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.

Retail 177

Retail social media Millennials Branding 177

PYMNTS

DECEMBER 24, 2019

All that’s left now, more or less, is the rush of returns that will all but overwhelm some retailers. Yet, instead of offering the option to pay now and buy later, the credit cards reversed the order of operation and allowed customers to buy now and pay later over time. So, what kinds of products will people be getting this year?

Millennials 139

Millennials Branding Trends Retail 139

PYMNTS

AUGUST 9, 2019

In an interview with PYMNTS, Tim Moran, senior vice president of product and marketing at Worldnet , told PYMNTS that the age of automated retail is dawning — but there is no one-size-fits-all approach. Moran said the overall trend toward automation is being driven by the consumer, and in particular, by millennial consumers.

Retail 181

Retail Analytics Millennials Online 181

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. But what motivates consumers, BMs included, to use mobile apps for gas-related purchases?

Millennials 130

Millennials Mobile Payments Survey 130

PYMNTS

NOVEMBER 5, 2018

Those promise to stand as two main traits of the 2018 holiday shopping season , and retailers that gain an edge and increase revenue during the all-important fourth quarter will likely have exploited such tactics during this period, at least according to new data that strives to paint a detailed picture of U.S. percent, reaching $124.1

Retail 179

Retail United States Millennials Study 179

PYMNTS

APRIL 30, 2019

According to Will Byrne, CEO of Worldnet Payments , the kiosks and smart shelves that are gaining traction across any number of commerce and retail settings may even shift the employment picture a bit. The Changing Retail Footprint. As unattended retail notches an increasing footprint, said Byrne, other use cases will also emerge.

Retail 138

Retail Data Operations Payments 138

PYMNTS

NOVEMBER 5, 2019

Convenience stores are not only a staple of consumer life — they also operate under often bad reputations, as places where the coffee is supposed to be stale and the food unhealthy. But things are changing fast in this corner of retail. LISNR is one company involved with gas station, convenience store and general retail transactions.

Retail 101

Retail Millennials Mobile Training 101

PYMNTS

DECEMBER 6, 2019

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. operations. Millennials Were Black Friday’s Big Spenders in 2019. Millennials were the big Black Friday spenders , shelling out an average of $509.50 Top News .

Millennials 101

Millennials Colorado Google Leadership 101

PYMNTS

AUGUST 15, 2017

The growing popularity of mobile order-ahead is hardly news in the restaurant industry, where customers — especially millennials — crave the convenience, speed and personalization of a mobile ordering experience both in quick-service restaurants (QSRs), coffee shops and fast-casual dining environments.

Mobile 193

Mobile Millennials Survey Technology 193

PYMNTS

NOVEMBER 6, 2019

bank account have access to Zelle in their mobile banking app,” Lou Anne Alexander, group president, payments solutions at Zelle operator Early Warning, said in a press release. Venmo Rewards is now offering 5 percent cash back at Target, Sephora, Chevron and Papa John’s, and 4 percent cash back at other retailers.

Millennials 107

Millennials Payments Cards Survey 107

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. Meanwhile, revenue from mobile devices increased by 55 percent to $65 million. out of 10 on “likelihood to recommend.”. “How With sales of $3.2

Online 164

Online Retail Millennials Analytics 164

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

DECEMBER 31, 2020

percent made voice-assisted purchases while shopping for groceries or retail goods in the last 24 hours. percent made purchases via mobile in the last 24 hours. 35 percent of retail businesses have experienced an increase in demand. percent of millennials believe it is “very” important to receive payments in real time.

Data 277

Data Innovation Payments Millennials 277

PYMNTS

JUNE 28, 2019

Mobile food ordering moved from niche to mainstream in just a few years. According to the new Mobile Order-Ahead Tracker , the volume of food and beverage orders placed via mobile apps grew by 130 percent between 2016 and 2018. Consequently, the mobile ordering landscape has become more crowded.

Mobile 138

Mobile Millennials Online Payments 138

PYMNTS

MAY 2, 2016

Mothers have always been a desirable retail demographic. In the days when mom (and only mom) balanced the checkbook, retailers that could influence her purchasing decisions often had an entire family’s disposable income at their, well, disposal. As it is in nearly every other generational subsection, millennial moms love mobile.

Millennials 100

Millennials US Online Retail 100

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 Millennials Mobile Operations 139

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. stores with the innovation.

Innovation 155

Innovation Millennials Dallas Retail 155

PYMNTS

MARCH 16, 2016

Whole Foods and other retailers capitalizing on the at-home health food craze were able to get out in front of millennial eating trends — or, at least, start riding at the crest of the wave. The pilot store will be operating on extended hours, opening four hours earlier at 7 a.m. ” Hang out they’ll have to.

