PYMNTS

MARCH 30, 2020

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.

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Retail social media Millennials Branding 177

PYMNTS

MAY 10, 2017

One of the biggest hurdles to starting a new business, in addition to developing an innovative out-of-the-box idea, can be where and how to obtain funding. All of this could likely be contributing to today’s lack of entrepreneurs in the millennial age group. percent of Generation X and 8.3 percent for Baby Boomers.

Millennials 135

Millennials Maine Groups Retail 135

PYMNTS

DECEMBER 23, 2019

Online shopping has fundamentally changed the rules of how to gauge a company’s performance around the holidays. Analysts say they are now employing methods, such as subscribing to retailers’ emails, so they can monitor sales, doorbuster deals and promotions. By using cameras, retailers can track who’s buying what.

Retail 131

Retail social media Millennials Analytics 131

PYMNTS

JUNE 2, 2020

The past several months have been largely defined in the retail world by merchants and brands making quick digital pivots to stay afloat in an environment that’s gone from “digital sometimes” to “digital mostly.”. When selling online became the only game in town, retailers across the board got very seriously digital overnight.

Retail 142

Retail Meeting Millennials Branding 142

PYMNTS

SEPTEMBER 11, 2018

Millennial consumers are ready to be brand ambassadors — especially when engaging in mobile commerce with private-label debit programs. That’s the message of a new, in-depth PYMNTS story about how to win the loyalty of those younger consumers. Millennials are ready to be engaged.

Millennials 126

Millennials Mobile Payments Study 126

PYMNTS

MAY 24, 2016

Millennial moms have been written about fairly exhaustively. Where they shop, how they shop, when they shop, who they shop for, who they shop with, how much they buy and how to persuade them to buy more are all hot topics. Millennials, that precious group of consumers aged 18-34, are no longer merely a trendy demographic.

Millennials 100

Millennials Portland Study Retail 100

PYMNTS

NOVEMBER 27, 2018

Convenience store operators would be wise to pay close attention to the purchasing habits of a certain subset of consumer: the Bridge Millennial — the first generation of connected consumers with spending power. Building A Better Bridge Millennial Gas App. For C-Stores, An Opportunity To Woo Bridge Millennials.

Millennials 130

Millennials Mobile Payments Survey 130

PYMNTS

DECEMBER 11, 2019

The nearly universal need for medication and other remedies is driving retail innovation via the pharmacy sector — and that includes the area of customer experience. One of the keys of the commerce game these days is providing a deeper customer experience, and that holds true when it comes to healthcare retail. Delivery Programs.

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Retail Innovation Houston Customer Experience 132

PYMNTS

DECEMBER 26, 2019

Change came from various areas for retail in 2019. Retail merchandising was, at best, a hit-or-miss system in its heyday, Nextail CEO and Co-Founder Joaquin Villalba told PYMNTS in a recent conversation. Analytics, too, was another hot spot for retail change in 2019 and will continue to be for the 2020s. Role of Data.

Retail 132

Retail Trends Analytics social media 132

PYMNTS

JANUARY 16, 2020

Convenience is key in the retail sector, especially in eCommerce, where merchants with frustrating or complicated online shopping processes can easily lose customers. Avoiding such an exodus means retailers must be flexible when developing the tools consumers use to make purchases. How Millennials Are Driving BNPL Growth.

Millennials 130

Millennials Mobile Retail Branding 130

PYMNTS

DECEMBER 31, 2020

The pandemic has changed the rules, however, and merchants have rapidly adjusted to a retail climate in which customers retain significant health concerns. The global health crisis prompted many consumers to alter their holiday habits this year, including where they shopped, what they bought and how they paid.

Millennials 167

Millennials Retail Online Guidelines 167

PYMNTS

DECEMBER 6, 2018

Given the “Amazon effect” that has blown through retail like a cold wind over the last decade or so, many speculated that the Kohl’s attempt to boost foot traffic was about to go down in history as inviting the fox to guard the henhouse. “This is the quintessential Kohl’s shopper we want to see in the future,” she said. .

