PYMNTS

AUGUST 17, 2017

It can be argued that some of the toughest buyers to keep in mind when planning out retail strategies are teenagers. With each passing decade, the buying patterns of teens undoubtedly and unequivocally see a shift alongside the advances in technology.

Retail 127

Retail social media Online Mobile 127

PYMNTS

AUGUST 17, 2017

It can be argued that some of the toughest buyers to keep in mind when planning out retail strategies are teenagers. With each passing decade, the buying patterns of teens undoubtedly and unequivocally see a shift alongside the advances in technology.

Retail 114

Retail social media Online Mobile 114

PYMNTS

APRIL 26, 2019

Direct-to-consumer wedding brands are opening stores in real life — and personalizing the customer experience within them through digital technology. Floravere Co-founder Denise Jin said in an announcement , “With our New York Flagship, we’ve created a retail experience that reflects how our bride actually shops: from IG to IRL.

Branding 123

Branding Retail New York New York City 123

PYMNTS

JANUARY 14, 2019

It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

Retail 198

Retail Online Mobile Data 198

PYMNTS

AUGUST 9, 2016

A new study by The NPD Group found that anything related to health and wellness ­­— like wearable technology , basketball gear, sweats and active bottoms (AKA exercise pants), running products, outdoor sports and toys, running gear, portable beverageware — were among the fastest-growing retail categories between Dec. 2014 and Dec.

Retail 100

Retail Study Millennials Exercises 100

PYMNTS

FEBRUARY 14, 2020

large luminary technology firms tend to take their time getting to their initial public offerings (IPOs). We went public when we had about 100 retailers signed on and 30,000 customers, so really early in the process. In the U.S.,

Millennials 159

Millennials Retail Management US 159

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

MARCH 23, 2018

The founder of Toys R Us passed away yesterday (March 22) at the ripe old age of 94, barely a week after news broke that the toy chain would be closing its doors for good. Millennials across America singing “I’m a Toys R Us kid” in as solemn a fashion as possible this week are a testament to that. Toys R Us Is Born.

US 122

US Industry Washington Millennials 122

PYMNTS

DECEMBER 24, 2020

billion — not bad, but far below what other major online retailers are seeing. Lemonade focuses on selling renters’ and homeowners’ insurance via an app that’s geared toward millennial and Gen Z consumers. They're led by smart people who want to embrace new technologies, but they're really hamstrung by legacy systems.".

US 230

US Company Report Payments 230

Perficient

JANUARY 12, 2021

Forrester noted that 53% of the US retail industry planned investment in AR in 2020 because they know it assists consumers in making purchase decisions. It seems that businesses and customers truly are at a new inflection point with this technology and opportunities are available for brands. So, is now the time for AR?

Customer Experience 538

Customer Experience Branding Video Online 538

PYMNTS

MARCH 5, 2019

The department store retailer reported revenues of $6.8 And, according to a statement from Kohl’s, the retailer ended its fiscal year with 1,159 brick-and-mortar locations in 49 states. Rewards and Millennials. billion and earnings per share of $2.24 compared to analysts’ estimates of $6.6 billion and $2.18

Millennials 148

Millennials Philadelphia Chicago Retail 148

PYMNTS

FEBRUARY 26, 2019

According to a report in Fintech Futures , HSBC started the beta test with 15 retailers in Hong Kong. They can now accept payments from customers that use HSBC’s eWallet. In the early part of 2017, HSBC announced the new payment app, geared toward millennials in Hong Kong who also wanted social media built in.

social media 178

social media Millennials Fintech Retail 178

PYMNTS

JUNE 7, 2019

The company plans to use the funding to boost its technology for recommendations and images, as well as to expand in the U.S. Depop is targeted at millennials and members of Generation Z, with 90 percent of its active users aged 26 and under. The startup raised $40 million in the last round of funding.

US 100

US Millennials Trends Capital 100

PYMNTS

OCTOBER 10, 2017

Consumers, small businesses, retailers, merchants or digital partners – we spend a lot of time trying to understand their possible pain points, and bring them back to the teams here to get busy trying to solve the problems.”. Hot Desks, A La Carte. The system then charges the payment method specified in Masterpass. Friction-Free Checkout.

