PYMNTS

APRIL 5, 2019

In the latest staff report from the New York Federal Reserve , titled “Trends in Household Debt and Credit,” it is noted that one of the features of debt is that it can “provide access to assets.”. Against this backdrop, we find, then, that millennials do not embrace credit cards as readily as other groups of users.

Millennials 115

Millennials New York Fintech Cards 115

PYMNTS

DECEMBER 12, 2019

The obituary for brick-and-mortar retail has been written many times. But recent developments show there is still life — and perhaps even new life — in physical commerce. The results of a new survey found that most people — around 77 percent — plan on returning some of their gifts this holiday season, according to reports.

Retail 131

Retail Milwaukee New York City New York 131

PYMNTS

FEBRUARY 21, 2020

What Canada Goose did was invest in its North American sales by encouraging consumers to stress-test their current jacket and consider a new one even though the inventory for their obvious suggestion wasn’t front and center. It was created ostensibly to promote its new Toronto store. Experiential Retail Expands.

Retail 141

Retail Miami Millennials social media 141

PYMNTS

JANUARY 30, 2020

So-called fast fashion has been a big player in retail for years, but that part of the commerce-and-apparel world is facing some serious challenges. 30) from the Columbia Spectator , which covers news important to students at Columbia University and Barnard College in the global fashion capital of New York City.

Retail 142

Retail New York City New York social media 142

PYMNTS

MAY 20, 2017

Are millennials eating too many avocados on toast for their own good? The crux of the debate is this: are first- time home sales down because, given the choice of a two car garage and a yard in the suburbs, millennials have, en masse, decided they’d rather enjoy a more richly-delicious brunch experience, week in and week out?

Millennials 119

Millennials San Francisco New York New York City 119

PYMNTS

OCTOBER 7, 2020

By the time retailers get to Black Friday , they will have worked through almost two months of sales events – both proprietary and otherwise – from competitors ranging from Amazon to Target to Walmart. COVID-19 shows no signs of abating – in fact, fears of a second wave have already hit New York City, among other metro areas.

Millennials 241

Millennials New York City Retail Study 241

PYMNTS

JUNE 21, 2018

The old model of opening a retail store with merchandise as a main focus of the space may not appeal to today’s consumers – millennials in particular. They are also an experimental bunch, with 30 percent of them having tried a new merchant in the past month, according to the PYMNTS Connected Consumer Playbook.

Millennials 109

Millennials Fort Worth Los Angeles San Francisco 109

PYMNTS

APRIL 26, 2019

Floravere , for instance, opened its first brick-and-mortar location in New York City’s Tribeca neighborhood — a space that it says “reimagines shopping for one of the world’s oldest traditions.”. Beyond Floravere, other wedding retailers have opened up brick-and-mortar stores in New York City and its greater metropolitan area.

Branding 123

Branding Retail New York New York City 123

PYMNTS

SEPTEMBER 21, 2016

A little over a week after Tim Gunn excoriated the fashion industry for its plus-sized hostility, H&M has decided to pull plus-sized clothes out of all New York City locations, according to Revelist , an online news site aimed at millennial women. In the U.S. 2015, to $19.8 2016 to $20.4

New York 100

New York New York City Millennials Trends 100

PYMNTS

JUNE 7, 2019

It’s hard to tell from the PYMNTS New Orleans bureau (where crawfish have given way to punishing sub-tropical heat), but U.S. That, in turn, reportedly provides another opportunity for the emerging and growing legal cannabis retail sector. Take luxury retail , for instance. consumers are drinking less beer.

Retail 124

Retail Industry New York Millennials 124

PYMNTS

APRIL 24, 2017

On the slightly more serious side of the payments news this week, BJ’s Wholesale Club looks like it’s going up for sale — and the rumor of the week is that Amazon is thinking about buying it. The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. these days.

Millennials 109

Millennials Cards New York Branding 109

PYMNTS

SEPTEMBER 12, 2016

The rise of eCommerce , the push toward omnichannel shopping platforms, the increasing relevancy of social media on shopping habits and the development of the Internet of Things to plumb every last morsel of data on customers and what they spend money on are all rapidly and drastically altering the face of retail.

