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Nordstrom Tempts Millennials With Snapchat Presence

PYMNTS

“Improving engagement” has become just another platitude in retailers’ back pockets as they figure out which channel of the increasingly fragmented online world they should focus on, but Nordstrom may have struck gold with a new Snapchat-centered production.

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Trick Or Treat (Payments And Commerce Style)

PYMNTS

Retailers are stocking up to supply children, pets and adults with their favorite decorations, candy and costumes for the season.”. More than 31 million Americans plan to dress up their pets this year for Halloween, with millennials leading the pack, so to speak. When it comes to categories, consumers are intending to spend $3.2

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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

Not only do gift cards stand as the most popular holiday present, according to the National Retail Federation and other sources, but a Blackhawk Network survey found that “44 percent of consumers surveyed are interested in receiving a gift card to play the lottery, while 43 percent would be interested in giving a lottery gift card.”.

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Grocery Tracker: Discount Games

PYMNTS

Over a year of research, development and beta testing, Shopkick Grocery was found to increase consumer basket sizes to $59 in grocery, drugstore and retail spend per trip versus the $32 national average. Retail brands and partners for Shopkick include Best Buy, Clorox, Nestle and Starbucks, among others.

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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” Bankrate found 83% of millennials don’t think they’ll ever retire: they simply “don’t think they’ll have the money” to do so.). In aggregate, they command $1.3 trillion in annual spending.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

Retail: Shopping goes even more online as grocery joins the e-commerce revolution. Retail: Shopping goes even more online as grocery joins the e-commerce ranks. Prior to Covid-19, the online grocery market was a high-growth sector dominated by major retailers, such as Amazon and Walmart. Remote learning technology. 3D printing.

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