PYMNTS

APRIL 23, 2019

Last week, wireless carrier T-Mobile announced it would throw its hat into the mobile banking arena with the national rollout of T-Mobile MONEY. percent of Bridge Millennials, ages 30 to 40, said mobile apps were important in accessing bank accounts, compared to 53.8 percent of Bridge Millennials did so. In fact, 72.4

Millennials 145

Millennials Mobile Study Branding 145

PYMNTS

AUGUST 31, 2017

A study that Colloquy issued earlier this year entitled “Shopping by Generation” revealed that baby boomers are the generation most likely to boycott a retailer if they have a negative shopping experience, according to Chain Store Age. Millennials. Almost 41 percent of millennials shop online at least once a week, and 62.2

Retail 147

Retail Millennials Study Trends 147

PYMNTS

DECEMBER 15, 2019

Mintel surveyed 1,700 shoppers online last year and discovered a fifth of consumers agreed that “experience gifts” were better than tangible products. A similar study this year indicated that number increased to approximately half. Most reportedly purchased new merchandise.

Survey 140

Survey US New York Millennials 140

PYMNTS

DECEMBER 15, 2019

Mintel surveyed 1,700 shoppers online last year and discovered a fifth of consumers agreed that “experience gifts” were better than tangible products. A similar study this year indicated that number increased to approximately half. Most reportedly purchased new merchandise.

Survey 131

Survey US New York Millennials 131

PYMNTS

JULY 7, 2017

Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. The buying power of Gen Z comes out to $44 billion, according to an IBM and National Retail Federation study. Get ready, retailers. This falls in line with what we’ve been seeing over the last few years.

social media 120

social media Millennials Retail Study 120

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. One hundred and ten (110) million U.S. consumers — 47.2 percent of the U.S.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

SEPTEMBER 8, 2020

Gauthier said studies show that consumers have what’s called a “decision-making budget” — how much energy they can put toward making decisions — but COVID-19 is pushing that to the limit. “We Should I leverage the online capabilities?’ — taxes that budget,” Gauthier said. Should I buy this car?’” Should I send my kids to school or not?

Innovation 223

Innovation Retail Millennials Tools 223

PYMNTS

APRIL 9, 2020

By that time the nation had accepted the COVID-19 pandemic’s inevitability, triggering a wave of stock-up buying of household supplies as face masks were suddenly everywhere, and major coronavirus-induced lockdowns commenced. percent of total retail sales, excluding online and vehicle sales.”. Et tu , Millennials?

Mobile 140

Mobile Apple Cards Millennials 140

PYMNTS

FEBRUARY 13, 2017

Murray’s Cheese and Kroger have been partners for nearly a decade, with the national grocer selling the cheese shop’s products in its supermarkets. In-store transformation will increasingly become key for grocery retailers in the coming years to compete with growing consumer interest in online food sales. percent of U.S.

New York City 123

New York City Millennials New York Online 123

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. They make up close to 25% of the total US population and are by far the wealthiest generation — and will continue to be so until at least 2030, according to a 2015 Deloitte study. . Cake is another online estate planning tool.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

MAY 4, 2020

The fifth PYMNTS study of consumer behavior before and during the course of the pandemic, now encompassing a national sample of more than 12,000 consumers as of April 27, shows that nearly two times as many Americans have little or no interest in leaving their homes to reengage in the physical world as those who do. percent from 35.5

Study 209

Study Online Course Millennials 209

PYMNTS

OCTOBER 20, 2020

These are the results from the latest PYMNTS Apple Pay use and adoption study of a national sample of 2,998 consumers between Sept. Study data indicate that 73.1 The study also revealed that 57 percent of eligible consumers earning more than $100,000 in annual income use Apple Pay, and nearly as many are women.

Apple 133

Apple Payments Study Mobile 133

PYMNTS

JULY 18, 2016

Heck, even dollar stores have been making a comeback of late, fueled in large part by those cost-conscious millennials. You can also see the “new frugality” trend reshaping the apparel retail industry as well, according to a new study by The NPD Group. So, what’s going on here? Have consumers just suddenly become very cheap?