Retail 101

Retail San Francisco Course Millennials 101

PYMNTS

DECEMBER 4, 2018

That comes as digital payments are entering the mainstream, driven by technology and demographics. This all should serve as food for thought as the holidays are upon us. The Millennials Cometh. Webster noted that along with technology, the demographics picture is shifting a bit. There’s a wrinkle here, though.

Payments 191

Payments Millennials Cards Course 191

PYMNTS

SEPTEMBER 16, 2019

Retailers scour social media to find influencers and designer bellwethers to turn trends into sales. In the payments ecosystem, we need look no further than the bridge millennial for how the connected purchasing experience will evolve over the next decade. Pundits identify bellwether states to predict election outcomes.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

DECEMBER 22, 2018

No matter what, though, the present and future of real Christmas trees — even if bought in a weekend frenzy — owes much to digital technology, eCommerce and the consumer preferences of younger buyers. That is helpful especially for “millennial and Generation Xers,” he said. Christmas Tree Landscape. consumers bought some 27.4

Industry 134

Industry Millennials National Online 134

PYMNTS

DECEMBER 20, 2019

In the 1930s, in the era of the Great Depression, when consumers had little extra cash, retailers nationwide came up with an innovation to make it easier for people to shop without having to pony up cash right away. Wanting to be able to go and buy what you want, when you want or need it, isn’t just a millennial trait,” he pointed out.

Millennials 137

Millennials Retail Tools Branding 137

Jeff For Banks

JULY 5, 2022

I'm Gen X, the forgotten generation because we're a tad smaller than the generation above and below us. Then came this bubble generation they named millennials. Ever call your millennial child only to get a text back asking "what?" There is a fintech firm, SoFi, that was born in 2011, that focuses on millennials financial needs.

Millennials 78

Millennials Community Pennsylvania Community Bank 78

PYMNTS

FEBRUARY 23, 2018

The ubiquity of mobile and credit card payments is enabling us to begin an exploration of cashless stores in the U.S,” Starbucks CEO Kevin Johnson said during a recent earnings report. “By They’ve done a good job of connecting with the millennials and Gen Z.”. Burger King’s $9.3 Market Differentiation.

Online 101

Online US Payments Mobile 101

PYMNTS

FEBRUARY 17, 2020

Dallas-based busing line Greyhound is all too familiar with such problems, prompting it to implement advanced learning technologies to secure ticketing. Greyhound’s digital push comes as more consumers — many of them millennials — are demanding added affordability, convenience and safety from travel companies.

Security 141

Security Tools Fraud System 141

PYMNTS

OCTOBER 7, 2019

“In today’s highly competitive financial services environment, institutions can no longer rely on dated or stagnant technology to grow their business,” said David Mitchell, president of NYMBUS. NYMBUS, a provider of cloud-based core technology for financial institutions, was founded by Scott Killoh in 2015.

Miami 109

Miami Digital Banking Branding Meeting 109

PYMNTS

JANUARY 24, 2020

However, government bodies are unable to innovate at the same breakneck pace as retailers or other consumer service industries, as they must adhere to complex regulations, and ensure that their software is not leaving partners behind. Payment Challenges Stall Government Innovations . Check fraud affected 70 percent of U.S.

Payments 130

Payments US Fraud Innovation 130

PYMNTS

NOVEMBER 6, 2020

Meanwhile, millennial consumers have drastically picked up the pace of their home buying. Pushed by all of that suddenly exploding demand, the real estate market (particularly the digital retail market) has been booming. Also, continued investment in technology is enabling people to do more of their shopping and transacting online.

Video 210

Video Millennials Tools Marketing 210

PYMNTS

FEBRUARY 4, 2020

Pine Labs , which started as an offline retail payment provider in 1998, has since evolved to become a payment acceptance, stored value and in-store customer credit company that enables consumers to opt into installment payments plans online or at the point of sale in a physical store. It can literally now be point, click, use,” Khoja said.