Retail 100

Retail Millennials Study social media 100

PYMNTS

MARCH 1, 2019

Brick-and-mortar fashion retailers are developing in-store experiences to encourage customer loyalty. markets, aiming to generate repeat visits as part of its experiential retail efforts. L Brands plans to close approximately 53 Victoria’s Secret locations this year as it curtails investments in new and renovated stores.

Branding 129

Branding Retail Columbus Las Vegas 129

PYMNTS

MAY 7, 2018

Popular in New York City, free drink tickets are sometimes handed to people who may know the owner or manager of a high-end bar. Through the app, members of Hooch’s subscription service can have one drink a day at around 500 select bar locations from New York to Hong Kong.

Millennials 102

Millennials New York City New York Survey 102

PYMNTS

SEPTEMBER 1, 2020

online wholesale retailer sometimes called “Costco for millennials,” is seeking a buyer, Reuters reported. Boxed, based in New York, offers sales of fresh groceries, office supplies and more. Boxed , the U.S.

Online 205

Online New York Millennials Maine 205

PYMNTS

JULY 8, 2019

In a new PYMNTS interview, Andrei Cherny, CEO at Aspiration Bank, shares with Karen Webster his experience in building this new retail banking concept over the last four years. What we’ve really done is create this category of socially conscious, sustainable retail banking that really didn’t exist before,” Cherny said. “We

Retail 116

Retail New York City Millennials Boston 116

PYMNTS

DECEMBER 26, 2019

But before we shut the door on 2019, it bears taking a moment to note how much the world of retail has changed in the last year, a fitting capstone on a decade that has seen retail as the American consumer commonly knew it taken to the ground and rebuilt nearly from the foundations. Lesson 1: Think Big . “We

Retail 135

Retail Branding Course Charlotte 135

PYMNTS

AUGUST 28, 2018

What about retail stores, restaurants and hotels? Technology is making it easier for the workforce to put in the daily eight (or 10, or 12) hours from their own homes, but another change is taking place: Using commercial space left behind by retailers, or in eateries or hotels, as communal areas of work. WeWork Efforts.

Retail 101

Retail New York City Arizona United States 101

PYMNTS

JULY 8, 2020

Bloomberg also reported that page views for Zillow’s suburban listings outside of formerly hot urban areas like New York City and San Jose, Calif., There’s [also] a lot of demand for rental homes that we’re seeing because people are fleeing especially hot spots like New York.”. rose as much as 10.5 million U.S.

New York City 144

New York City San Jose New York Seattle 144

PYMNTS

JUNE 11, 2018

But at roughly the same time that Markle was modeling their wares at a royal gathering, Club Monaco was doing something designed to perhaps push an even greater “pop” for their retail presence than the enthusiasm of a princess (or, technically, duchess). Pop-up stores.

Retail 101

Retail Los Angeles Branding New York 101

PYMNTS

FEBRUARY 11, 2020

Called See You Tomorrow , its “re-commerce experience” will include an online marketplace and brick-and-mortar location housed in the Nordstrom New York City flagship store on 5th Avenue. percent of StockX sales had a retail multiple of 1x to 2x , meaning that resale prices were between zero and 100 percent over retail.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

JANUARY 11, 2021

For grocery workers, who are deemed in the “essential” retail category, relief has been slow in coming. 11), New York State became the first to act on behalf of them. New York’s vaccine eligibility pool has been expanded to include grocery store workers, among other groups, according to the state’s Department of Health.

Millennials 154

Millennials Los Angeles Sacramento New York City 154

PYMNTS

DECEMBER 15, 2019

More consumers are creating their own gifts, opting for experiences, gifting and receiving used goods, asking for charitable contributions, or asking for nothing during the holiday season , The New York Times reported. Most reportedly purchased new merchandise. Analysts started to notice the trend at the time.)

Survey 140

Survey US New York Millennials 140

PYMNTS

DECEMBER 7, 2018

Big retailers are opening smaller-format stores in major U.S. Already, the retailer has opened a Planning Studio across the pond in London in October. In the announcement, IKEA Retail U.S. He noted that New York was a “natural choice” as it is “the most vibrant, dynamic city in the US.”