Millennials 100

Millennials Alabama Branding Texas 100

PYMNTS

JANUARY 3, 2017

Retail is a dog-eat-dog world, operating at times on the thinnest of margins. The question put by PYMNTS’ Karen Webster to Vantiv’s Andy Wind, mobile product manager, and Tony Rose, director of mobile product management, remains: Just what makes a rewards program, well, rewarding? credit cards, 1.3 debit cards and 1.3

Retail 137

Retail UX Cards Branding 137

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

AUGUST 9, 2018

Online and mobile shoppers may have a seemingly endless shopping mall at their fingertips, but that doesn’t mean it’s always easy to buy. Retailers lose out on an estimated $236 billion worth of sales annually because they create difficult or frustrating shopping and checkout experiences. Source: Checkout Conversion Index.

Millennials 101

Millennials social media Exercises Retail 101

PYMNTS

JULY 5, 2019

Retailers are bolstering their supply chains in China as they seek to enhance their service and offer customers fresh products. The post also pointed out that the retailer invested over RMB 700 million – which is approximately $100 million – to create the South China Fresh Food Distribution Center. Other Brick-and-Mortar News.

Retail 101

Retail San Diego blockchain Phoenix 101

PYMNTS

FEBRUARY 19, 2020

Trade shows, corporate board meetings and business fundraisers are important parts of companies’ operations, but are difficult to pull off. B2B sellers know they must offer eCommerce sales channels if they want to appeal to today’s corporate buyers — many of whom are millennials. Read the full story in the Report.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. That’s not to say physical retail is dying.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

JANUARY 12, 2021

Demand among businesses — especially smaller firms — skyrocketed as they attempted to blunt revenue challenges and keep their operations above water, but these companies faced numerous hiccups when securing financing. Instant Payments and the Millennial Push.

Millennials 239

Millennials Payments Lending Study 239

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. 25 percent is the projected percentage of customer service operations that will use chatbots by 2020.

Retail 102

Retail eBook Customer Experience Ohio 102

PYMNTS

JULY 15, 2019

Of all the banking institutions releasing Q2 earnings this week, watch for JPMorgan, whose strong performance can be credited to a growing millennial customer base and continued digital innovation. Continued development of JPM Coin has garnered interest from customers around the world, especially millennials.

Innovation 139

Innovation Millennials Conference cryptocurrency 139

PYMNTS

SEPTEMBER 27, 2016

Cohen owns a national distribution network and deals with some of the nation’s biggest retailers. His aim is to change the way that the thousands of cases of retail goods are stored, handled and hauled. But it’s not just the retailers trying to cut costs who are embracing technology. In 2016, 5 percent of U.S.

Mobile 100

Mobile Payments Los Angeles California 100

PYMNTS

NOVEMBER 24, 2017

In the retail world, one pachyderm has been learning to dance in all manner of ways, displaying the chops to tango, watusi and foxtrot as situations demand. But, other numbers matter in the retail world, and here is where there is steak with the sizzle. That’s enough for a sizzle in many respects. Same-store sales grew by 2.7

Retail 128

Retail Mobile Strategy Digital Strategies 128

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

OCTOBER 23, 2020

Small and medium-sized businesses (SMBs) can accept payments via a mobile program or touch-free card reader with QuickAccept and get the funds immediately. 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

Bank Innovation

JULY 16, 2019

JPMorgan Chase‘s now-defunct millennial-focused banking app, Finn, was not a failure, CEO Jamie Dimon said Tuesday during the bank’s second-quarter earnings call. Specifically, […].

Millennials 170

Millennials Maine Mobile Operations 170

PYMNTS

OCTOBER 13, 2016

While mint chocolate chip ice-cream might be the way to a foodie’s heart, MintChip digital currency is not the way to a millennial’s mobile wallet, apparently — at least not in Liberty Village, Toronto. South Korea Is Mega Mobile. Korean consumers see no evil in mobile payments. is that Android mobile users in the U.K.

Mobile 100

Mobile Payments Apple Samsung 100

Bank Innovation

MARCH 28, 2019

Olivia, a play on the bank’s name Liv, can check balances and give spending insights through text and the bank’s mobile app. Liv, a digital bank geared towards millennials in the U.A.E, United Arab Emirates-based digital bank Liv on Wednesday launched its virtual assistant Olivia, which was built by conversational AI company Kasisto.

Digital Banking 170

Digital Banking Millennials Mobile Company 170

PYMNTS

OCTOBER 1, 2019

However, that’s only part of what’s really going on when it comes to this particular card payments mark for convenience stores and gas pumps, according to a new PYMNTS interview with Chris Triconi, director of petro, convenience stores, and fuel retail at payment technology firm LISNR. That’s one part of the EMV story for U.S.

Innovation 167

Innovation Customer Experience Retail Operations 167

PYMNTS

JANUARY 25, 2021

These plans fund retail purchases that consumers can then pay off over time in typically four installments. Buy now, pay later options have developed differently across nations, with trends in C hina seeing retailers often providing their own installment payment plans rather than offering third-party plans at checkout.

Payments 185

Payments Tools Retail Cards 185

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Gov’t Fights States’ Bid To Block Sprint, T-Mobile Merger Saying Move Would Slow 5G. T-Mobile and Sprint are the third and fourth-largest wireless carriers in the country.

Taxes 101

Taxes Mobile Management blockchain 101