PYMNTS

AUGUST 9, 2016

A new study by The NPD Group found that anything related to health and wellness ­­— like wearable technology , basketball gear, sweats and active bottoms (AKA exercise pants), running products, outdoor sports and toys, running gear, portable beverageware — were among the fastest-growing retail categories between Dec. 2014 and Dec.

Retail 100

Retail Study Millennials Exercises 100

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

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. How We Will Pay 2019 is an annual national study of more than 5,000 U.S.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

NOVEMBER 3, 2020

the government of Prime Minister Boris Johnson, after weeks of seeking to avoid national shutdown in favor of local tiered limitations, has imposed another strict national lockdown aimed at halting the coronavirus’ spread. Consumers aren’t going into a commerce coma, as retail experts around the world seem to fear. In the U.K.,

Millennials 146

Millennials Data Study Survey 146

PYMNTS

JULY 7, 2017

Generation Z are the next up-and-coming group of shoppers who retailers are turning to for the future of retail. Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. Get ready, retailers.

social media 120

social media Millennials Retail Study 120

PYMNTS

DECEMBER 15, 2019

A similar study this year indicated that number increased to approximately half. The Mintel survey indicated the lion’s share of respondents who identified themselves as millennials or Generation Z preferred experiences over gifts. Most reportedly purchased new merchandise.

Survey 140

Survey US New York Millennials 140

PYMNTS

DECEMBER 15, 2019

A similar study this year indicated that number increased to approximately half. The Mintel survey indicated the lion’s share of respondents who identified themselves as millennials or Generation Z preferred experiences over gifts. Most reportedly purchased new merchandise.

Survey 131

Survey US New York Millennials 131

PYMNTS

APRIL 3, 2019

Do millennials cook? One study indicates that the answer is not really — millennials cook two fewer meals per week than their baby boomer counterparts and choose pre-packaged/pre-prepared foods 18 percent of the time, compared to 5 percent for baby boomers. But the data is a bit more complicated that this.

Millennials 130

Millennials Study Austin Comparison 130

PYMNTS

MAY 11, 2018

That’s one of the driving ideas behind a new service that Marriott International recently launched for Chinese travelers going overseas — a service that also helps to demonstrate how the country’s growing tourist class is changing payments and retail. Last year, the U.S.-based But mobile is only the beginning.

Retail 129

Retail Payments social media Mobile 129

PYMNTS

SEPTEMBER 8, 2020

Consumers are living in stressful times, and Patrick Gauthier , vice president at Amazon Pay , told PYMNTS in a recent interview that merchants working to prepare for retail’s new normal should start by addressing that. As long as retailers focus on creating such safe spaces, he said, “the future is bright.”. Gauthier said.

Innovation 223

Innovation Retail Millennials Tools 223

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

Apple 227

Apple Study Innovation Survey 227

PYMNTS

APRIL 9, 2020

consumers who had shopped in a physical retail location during the previous week. 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. Et tu , Millennials?

Mobile 140

Mobile Apple Cards Millennials 140

PYMNTS

NOVEMBER 16, 2020

PYMNTS fielded a national consumer study of 2,806 U.S. More than anything, though, this study sought to quantify how many U.S. In this, PYMNTS’ 14 th study of a national sample of now roughly 40,000 consumers since March on their sentiment about COVID and the digital behavioral shifts it has caused, we learned a lot.

Study 270

Study Retail Millennials Conference 270

PYMNTS

JULY 18, 2016

This newfound cost consciousness is reshaping the retail industry in everything from spurring the rise of fast fashion at the expense of mall “anchor stores,” to the increasing popularity of off-brands or store brands in the supermarket, to the shift in the apparel business, to off-price retail outlets over full-priced department stores.

Branding 100

Branding Retail Study Portland 100

PYMNTS

MARCH 7, 2017

A new study from the NPD Group revealed how changing consumer needs and the evolving retail marketplace contributed to increased online apparel sales in the U.S. The growth of online shopping was boosted during and immediately after the holiday shopping season, which the report identified as one of the biggest retail shifts in 2016.

Online 101

Online Retail Millennials Groups 101

PYMNTS

FEBRUARY 13, 2017

million last month to purchase the retail condo housing Murray’s flagship store, affiliated classrooms, as well as its catering and event operations. 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. percent of U.S.

New York City 123

New York City Millennials New York Online 123

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. percent of retail sales. Study data indicate that 73.1 The use of mobile wallets has remained flat, with only 5.9 percent of consumers with “the Pays” installed using them. 23 and Sept.

Apple 133

Apple Payments Study Mobile 133

PYMNTS

FEBRUARY 26, 2020

After Nordstrom and Macy’s recently launched high-end resale retail platforms, Gap has now joined them. And lest you think it’s a bit of desperation move for struggling retailers, guess again. Instead of receiving cash they get a credit with the retail partner. Resale is becoming mainstream.

