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The American Dream Of Homeownership On Hold For Millennials?

PYMNTS

It could be the perfect time for millennials to stop throwing their money away on rent and buy a home — or not. A survey by the Pew Research Center found one-third of millennials have been laid off due to the COVID-19. Another 42 percent said their pay has been cut, researchers reported. While existing home sales fell 8.5

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Kohl’s To Tap Into Facebook Data To Create Millennial Clothing Line

PYMNTS

The fashionistas posting on Facebook have the attention of Kohl’s , which is looking to create a curated clothing line based on the brands people are wearing most, the Motley Fool reported Sunday (Aug. Kohl’s is teaming up with the social media giant to uncover emerging brands that millennial shoppers consider cool.

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NEW REPORT: Millennials Raise Credit Unions’ Innovation Bar

PYMNTS

Those are challenges that several solution providers are working to address by helping credit unions improve their online experiences for disabled credit union members. The National Council of Firefighter Credit Unions (NCOFCU) agreed to work with web design firm OMNICOMMANDER. Embracing Tech Change to Win Over Millennials.

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CVS Expands Membership Program Nationwide To Lure Millennials

PYMNTS

After successful test runs in Boston, Philadelphia and Tampa, the CVS membership program CarePass will expand nationally with free delivery for an annual fee, CNBC reported on Monday (Aug. The pilot program indicated that 20 percent of users were millennials and that CarePass members spent 15-20 percent more at CVS.

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Target To Sell Flamingo Razors To Court Millennial Shoppers

PYMNTS

National retailer Target is expanding the number of brands it carries in stores, inking a deal with Flamingo, the women’s body care product maker created by Harry’s, the shaving startup. Target is trying to become a “cool” place for millennials to shop and Flamingo is seen as a way to meet that end.

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Digital Payments, Online Ordering And Memberships Top This Week’s News

PYMNTS

We have deep dives on digital payments, online ordering and memberships. Millennials Drive More to Faster Payments . Millennials and Gen Z are among the groups that are most likely to have received instant payments. Trackers and Reports. From Online Ordering to Cupcake ATMs: How Sprinkles Prepared for the Pandemic.

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What’s Under The Millennial Christmas Tree This Year?

PYMNTS

“Sneakers, of course, are always popular,” and that popularity looks likely to hold well after the 2019 holiday shopping season — thanks to the preferences of younger shoppers, including millennials and Generation Z. As PYMNTS reported, toy discounts have plummeted this holiday season. That’s not all.