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. Revenue from millennials and younger age groups topped $50 million, an increase of 77 percent. out of 10 on “likelihood to recommend.”. “The

Online 164

Online Retail Millennials Analytics 164

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. Payors surveyed stated that they made only 45 percent of all their disbursements via non-instant payment methods, in fact.

Millennials 239

Millennials Payments Lending Study 239

PYMNTS

MAY 19, 2020

That trend was particularly pronounced among older “bridge millennials,” who on average owned six separate connected devices, not counting their phones. According to PYMNTS’ latest consumer data on the subject, 47 percent of millennials have shifted their routines online, while 45.1 percent of bridge millennials have done so.

Technology 205

Technology Millennials Retail Report 205

PYMNTS

MAY 21, 2020

That consumers have relocated their lives online in response to the pandemic is an easily visible fact when you look at earnings reports that successful retailers are releasing. percent of millennials have gone online to manage their retail lives during lockdown and plan to at least partially continue doing so in the future.

Millennials 171

Millennials Survey Online Retail 171

PYMNTS

NOVEMBER 3, 2020

Schools and universities will be allowed to continue to operate, but all bars and restaurants must close except for takeout and delivery. Helen Dickinson, chief executive of the British Retail Consortium, expressed concern that the latest round of U.K. According to the study, bridge millennials engage in 14.1 How We Shop Now .

Millennials 146

Millennials Data Study Survey 146

PYMNTS

MAY 5, 2020

With the retail industry sliding into Mother’s Day in just a week, the return issue is bound to raise its head. Some stats around the issue show just how substantial it is for retailers. And if a retailer charges too much (or charges at all) 57 percent of millennials will bail on future business. Now add a pandemic.

Policies 185

Policies Retail Study Washington 185

PYMNTS

JANUARY 3, 2017

Retail is a dog-eat-dog world, operating at times on the thinnest of margins. In a recent survey by Vantiv and Socratic Technologies, across 500 consumers, findings indicated that these buyers held, on average, 2.1 Rewards can help lure customers to a brand and keep them there. credit cards, 1.3 debit cards and 1.3

Retail 137

Retail UX Cards Branding 137

PYMNTS

SEPTEMBER 29, 2020

Fifty percent of businesses say manual processes, sluggish payments and high operating costs have made managing accounts receivable departments nerve-wracking over the last six months. Why Millennials And Gen Z Could Save 2020's Holiday Shopping Season. consumers will do.

Payments 148

Payments Apple Survey Seattle 148

PYMNTS

JANUARY 22, 2020

But direct-to-consumer (DTC) retail is undergoing some significant changes, which could help strengthen DTC activities for years to come. Personalization is among the trends gaining fuel in the DTC world, reflecting larger changes in the retail world. Don’t call it a makeover, not yet. DTC Analytics. The company has raised $5.6

Los Angeles 131

Los Angeles Analytics Retail Survey 131

PYMNTS

NOVEMBER 21, 2018

A new survey of small business owners suggests that small businesses are struggling to find the right targets for their technology investments. 20) found that small businesses are overlooking technologies that their customers want or that may improve their operations, including chatbots and artificial intelligence (AI). ”

Study 129

Study Survey Leadership Millennials 129

NCR

FEBRUARY 16, 2016

And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. More than any other generation, Millennials experience life, work and business through technology and they expect seamless interactions regardless of location.

Millennials 40

Millennials Study Retail Community Bank 40

PYMNTS

MAY 4, 2017

As many as 56 percent of those surveyed said they were using cash as frequently as they did a year ago; 23 percent were using it more often. As for demographics, Pierce stated that tech use does indeed skew younger, but that millennials do use a hybrid of cash and digital payments.

ATM 192

ATM Millennials United States Study 192

PYMNTS

JULY 7, 2020

For example, Afterpay, which operates in the United States, United Kingdom, Australia and New Zealand, recently reported that it served 4.4 For example, a recent survey shows that one in three millennials have added to their credit-card debt since the pandemic’s onset. users are millennials or from Generation Z.

United States 131

United States Millennials Examples Cards 131

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 better than any other “Pays” we surveyed. Same-store sales grew by 2.7

Retail 128

Retail Mobile Strategy Digital Strategies 128

PYMNTS

NOVEMBER 5, 2019

Wainwright noted that the first step in automating its inbound operations involved pricing. Wainwright noted that the company expects to see steady increases in the share of items that have automated copy and retouching, which will support improvements in inbound operations unit cost and increase the scalability of its operations.

Millennials 101

Millennials Retail Exercises Branding 101

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

MAY 1, 2020

Over 38 percent of consumers are now buying retail goods and groceries online more often than they did before, and 11.3 Yet less than a third of Main Street small and medium-sized businesses (SMBs) are adapting their operations to meet consumers’ post-pandemic expectations.

Maine 141

Maine Millennials Payments Analysis 141

PYMNTS

MAY 20, 2019

Kiosks are increasingly becoming part of the retail landscape. As reported in the latest Unattended Retail Tracker , done in partnership between PYMNTS and WorldNet Payments, unattended retail is gaining traction worldwide, on the heels of growth in consumer demand and as employers look to increase their operating profits.

San Francisco 170

San Francisco Retail Philadelphia Cards 170

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

OCTOBER 9, 2018

Omnichannel features are becoming more crucial as tech-savvy millennials gain more spending power and influence, according to the PYMNTS Enterprise Retail Grocery Report. According to Gallup’s “Consumption Habits” survey last year, only 9 percent of adults in the U.S. purchased groceries online at least once a month.