Retail 122

Retail San Francisco Arizona Los Angeles 122

PYMNTS

DECEMBER 15, 2019

More consumers are creating their own gifts, opting for experiences, gifting and receiving used goods, asking for charitable contributions, or asking for nothing during the holiday season , The New York Times reported. Most reportedly purchased new merchandise. Analysts started to notice the trend at the time.)

Survey 131

Survey US New York Millennials 131

PYMNTS

JUNE 2, 2016

Dormify, a dorm decor startup, seems to have cracked the email marketing code for millennials and Gen Z buyers. The New York-based e-tailer has seen a 92-percent increase in revenue from email marketing and has doubled its web conversion rate.

Millennials 100

Millennials Marketing social media Strategy 100

PYMNTS

MAY 25, 2018

Today, you can find a Marine Layer location in New York, L.A., Portland, Seattle, Lexington, KY, New Orleans, Brooklyn — the list goes on, but it is safe to assume that if the city has a reputation for attracting millennials, it probably has a Marine Layer store somewhere nearby.

Portland 100

Portland Retail Chicago Branding 100

PYMNTS

MAY 13, 2016

With traditional brick-and-mortar retail facing big problems , some chains are addressing them with small solutions. Is this a viable answer to the beating that Sears’ bottom line (and that of many other one-time stalwarts of brick-and-mortar retail) have been taking in recent years? Specifically, with small(er) stores.

Retail 100

Retail San Diego Los Angeles Colorado 100

PYMNTS

DECEMBER 9, 2019

Macy’s is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses, Macy’s said in a press release on Thursday (Dec. The retailer is opening SoGifted shops in its flagship Manhattan store and six other locations. Asia Pacific and Europe. Lauderdale.

Las Vegas 136

Las Vegas San Antonio New York City Detroit 136

PYMNTS

JUNE 21, 2019

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. Pablo Sanchez, who is the head of retail banking and wealth management for HSBC in the U.S.

Chicago 120

Chicago New York City Florida Miami 120

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. Contextual Commerce. Habibi asked.

Google 144

Google New York social media Retail 144

PYMNTS

DECEMBER 5, 2017

According to news from Bloomberg on Monday (Dec. 4), SoulCycle recently launched a line of workout clothing in collaboration with New York City-based streetwear company Public School. Past SoulCycle retail collaborations have included Free City, Solid & Striped LLC. and Target Corp, among others.

New York City 133

New York City Retail Branding New York 133

PYMNTS

JANUARY 15, 2020

Millennial consumers are a mobile group – according to data analysis by FiveThirtyEight , the average millennial makes 12 moves between moving out of their parents’ home at college graduation and buying their first home. Why would you want to be saddled with furniture?”.

Millennials 131

Millennials Pennsylvania New York Groups 131

PYMNTS

AUGUST 22, 2018

This week, luxury online marketplace Farfetch filed to list its shares on the New York Stock Exchange (NYSE) at a valuation, rumored by outlets such as CNBC, to be as much as $6 billion. We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers.

Online 101

Online Retail Branding Data 101

PYMNTS

FEBRUARY 28, 2018

After experimenting with pop-up shops, mattress retailer Casper has decided to open a permanent store. The company’s first brick-and-mortar location will be in New York City, The Washington Post reported. The news comes after Casper opened 15 pop-up shops across the U.S. in October.

New York City 100

New York City Los Angeles New York Chicago 100

PYMNTS

SEPTEMBER 19, 2019

Tru Kids CEO Richard Barry in a statement, according to the outlet, “We believe this live experience coupled with our new experiential retail stores will attract families from around the world and create a unique opportunity to rediscover the magic of this beloved family brand.” And it had roughly 1,600 stores globally.

US 101

US San Francisco Michigan Atlanta 101

PYMNTS

FEBRUARY 6, 2019

Jet is the first to have a slew of different Knick Knacks for same-day or following-day delivery across the New York City area. Walmart acquired Jet in 2016 in an aim to target urban areas and millennials with spending power, which are two markets that Walmart would like to penetrate. “We

New York City 135

New York City New York Millennials Retail 135