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

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

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

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

APRIL 16, 2019

Among the main consumer segments targeted by POS financing providers are millennials , in part because they are being left out when it comes to tapping into home equity. As well, Bankrate has estimated that roughly 33 percent of millennials have cards. Vyze already works with several U.S. Terms of the deal were not disclosed.

Millennials 188

Millennials Cards Maine Retail 188

Perficient

FEBRUARY 18, 2021

However, one of the main drivers is their weaknesses are exposed now more than ever with folks driven online with Covid-19 and expecting the same level of service they typically get at say their local bank. Then we present an outside industry (automotive, retail, etc.) It’s a bit sexier to spin it that way. The Approach.

Digital Strategies 383

Digital Strategies Strategy Industry Case Study 383

PYMNTS

APRIL 9, 2019

Retail innovation labs – incubators or tech hubs – aren’t confined to operations run by the likes of Amazon or Walmart. A new lab store from 7-Eleven underscores the innovation wave that is taking place in the convenience store sector of retail – a sector ripe for change, disruption and growth. Innovation Lab Growth. Payments Role.

Innovation 155

Innovation Millennials Dallas Retail 155

PYMNTS

MARCH 31, 2020

While the online car sales business has struggled like most non-essential retailers amid the coronavirus pandemic, there are signs of life, according to new research from automotive digital solutions provider Cars.com. The company released the research on the heels of a millennial survey. automotive industry.

Online 141

Online Millennials Survey Tools 141

PYMNTS

APRIL 18, 2019

The second time is the charm — that holds true for Neiman Marcus, and the hot retail trend the chain is tapping into (again). Retailers are increasingly turning their sights to resale commerce. The latest evidence for that came this earlier this week from the high-end retail chain. Resale Factors. Resale Growth.

Retail 117

Retail Online Trends Course 117

PYMNTS

MAY 1, 2020

NEW DATA: Two-Thirds Of Main Street SMBs Are Not Ready For The Post-Pandemic Restart. Over 38 percent of consumers are now buying retail goods and groceries online more often than they did before, and 11.3 Tradesy CEO: Millennial Women, Louboutin Shoes And Restarting The Economy.

Maine 141

Maine Millennials Payments Analysis 141

PYMNTS

MARCH 19, 2018

Eleven James offers two main options for its services: The company can choose a watch for the consumer, or the consumer can make the choice. The Market and Millennials. Eleven James may also appeal to millennials, who don’t have that ownership mentality. Millennials currently make up about a third of the U.S.

Millennials 146

Millennials social media Retail Maine 146

PYMNTS

OCTOBER 23, 2020

Saving Main Street From Its Downward Pandemic Spiral. Main Streets will have to change to receive the social proof and vibe that made them so successful. And, beginning next year, they will be able to spend their crypto collections with any of the 26 million retailers currently taking PayPal. Where does Apple Pay stand today?

Apple 149

Apple Maine Millennials Bitcoin 149

PYMNTS

OCTOBER 16, 2020

Some 48 percent of consumers said tipping was actually the main reason they still carry cash. For example, 33 percent of retail shoppers favor contactless card technologies for their in-store purchases. Surprisingly, a higher share of bridge millennials (23.1 Merchants Take Note. percent who would use credit cards and 45.5

Payments 166

Payments Study Survey Cards 166

PYMNTS

MARCH 2, 2018

Cash back programs are nothing new for financial institutions (FIs), but the banking industry may be well-served to take a few cues from the masters of rewards: retailers. For millennials, these cards simply don’t induce the same debt-based anxieties as credit cards. Think like a retailer. Winning the millennial market.

Millennials 101

Millennials San Diego Cards Retail 101

PYMNTS

AUGUST 9, 2019

Make room for more contextual commerce and more retail innovation in the travel sector. That’s the view from one of Google’s latest retail-associated launches, an airfare insight and travel recommendations offering. The travel industry also is the site of recent retail-oriented innovation. Habibi asked. Travel Trends.

Google 144

Google New York social media Retail 144

PYMNTS

APRIL 11, 2019

For those plans to succeed, however, a robust system of digital ID is necessary, lest regulators and parents decide such a retail activity is unsafe for children, and take steps to pull it back. Cheaper deliveries and adults who cook less than previous generations are among the main factors behind that growth. reached $1.7

Online 169

Online Retail Regulation Maine 169

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 22, 2020

That's what the millennial and younger consumer prefer to use.”. Beyond individual consumers, CUs are also eyeing the financial needs of small- to medium-sized businesses (SMBs), which have been hard-hit by the pandemic, as documented in a series of PYMNTS reports on Main Street. I think debit ultimately wins out,” Fagan continued.

Cards 308

Cards Maine Millennials Course 308

PYMNTS

DECEMBER 24, 2020

Millennials have shown remarkable interest in these solutions, which allow consumers to finance purchases with specific terms when they check out online. Millennials lead in the early adoption of BNPL, especially older “ bridge millennials ,” or those aged 32 to 41 who tend to have more purchasing power than their younger counterparts.

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

JANUARY 8, 2021

The Tracker also explores what tools and technologies may prove beneficial for lenders looking to meet those needs. Figuring out how to bridge this gap may be key for lenders in the near future and may require implementing new technologies that can help cut down on the time and complexity of these loans. Around The Disbursements World.

Lending 163

Lending Examples Tools Meeting 163

PYMNTS

APRIL 29, 2019

In the particular case of convenience store (C-store) commerce, a section of retail poised to become a vital part of the emerging connected vehicle ecosystem, that means taking a journey back several decades, during the mid-century peak of carhop culture. Not to mention, those experiences go beyond pumpside deliveries. C-Store Experience.