Seattle 139

Seattle New York Milwaukee Online 139

PYMNTS

FEBRUARY 11, 2020

For See You Tomorrow, Yerdle will power all backend operations including cleaning and repairing of product, inventory processing and fulfillment, pricing and authentication. percent of StockX sales had a retail multiple of 1x to 2x , meaning that resale prices were between zero and 100 percent over retail. It says some 57.5

New York City 124

New York City Marketing New York Los Angeles 124

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. Source: PYMNTS.com survey of 2,683 consumers conducted between Nov.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

AUGUST 10, 2020

Consumers have been using internet technology for everything from nonessential health services to ordering from restaurants in the last few years, especially shopping more frequently online for retail products and groceries. We surveyed more than 5,000 U.S.

Report 228

Report Payments Millennials Cards 228

Gonzobanker

AUGUST 10, 2023

This summer in strategic planning meetings across the country, bankers will need to deal with some critical realities: Reality #1: There’s no turning back from the hybrid workplace According to Build Remote, 77% of the Fortune 100 companies are operated under a hybrid working model.

Leadership 147

Leadership Training Meeting Michigan 147

PYMNTS

JUNE 22, 2017

They lack bot armies, custom POS scraping software or cool names like Operation Deep Panda — or Vladimir Putin comparing their crimes to works of art. Somewhat less surprisingly, the most affluent tier of shoppers surveyed were the biggest spenders; those who make over $100K per year spend the most per month, with an average of $298.

Online 134

Online Fraud Retail Survey 134

PYMNTS

DECEMBER 21, 2016

Americans, especially millennials, are hungry for restaurant innovation. According to a report on restaurant technology usage from Technomic, 79 percent of restaurant customers surveyed agree that technology improves their experience at an eatery. A new kind of tableside service.

social media 100

social media Survey Retail Technology 100

PYMNTS

NOVEMBER 21, 2017

Open Banking will make a transformational change to banking for personal customers and small businesses,” said Alasdair Smith, the CMA’s chairman of the retail banking investigation, when the group announced its findings earlier this year. A separate survey conducted by U.K. A survey released last year by Visa U.K.

Fintech 115

Fintech Millennials Meeting Innovation 115

PYMNTS

OCTOBER 13, 2016

Since Walmart is the nation’s largest retailer, operating more than 11,000 stores globally and 4,300 in the U.S. alone, and takes in about $480 billion in sales annually, the insight into the retail giant’s average customer is particularly interesting and comes about thanks to Kantar Retail , a retail analytics and consulting firm.

Retail 100

Retail Comparison Millennials Analytics 100

PYMNTS

NOVEMBER 26, 2018

Nearly three-quarters – or 73 percent – of surveyed consumers who use apps to purchase gas say they are likely to shop at the station’s convenience store. Sixty-two percent of bridge millennials say that if an app is convenient, they might use it to pay at a gas station. Almost half – or 49.4

Marketing 153

Marketing Mobile Millennials United States 153

Celent Banking

JANUARY 24, 2017

Millennials this…”, “Small businesses that…”, Community banks are…”. the figure below displays results a very question posed in a December 2016 Celent survey of North American financial institutions. “Compared to your current branch count, how many branches do you expect your institution will operate five years from now?”

Community Bank 100

Community Bank Community Survey Mobile 100

PYMNTS

JANUARY 15, 2019

As many as 73 percent of those surveyed said that it remains difficult to gather the funding needed to get a business off the ground. 30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally. And 61 percent of those queried said they self-funded their business.

Atlanta 189

Atlanta New York social media Community 189

PYMNTS

AUGUST 21, 2018

Chevron, which operates approximately 8,000 gas stations in the U.S. Millennial Promise. percent of 10,000 survey respondents consider having the ability to pay for gas to be “very” or “extremely” important. million more downloads annually. Other Activity. But convenience does count, at least with younger consumers.

Payments 116

Payments Millennials Study Mobile 116

PYMNTS

JULY 11, 2016

Cat & Jack is Target’s newest vision — a line of baby and kids clothes, approved by kids, featuring funky colors and cooler cuts — and it is a big move on the rapidly growing market for kids clothes among newly reproducing millennials. A quick survey of Target’s pricing indicates it is 30 percent to 70 percent cheaper.

Millennials 100

Millennials Retail Houston Guidelines 100

PYMNTS

NOVEMBER 4, 2019

In addition, Early Warning Services, the network operator behind Zelle, announced that $49 billion was sent through the Zelle network on 196 million transactions during Q3 2019. It is rolling out a cash-back rewards program for its Venmo Mastercard debit card at certain retailers, as announced in a press release.

Groups 101

Groups Payments Mobile Dallas 101

Banking 2020

NOVEMBER 27, 2015

That’s why digital capabilities have revolutionized every industry from retail and healthcare to banking—if the same services can be had from half a world away, and for a lower cost, why not avail of them? No one understands this trend better than those pesky millennials. Some online-only startup, with operations based overseas?

Millennials 40

Millennials Survey social media Online 40

PYMNTS

APRIL 2, 2018

According to a recent survey from the Boston Consulting Group (BCG), profits among the world’s corporate banking institutions is significantly declining – but digitization could halt that trend. But a survey published last week, conducted by Unisys Corporation, suggests banks are struggling.

blockchain 171

blockchain Lending User Experience Mobile 171

PYMNTS

JUNE 30, 2017

Unisys VP Paul Gleeson told Investopedia that many millennial employees are already using their own private voice assistants, and those assistants have already learned their owner’s language, culture, moods and accent. Across the pond, Germany will apparently see no such thing.

Google 115

Google Study Survey New York 115