Branding 100

Branding Retail Study Portland 100

Independent Banker

OCTOBER 29, 2014

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

Millennials 110

Millennials Community Bank social media Community 110

PYMNTS

JUNE 28, 2016

And while, strictly speaking, that is not wrong — suburban moms do in fact buy the majority of our nation’s groceries (they also cook the majority of them and clean up the dinner dishes when everyone is done) — it is also increasingly incomplete and less helpful. Millennials In the Aisles . Changing Cultural Demographics .

Millennials 113

Millennials Groups Study Mobile 113

Independent Banker

NOVEMBER 13, 2014

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. This is really the moment for community banks to show that they’re a fit for millennials. By Ed Avis.

Millennials 87

Millennials Community Bank social media Community 87

PYMNTS

JUNE 9, 2020

Their marketing budgets are deeper and bigger, and they are national,” said Chambers of these and other digitally-focused firms. But, as Chambers pointed out, that trust will have to be earned with younger consumers — particularly in the Generation Z and millennial cohorts, who are strongly inclined to use digital offerings.

Digital Banking 133

Digital Banking Millennials Lending Marketing 133

PYMNTS

FEBRUARY 26, 2020

The other two options are in store pop-ups and online collaborations. The customer demand for secondhand is strong, and our thredUP partnership allows shoppers to find select national brands for the first time ever inside our stores.”. Gen Z owns the most resale items, while millennial closets mix traditional mall and emerging brands.

Chicago 131

Chicago Retail Michigan Branding 131

PYMNTS

SEPTEMBER 16, 2019

This report — the third in our annual series — shows the results of a national study of 5,000 U.S. Roughly one in every 10 consumers today uses voice-enabled devices and apps to browse, shop and buy goods online.

Report 188

Report Study Meeting National 188

PYMNTS

NOVEMBER 10, 2016

The year 2016 has not been an easy one for Target — as its same-store sales have slipped, grocery has been an ongoing problem, and Target finds itself increasingly squeezed from two sides: by an expanding Walmart in the physical world and an ever-growing Amazon online.

Course 145

Course Groups Online Trends 145

PYMNTS

MAY 23, 2020

Enthusiasm for re-entering a possibly contaminated world isn’t terribly high among millennials, bridge millennials and Gen Xers, many of whom have shifted to digital habits over the last eight weeks or so – and plan to keep it that way, instead of transitioning back to the real world.

Tampa 249

Tampa Connecticut Guidelines New York City 249

PYMNTS

JUNE 1, 2020

Retailers, merchants and grocery stores are advertising curbside pick up for orders placed online, where payment is made by charging payments credentials stored in their apps, mobile wallets, or even in some cases, card credentials stored on file in their Chrome browser. This latest study of a national sample of U.S.

Cards 147

Cards Study Maine Payments 147

PYMNTS

MAY 10, 2016

Ripples were promptly sent flying into all corners of the retail universe with the launch of Amazon Home Services in March 2015, and now that both mom-and-pop hardware shops, as well as national brick-and-mortar chains have had more than a calendar year to react to the changes, a definite trend has emerged.

Retail 100

Retail Trends Study Seattle 100

PYMNTS

MAY 11, 2018

A recent report from the United Nations World Tourism Organization (UNWTO) said that millennials in China are the “forerunners” of mobile apps and “revolutionary” payment methods — a finding not lost on tourism officials. Expanding Payment Methods. So is WeChat. The key is constant engagement and digital word-of-mouth, Coresight said.

Retail 129

Retail Payments social media Mobile 129

PYMNTS

SEPTEMBER 27, 2016

Cohen owns a national distribution network and deals with some of the nation’s biggest retailers. The ripple effects of this new model are less activity at ports, lower revenues for the trucking industry and a prediction by the National Retail Federation that this trend of low imports will persist. In 2016, 5 percent of U.S.