Millennials 109

Millennials Branding Milwaukee Retail 109

PYMNTS

JANUARY 14, 2019

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.

Retail 198

Retail Online Mobile Data 198

PYMNTS

OCTOBER 12, 2016

And that, according to new data released by the National Retail Federation , is precisely the point, as Halloween is a less “traditional” holiday than most and therefore more open to different interpretations for how to celebrate it. Millennials are also the top costume spenders, spending $42.39 billion on U.S.

Retail 100

Retail Trends Millennials National 100

NCR

JULY 7, 2017

All banks are aware of the importance of catering to the needs of the millennial generation. So what exactly is it that millennials want and expect from their financial services? This point was emphasized by Colin Walsh, CEO and co-founder of Varo Money, a mobile banking platform designed to meet the needs of millennials.

Millennials 75

Millennials Customer Experience Meeting Industry 75

PYMNTS

APRIL 24, 2018

It’s time for retailers to stop looking at brick-and-mortar like it’s dying. Traditional retail is changing, it’s true – and that has manifested as a fair amount of growing pains – but the perception that physical retail is a sinking ship may be leading merchants astray. tour in a vintage airstream turned pop-up store.

Retail 156

Retail Branding Mobile Millennials 156

PYMNTS

DECEMBER 8, 2016

Between the Instagram selfies, Twitter hashtags and Facebook posts, millennials seem to overshare. The more information that’s asked of them, the less likely it is that [millennials] will finish the application,” said Johnny Ayers, cofounder of Socure. “The But how few is “fewer?”. “I It’s All About The Use Case .

Millennials 100

Millennials Data social media Technology 100

PYMNTS

JULY 28, 2020

Millennials and Generation Z consumers get all of the attention when it comes to their changing digital habits amid the pandemic. Google the words “millennials shopping shift,” and page after page of listicles, think pieces and how-to articles appear. percent of bridge millennials and 53 percent of millennials.

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Millennials Survey Ohio Google 244

PYMNTS

OCTOBER 1, 2018

The question for merchants and retailers is how to turn those changing payments preferences into new ways to reach and please one’s consumer base. Data: 60 percent: Share of millennials who report they prefer using apps to make payments. Data: 60 percent: Share of millennials who report they prefer using apps to make payments.

Data 155

Data Millennials Mobile Online 155

PYMNTS

JUNE 18, 2016

In fact, recent data from Mintel indicates that millennial dads could be the future of retail. Millennial dads view shopping with their kids as a way to bond and teach them valuable lessons,” the report said. Millennial dads view shopping with their kids as a way to bond and teach them valuable lessons,” the report said.

Millennials 100

Millennials social media Data Report 100

PYMNTS

FEBRUARY 23, 2016

While a National Retail Federation survey found that 65.5 percent) said that they had already made up their minds to send the funds to savings accounts rather than a retailer’s till. As opposed to the 41 percent of millennials who saved their refunds in 2015, 54 percent say they plan to do so when their checks come this year.

Taxes 100

Taxes Retail Millennials Survey 100

ABA Community Banking

AUGUST 12, 2018

Guardian recently released a survey on what the millennial generation think about how to plan for their financial future, and some of the results can provide banks with guidance as to how best to service the next generation of customers. Feature Management Retail Banking Feature3.

Millennials 45

Millennials Survey Retail How To 45

PYMNTS

APRIL 25, 2016

“Improving engagement” has become just another platitude in retailers’ back pockets as they figure out which channel of the increasingly fragmented online world they should focus on, but Nordstrom may have struck gold with a new Snapchat-centered production.

Millennials 100

Millennials South Carolina social media Oregon 100

PYMNTS

JANUARY 3, 2017

Retail is a dog-eat-dog world, operating at times on the thinnest of margins. There are so many levers to engage consumers” in rewards, said Wind, and whether it is tied specifically to a card or merchant, additional leverage can come through email marketing campaigns or percentage-off programs at retailers. credit cards, 1.3

Retail 137

Retail UX Cards Branding 137

PYMNTS

JULY 25, 2018

So how to get nice – but not so nice that nice becomes an unaffordable luxury? ” The price of that craftsmanship is balanced out by the cost savings associated with selling direct to customers online – there are no middlemen or retailers to pay or appease. “We “So we have a lot of history and rich knowledge to rely on.”

