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Toys”R”Us, Millennial Moms And In-Store Omni — Oh My!

PYMNTS

Mothers have always been a desirable retail demographic. In the days when mom (and only mom) balanced the checkbook, retailers that could influence her purchasing decisions often had an entire family’s disposable income at their, well, disposal. As it is in nearly every other generational subsection, millennial moms love mobile.

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Despite Papyrus’ Closing, Stationery Retail Is Not All Doom-And-Gloom

PYMNTS

New evidence of that — part of the broader trend of the existential changes in the world of brick-and-mortar retail, changes that are gaining more focus this month — comes from reports that stationery chain Papyrus is closing up shop. The chain had since expanded to some 260 or so retail locations. Millennials to the Rescue.

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What’s Under The Millennial Christmas Tree This Year?

PYMNTS

All that’s left now, more or less, is the rush of returns that will all but overwhelm some retailers. Christmas Eve is upon us, and the last gifts are making their way from basements, attics and bedroom closets to stockings and trees. Sneakers used to be functional, but now, they are part of who you are,” he added. Top Sellers.

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Afterpay US CEO On The Changing Face Of Luxury In A Post-Pandemic World

PYMNTS

Consumers were already changing their retail preferences before anyone had heard of COVID-19, let alone had their life utterly upended by it. This vastly accelerated retail realignment presents challenges — and opportunities — for retailers of all kinds, particularly those dealing in luxury goods, Molnar said.

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The Newly Digital Consumer That 2020 Created 

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The last eight or so months of living life amid the pandemic have created an opportunity for consumers to make major changes to both where and how they shop – changes that many are planning to stick with , even after COVID-19 is behind us. 52% : Portion of customers who have made a purchase with new retailers since the pandemic began.

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Alphabet’s New CEO, Millennial Black Friday Spending And Digital Drivers’ Licenses Top This Week’s News

PYMNTS

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. UK Digital Bank Monzo Taps Visa Exec as US CEO. operations. Millennials Were Black Friday’s Big Spenders in 2019. Top News .

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Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds

PYMNTS

As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. The age of personalized service is upon us. The other three licenses would allow companies to offer corporate banking services to smaller firms and to serve non-retail customers as well. Circling back to the U.K.,