Mobile 152

Mobile Maine Trends Retail 152

PYMNTS

MARCH 10, 2017

What if we were to tell you that retail shopping isn’t dead? But at the end of the day, the most important responsibility regulators and financial authorities have to the public — their first, last and main job — is to keep the public’s money safe, secure and well-accounted for. Bricks and Mortar , Alive?

Bitcoin 122

Bitcoin Retail Security Maine 122

PYMNTS

JANUARY 8, 2020

Sustainable commerce is having a moment — well, two or three of them given how millennials and even younger consumers champion the trend — and that applies to food waste and commerce involving meat and plants. That technology can be a bit complicated, and PYMNTS is not a science or engineering journal. Need for Transparency.

Trends 131

Trends Maine Technology Capital 131

PYMNTS

DECEMBER 22, 2018

No matter what, though, the present and future of real Christmas trees — even if bought in a weekend frenzy — owes much to digital technology, eCommerce and the consumer preferences of younger buyers. That is helpful especially for “millennial and Generation Xers,” he said. Christmas Tree Landscape. consumers bought some 27.4

Industry 134

Industry Millennials National Online 134

PYMNTS

JULY 15, 2016

When Amazon, the largest retailer by market cap, says that it had its best day ever , it’s hard not to call that a sizzle – and then some. Remember, Lending Club’s claim to fame, as all of the online lenders, was their technology prowess at building systems that could take data and mash it up and make better decisions, faster.

Retail 100

Retail FDIC Bitcoin Lending 100

PYMNTS

SEPTEMBER 24, 2019

Digital banks , for one, are teaming up with technology providers to accelerate settlement times for payments collected at the point-of-sale (POS). Millennials no longer rule the mobile services space. Financial providers worldwide are working to give small and medium-sized businesses (SMBs) quick access to their funds.

Mobile 246

Mobile Payments Apple Millennials 246

PYMNTS

AUGUST 4, 2016

Millennials Eschew Bank Mobile Wallets. The millennial generation has already shown its love for all things mobile, but big financial institution mobile wallets were not in the mix, begging the question: Are the banks too late off the mark to deliver mobile wallets to this generation? But the similarities end there.

Samsung 100

Samsung Google Mobile Millennials 100

PYMNTS

NOVEMBER 12, 2018

In the connected age, consumers have more ways to interact with retailers than ever before. Once consumers reach the app’s main screen, they can find photos of the product that is up for sale that day, along with options for colors and sizes, and make a purchase, if they so choose. One of the retailers to tap into this technology?

Innovation 186

Innovation Samsung Apple Mobile 186

PYMNTS

DECEMBER 31, 2020

When you look at the spending graphs for millennials at that time, debit was growing at twice the speed of credit, but the average order value was much lower, which correlates with the lower disposable income in the demographic at the time,” Molnar noted. The other is technological innovation. According to J.P. That’s our No.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

JANUARY 14, 2019

And in an example of how automotive manufacturers must form connected vehicle relationships with payments, retail and other tech players, Honda said it was expanding its in-vehicle collaboration to include Mastercard and PayPal — along with reaffirming its in-vehicle payments work with Visa.

Las Vegas 128

Las Vegas Samsung Technology Tools 128

PYMNTS

MAY 24, 2019

billion by 2028 and millennial women are leading the charge, according to Brittany Johnson, CEO and co-founder of online subscription-based clothing service FashionPass. Such developments have become a main focus for FashionPass, which is currently building out its mobile app.

Innovation 134

Innovation United States Online Millennials 134

PYMNTS

FEBRUARY 18, 2020

These “ghost kitchens” are delivery-only, with owners spending less on property and directing funds into technological investments, lower menu prices and other concerns. based QSRs draw millennials consumers, with half of this age group reporting that they place more deliveries now than they did two years ago.

Millennials 232

Millennials Trends Strategy United States 232

PYMNTS

AUGUST 10, 2020

Consumers have been using internet technology for everything from nonessential health services to ordering from restaurants in the last few years, especially shopping more frequently online for retail products and groceries. Introduction.

Report 228

Report Payments Millennials Cards 228

PYMNTS

JULY 4, 2019

The intersection of those two trends provides a business opportunity, as discussed in a recent PYMNTS interview with Gideon Silverman, CEO at Awayco , a company that enables the rental of such gear as surfboards, snowboards and bikes at retail and affiliate locations around the world.

Trends 144

Trends Industry Mobile Millennials 144

PYMNTS

JUNE 24, 2017

After decades of frustration, it is no surprise that millennials en masse have started wearing a comfier, less agonizing option: yoga pants — formerly known as leggings — which, due to the magic of spandex, always seem to fit. Like A Glove seems primed to expand its offering of smart measuring technology to other clothing items.

Meeting 126

Meeting Maine Examples Millennials 126

PYMNTS

AUGUST 24, 2018

Not only do gift cards stand as the most popular holiday present, according to the National Retail Federation and other sources, but a Blackhawk Network survey found that “44 percent of consumers surveyed are interested in receiving a gift card to play the lottery, while 43 percent would be interested in giving a lottery gift card.”.

Ohio 103

Ohio Mobile Cards South Carolina 103

PYMNTS

APRIL 22, 2016

Particularly favored as a potential marriage that makes sense is a pairing of Acorns with Venmo, since they share a target audience of millennials with a mobile-friendly outlook. And with millennials as its targeted audience, there’s still room for mighty oaks to grow. But then, Acorns has only been “growing” for 20 months.

San Jose 100

San Jose Mobile Retail Survey 100