Millennials 100

Millennials Tools Examples US 100

PYMNTS

JUNE 25, 2018

He then asked if I would like information about how to become an Amazon Prime member so that I could take advantage of those deals. For the Bridge Millennials — those aged 30 to 40 years old who are the first generation of connected consumer with spending power — they barely register. Both placed near the bottom of the list.

Retail 156

Retail Branding Millennials Online 156

PYMNTS

DECEMBER 7, 2018

Big retailers are opening smaller-format stores in major U.S. Already, the retailer has opened a Planning Studio across the pond in London in October. In the announcement, IKEA Retail U.S. The offering uses AR technology to guide consumers on how to collect their own data such as weight and blood oxygen content.

Retail 122

Retail San Francisco Arizona Los Angeles 122

PYMNTS

SEPTEMBER 8, 2020

He said retailers and service providers need to address such anxieties as they sketch out their digital and omnicommerce strategies and think about what new tech to put in place. As long as retailers focus on creating such safe spaces, he said, “the future is bright.”. And that is where a lot of stress is created.”. Gauthier said.

Innovation 223

Innovation Retail Millennials Tools 223

PYMNTS

DECEMBER 20, 2019

In the 1930s, in the era of the Great Depression, when consumers had little extra cash, retailers nationwide came up with an innovation to make it easier for people to shop without having to pony up cash right away. Though different shops had different nuances in how they ran their programs, structurally, they were all similar.

Millennials 137

Millennials Retail Tools Branding 137

PYMNTS

SEPTEMBER 16, 2019

Retailers scour social media to find influencers and designer bellwethers to turn trends into sales. In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. Pundits identify bellwether states to predict election outcomes.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

DECEMBER 4, 2018

For APMs and other players – especially the traditional credit card issuers – the question remains: How to keep the consumer engaged? The Millennials Cometh. We are talking here, of course, about millennials. There’s recognition among the marquee names in payments that the landscape is shifting. There’s a wrinkle here, though.

Payments 191

Payments Millennials Cards Course 191

PYMNTS

JANUARY 15, 2020

Millennial consumers are a mobile group – according to data analysis by FiveThirtyEight , the average millennial makes 12 moves between moving out of their parents’ home at college graduation and buying their first home. Why would you want to be saddled with furniture?”.

Millennials 131

Millennials Pennsylvania New York Groups 131

PYMNTS

JUNE 9, 2017

Given the expertise around the table on product development, I think there’s a good combination of people who know how to build a compelling user-facing product.”. The question is, can it translate now to do it on mobile?” said GV General Partner MG Siegler.

Mobile 100

Mobile Millennials Video Apple 100

PYMNTS

DECEMBER 13, 2019

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. According to one Mastercard study , about one-third of millennials and Gen Zers would let a bot plan their next trip in an automated fashion using data from their travel history.

Fraud 130

Fraud Millennials Comparison Online 130

PYMNTS

JANUARY 26, 2021

Users can monitor that usage and get suggestions from Amazon on how to best control their energy expenditures via the new energy dashboard. And the trend, while broad, is more clearly seen among millennials and bridge millennial consumers — the demographic widely forecast to be driving the real estate market for the next few decades.

Millennials 175

Millennials Data Trends Security 175

NCR

JULY 12, 2016

Millennial customers are quickly becoming key to the growth strategy of financial institutions, particularly in hyper-competitive markets where customer churn remains high. While millennials tend to judge a bank on the basis of its digital capabilities, they still also expect a human connection to advise them.

Millennials 40

Millennials Meeting Compliance Regional 40

PYMNTS

JULY 26, 2018

As JCPenney has shifted strategies and experienced three different chief executives in about seven years, the retailer is now focusing on reaching moms. It had previously tried to reach millennials, the Wall Street Journal reported. JCPenney’s effort comes as the retailer has become irrelevant, according to some customers.

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Retail Millennials Strategy How To 100