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How Millennials Are Propelling Halloween To New Retail Heights

PYMNTS

Retailers are set to clean up this Halloween, as 2017 is looking to be a record-setter for consumer spending during the holiday. That growth appears to be driven by millennials, with responses to a recent Citibank poll indicating survey participants between the ages of 18 and 36 expect to spend 2.5 billion, up 8.3 billion, up 8.3

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The Millennial-Driven Evolution Of Jet.com

PYMNTS

To get more millennials on board, the Bentonville, Arkansas-based retailer is rolling out offerings designed to attract younger, well-to-do consumes in urban areas. That service option ups the ante for speed and flexibility through Jet.com, as the retailer previously had a relatively early 9 a.m. cutoff for same-day deliveries.

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New Ways To Buy Candles And Explore Cuisines With Retail

PYMNTS

And in online shopping, eCommerce retailers such as eat2explore are helping to introduce families to new cuisines with boxes of recipes, spices, sauces and grains, among other items. 25 percent: Approximate share of millennial women who report buying 10 or more scented candles a year. All this, Today in Data.

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Why Goodwill Regions Are Tapping Into Digital Marketplaces

PYMNTS

To bring their merchandise in front of millions of shoppers through eCommerce, several Goodwill regions are teaming with mobile marketplace OfferUp. With the tie-up, the items are listed under handles for regional Goodwill locations. Shoppers can then buy products that can be picked up at a local store or delivered to them.

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The Trends Driving Retail Into The New Decade

PYMNTS

Change came from various areas for retail in 2019. Retail merchandising was, at best, a hit-or-miss system in its heyday, Nextail CEO and Co-Founder Joaquin Villalba told PYMNTS in a recent conversation. Analytics, too, was another hot spot for retail change in 2019 and will continue to be for the 2020s. Role of Data.

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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. In a bit of granular detail, the authority will offer up two “full bank” licenses, which will allow non-banking companies to offer a gamut of services, including taking on deposits from retail customers.

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Capital One Halts BNPL Transactions On Its Cards

PYMNTS

BNPL transactions allow users to pay for merchandise across several installments interest-free, while also paying the retailer in full at the time of the sale. The sector, which includes Australia’s AfterPay, Sweden’s Klarna, Canada’s Affirm and others is exempt from consumer credit laws in most regions of the world.

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