Chicago 131

Chicago Retail Michigan Branding 131

PYMNTS

JUNE 28, 2016

Walmart has become the biggest grocery retailer in the U.S. 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 113

Millennials Groups Study Mobile 113

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

JUNE 1, 2020

Not surprisingly, to make consumers more comfortable shopping and checking out in their stores, retailers have rushed to enable a “ contactless ” payment experience. That’s likely why in PYMNTS’ national study of 14,000 consumers, more than half (58.6 This latest study of a national sample of U.S. population.

Cards 147

Cards Study Maine Payments 147

PYMNTS

MARCH 30, 2016

The $15 hourly minimum wage would be the highest in the nation, and the proposal represents a potential game-changer in the battle to raise the federal minimum wage, which currently stands at $7.25 an hour on Jan. 1, 2017, then to $11 an hour one year later and will see annual increases of $1 until reaching $15 an hour on Jan.

California 100

California Los Angeles South Dakota Retail 100

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

MARCH 5, 2017

And cash’s popularity isn’t limited just to retail purchases. PayNearMe allows consumers to pay bills with cash by visiting local retail partners like Family Dollar or 7-Eleven. Kaplan said that the company looks to partner with retailers like these because they combine to offer more than 8,000 locations around the U.S.,

Technology 100

Technology San Francisco Analysis United States 100

PYMNTS

NOVEMBER 23, 2017

In fact, for the last 154 years — ever since President Lincoln first enshrined a national day of Thanksgiving for the last Thursday of November in 1863 — turkeys accompanied by cranberry sauce and potatoes (both sweet and white) have consistently been served on dinner tables nationwide. farmer and the harvest they produce every year.”.

National 131

National Retail Survey Examples 131

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.

Mobile 100

Mobile Payments Los Angeles California 100

PYMNTS

NOVEMBER 10, 2016

Like many other big players in the physical retail space, the company is pushing hard in holiday 2016. on Thanksgiving in an attempt to capture the early bargain-hunting shoppers of the nation. “Of But of course, Target is one of many retailers open early on Thanksgiving — and one of many previewing their sales online.

Course 145

Course Groups Online Trends 145

PYMNTS

NOVEMBER 9, 2018

The biggest push for instant payments this year, however, has come from the nation’s largest retailer, Walmart. When PYMNTS and Visa spoke to consumers for the 2018 edition of the How We Will Pay study, the enthusiasm for being paid more quickly had clearly exploded among workers. Changing Worker Wants.

Payments 178

Payments Tools Retail Report 178

Independent Banker

AUGUST 9, 2016

Statistics are especially compelling for those trying to attract and maintain the millennial segment. As a group, millennials switch from their primary bank at a pace nearly double the average of other age groups, and they point to high fees and poor loyalty programs as the top reasons why they are dissatisfied with their banks (3).

Community 70

Community Millennials Community Bank America 70

PYMNTS

SEPTEMBER 16, 2019

This report — the third in our annual series — shows the results of a national study of 5,000 U.S. That is just one of five critical findings highlighted in How We Will Pay 2019 , a PYMNTS, Visa collaboration examining how consumers use a wide range of connected devices to shop and make purchases.

Report 188

Report Study Meeting National 188

PYMNTS

DECEMBER 24, 2019

Voice is the killer app of the connected commerce experience, according to the How We Will Pay: 2019 Edition study. The How We Will Pay study found that bridge millennials — a highly educated consumer segment that tends to earn relatively high incomes — own an average of six connected devices. 1: Voice — And Now, With Emotion.

Cards 160

Cards Payments Study Examples 160

PYMNTS

MARCH 2, 2020

Retailers often need additional coverage during peak holiday shopping periods, hospitals may need substitutes for nurses on paternity leave and construction companies might need to increase staff for sizable projects. The national unemployment rate fell to its lowest level since 1969 in April 2019 — 3.6

Cards 130

Cards ATM United States Payments 130

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. consumers during the last week of February 2020. Seven percent (7.4)

How To 232

How To Millennials ATM Fintech 232

PYMNTS

MAY 1, 2020

Millennial and Gen Z stereotypes often revolve around being tied to smartphones or computer screens, but these consumers love the outdoors just as much as their parents’ and grandparents’ generations. That also means retailers are missing out on selling the high-margin specialized equipment that drives much of their annual sales.

Millennials 141

Millennials social media Retail Guidelines 141

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.

Regional 28

Regional Mobile Millennials Study 28

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. Brands, retailers and payment providers are already preparing for the arrival of Gen Z as adult consumers. The retail chain recently launched three house brands geared toward its teen and young adult customers.

Millennials 112

Millennials San Diego Branding Study 112