Mobile 100

Mobile Payments Los Angeles California 100

CB Insights

MARCH 26, 2019

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

Millennials 78

Millennials Industry Trends Branding 78

PYMNTS

MARCH 9, 2020

PYMNTS fielded a study to a national panel of 1,062 U.S. Nearly every respondent in our study — 99 percent of them, in fact — defined a bank the same way the dictionary does: as a place to store their money, access their money and borrow money if needed. percent of bridge millennials’ primary FIs are national banks, but 8.1

How To 232

How To Millennials ATM Fintech 232

PYMNTS

DECEMBER 14, 2020

Consumers across the nation have instead hunkered down at home, working, socializing, shopping and paying online. Two groups of connected consumers continue to own more devices than all the rest: superconnected consumers and bridge millennials.

Millennials 278

Millennials Report Examples Groups 278

PYMNTS

JUNE 21, 2016

Also, Mintel’s Foodservice Trends 2016 report found that 77 percent of Americans said they would use online food delivery services. Of those who already utilize these store-to-door programs, the study found that 51 percent order meals from casual dining restaurants. That’s a hearty slice of the delivery pie. About the Index.

Resources 102

Resources Operations Technology Boston 102

Tech and Finance

JULY 13, 2016

The largest national banks have pulled ahead in mobile, according a recent Forrester report — the 2016 U.S. Retail Banking Customer Satisfaction Study from J.D. The big banks ranked better across multiple segments, including the coveted millennials, emerging affluents, and minorities. Or at least they should be. The 2016 U.S.

Regional 28

Regional Mobile Millennials Study 28

CB Insights

FEBRUARY 1, 2019

Consider that: Half of Indonesia’s population is under the age of 30, with the number of millennials (aged 17-35) in Indonesia currently at 79.5M. Indonesia features the largest ($27B in 2018) and fastest-growing (49% CAGR 2015-2018) internet economy in Southeast Asia, according to a study by Google and Temasek.

Policies 61

Policies Lending Operations Examples 61

PYMNTS

JUNE 15, 2019

are readying for the annual pilgrimage to beaches, national parks, amusement parks, resorts and campgrounds nationwide. What Expedia’s study actually says is that those consumers born after 2010 “may be young, but their ideas and opinions and are already influencing family travel decisions.”. Millennials and The Magic of Mircocations.

Millennials 179

Millennials Hawaii social media Report 179

PYMNTS

SEPTEMBER 10, 2018

That principle seems to hold true with millennials , as they lose some of the consumer spotlight to their successors in Gen Z. One study that mirrors findings of others — this one from Euclid Analytics — found that 66 percent of Gen Zers prefer in-store shopping , while 28 percent want to interact with store associates.

Millennials 112

Millennials San Diego Branding Study 112

PYMNTS

JANUARY 2, 2017

Winding down the year, the most recent Trackers examined just what it takes to get all those Christmas presents ordered online to loved ones across borders. Prpic noted that these virtual stores could improve on current online shopping setups, which allow customers to easily sort by price and overlook higher-end goods.

Retail 123

Retail Millennials blockchain Mobile 123

CB Insights

SEPTEMBER 4, 2019

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.

Millennials 78

Millennials Industry Branding social media 78

PYMNTS

NOVEMBER 23, 2016

Payvision’s own report noted that lesser-developed markets (such as those belonging to what is colloquially known as BRIC nations and other countries, such as Kenya and Turkey, to name just two) have been more willing to adopt mobile payments than more advanced brethren. One added tailwind: millennials, said op de Weegh.

Mobile 100

Mobile Payments Millennials United States 100

PYMNTS

DECEMBER 2, 2019

to get in line, consumers go online — popping open apps and letting their fingers and thumbs do the shopping. In 2019, we saw consumers are trading standing in line at the physical store more for the ease and convenience of buying online. percent) who shopped on Black Friday only did so online, up 10 percent from 18.6

Millennials 212

Millennials Data Online Cards 212