands by Millennials.

Millennials 45

Millennials social media User Experience Branding 45

PYMNTS

NOVEMBER 6, 2020

Millennials Drive More to Faster Payments . Millennials and Gen Z are among the groups that are most likely to have received instant payments. Walmart Reboots Retail With Its Rethink on Robotics . These users are receiving investments, insurance and income via those means. Fun, Cool and Otherwise Interesting.

Online 148

Online Payments Millennials Apple 148

PYMNTS

JULY 31, 2019

Mobile technology by payments provider ACI Worldwide is a crucial part of the Co-operative Group’s (Co-op) new pay-in-aisle app, the firm said in a July 31 press release. . s largest convenience food retailers, Co-op has more than 2,600 stores and fuel sites across the country. One of the U.K.’s The Co-op was the first U.K.

Retail 139

Retail Mobile Millennials Operations 139

PYMNTS

MAY 22, 2017

Here’s how some big players are setting up to shift the goalposts even more in the coming years – by the numbers: 6 million + | Retail workers at risk of replacement by robots over the next 10 years, according to a new study by Cornerstone Capital Group. The change will likely start with cashiers.

Millennials 100

Millennials Data Bitcoin cryptocurrency 100

PYMNTS

JANUARY 14, 2019

While there are many retail touchpoints that can, and likely will, benefit from the connected car revolution currently underway, Frieden said, convenience stores (C-Stores), particularly those with an attached gas station, are standing on the forefront of that opportunity. The Convenience Store And The Connected Consumers.

Millennials 158

Millennials Retail Mobile Report 158

PYMNTS

MAY 22, 2019

Once upon a time, it was predicted that the rise of smartphones would spell the end of traditional retail, but that hasn’t really happened. And roughly one-third use their devices to “showroom” — one of retailers’ biggest fears a few years ago — to compare prices at competitors. How are consumers using mobile devices in-store?

Mobile 177

Mobile Study Retail Millennials 177

PYMNTS

JANUARY 17, 2020

For example, the approximate 35,000 members of Facebook group Afterpay Obsession discuss BNPL purchases’ benefits. However, there is one shopping channel in which BNPL may be able to help retailers and additional providers generate much more revenue: mobile. BNPL Could Solve Mobile Shopping Hardships .

Mobile 130

Mobile social media Retail Study 130

PYMNTS

FEBRUARY 23, 2017

AI technology startup ViSenze creates digital image search solutions built on deep learning and computer vision capabilities. Founded in Singapore in 2012, the company’s solutions are used today by major digital retailers such as Rakuten and ASOS to simplify product searching for some 250 million daily active users.

United States 136

United States Millennials Retail Capital 136