Austin 186

Austin Cards Marketing Mobile 186

PYMNTS

AUGUST 1, 2018

This will be one of the largest-scale attempts by a retailer to use shops to fulfill online orders. Zara, whose Spanish parent company, Industria de Diseño Textil (Inditex), is the world’s largest fashion retailer by sales, expects to complete the transformation by the end of the year.

Online 100

Online Millennials Retail Mobile 100

PYMNTS

SEPTEMBER 11, 2018

These stores … will really help us further consolidate our share as we move forward.” In the past, I brought the new technology and differentiation to the flagship model and then moved to the mid-end. Koh said the idea is to cater to more millennials with the lower-end phones. “So

Samsung 100

Samsung Millennials Mobile Innovation 100

PYMNTS

MAY 29, 2020

Civilization has progressed enough that many of us know it’s wrong to demonize a group of people due to a personal characteristic, as it isn’t based on evidence or reason, and it simply shows base prejudice. Retailing 2020: Five Things To Watch. Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash .

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

MARCH 10, 2017

What if we were to tell you that retail shopping isn’t dead? We live in a time of extraordinary technological change,” Powell said. “We Which leads us to the SEC decision, which is all about bitcoin like that other c-word: commodity. Bricks and Mortar , Alive? That there may be a spark of life in the bricks and mortar model?

Bitcoin 122

Bitcoin Retail Security Maine 122

NCR

JUNE 24, 2016

Whether it’s the development of a wide range of new mobile wallet technologies or using a smartphone to directly make an in-store payment, it’s forecast that this will be the face of many everyday payments sooner rather than later. One of the biggest buzzwords in the payments sector right now is mobile.

Mobile 61

Mobile US Marketing Payments 61

PYMNTS

JULY 15, 2016

When Amazon, the largest retailer by market cap, says that it had its best day ever , it’s hard not to call that a sizzle – and then some. Remember, Lending Club’s claim to fame, as all of the online lenders, was their technology prowess at building systems that could take data and mash it up and make better decisions, faster.

Retail 100

Retail FDIC Bitcoin Lending 100

PYMNTS

DECEMBER 31, 2020

How ‘Contact Us’ And The Kardashians Ignited Afterpay In The US. When you look at the spending graphs for millennials at that time, debit was growing at twice the speed of credit, but the average order value was much lower, which correlates with the lower disposable income in the demographic at the time,” Molnar noted.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

APRIL 11, 2019

That’s not to put a romantic spin on an illegal and often dangerous activity, but how many of us have stories from high school about swiping some schnapps from Daddy’s basement bar, or fooling the liquor store clerk with a fake ID? Jumio’s authentication technology asks for those ID details and requests that the shopper submits a selfie.

Online 169

Online Retail Regulation Maine 169

PYMNTS

JUNE 12, 2019

OfferUp Senior Manager of Business Development Daniel Azoulai said in an announcement for the partnership, “More than half of OfferUp’s 44 million annual users are millennials, and as our most engaged customers, are incredibly aware of their impact on the planet and the value of recommerce.” for sellers and buyers.

Regional 145

Regional San Antonio San Francisco New York 145

PYMNTS

MARCH 15, 2018

Toys R Us vs. The Retail Death Spiral . When Toys R Us first announced its bankruptcy a little under six months ago, it was with an almost upbeat tone: The move would allow the firm to refashion both its capital and operating structures and hit a reset on the business. Winner: The Retail Death Spiral.

Payments 108

Payments Millennials US Fraud 108

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. This year in the US, JP Morgan launched mobile banking app Finn and Goldman Sachs’ retail banking arm Marcus crossed 1.5M Incumbents Play Catch-Up.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

MAY 16, 2019

APIs, AIs and technology are important advances, he said, but they’ve invested heavily in a human customer service team to work alongside them. It is clear they want to talk to us, and we think the ability to have a human-to-human interaction is a major differentiator from our competitors. Technology in Tandem With Human Workers.

Millennials 172

Millennials US System Security 172