PYMNTS

FEBRUARY 14, 2020

We have deep dives into unattended retail, rapid settlements and cybersecurity, as well as news on Mastercard receiving the go-ahead from China’s central bank to set up a bank clearing business. NEW DATA: Consumers Like Cashier-less Retail But Retailers Aren’t Hitting The Mark. Trackers and Reports. million consumers or 6.9

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

OCTOBER 6, 2020

With the busy holiday season upon us, we are proud to offer a truly multi-channel payment solution that has proven to bring new customers and increased sales to our retail partners,” Afterpay Global Chief Revenue Officer Melissa Davis said in the announcement.

Millennials 200

Millennials Retail United States National 200

PYMNTS

SEPTEMBER 11, 2019

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.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

JANUARY 30, 2017

Target is not the first retailer to go to market with a mobile payments app. Millennials — Target’s main user base — are also mobile payments’ most likely users. According to eMarketer data, about a third of millennial smartphone users will use mobile payments this year.

Millennials 100

Millennials Mobile Payments United States 100

PYMNTS

MARCH 2, 2020

s most high-profile retailers is doing well in the U.S. and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. s fastest growing brick-and-mortar retailer, Wren Kitchens. And also in training our retail staff to offer the customer a fantastic service.”.

Retail 132

Retail Marketing US Connecticut 132

PYMNTS

MAY 6, 2017

It’s been chronicled in these virtual pages that millennials are the driving force behind change – change in how payments are done, how banking is banked, how social media influences commerce (or doesn’t) and how shopping may become a hybrid of high touch across the digital and physical realms. Now that seems to be true even in fashion.

Millennials 101

Millennials Branding social media Operations 101

PYMNTS

DECEMBER 31, 2020

percent made voice-assisted purchases while shopping for groceries or retail goods in the last 24 hours. 35 percent of retail businesses have experienced an increase in demand. percent of millennials believe it is “very” important to receive payments in real time. percent made purchases via mobile in the last 24 hours.

Data 277

Data Innovation Payments Millennials 277

PYMNTS

APRIL 24, 2017

The long-suffering team at American Express has a new headache to handle — losing the love of those millennial customers. While BJ’s doesn’t have quite the scale, scope or name recognition of its rivals Costco and Sam’s Club, among the wholesale shoppers of the northeastern United States, the brand maintains a fairly devout following.

Millennials 109

Millennials Cards New York Branding 109

PYMNTS

JUNE 4, 2020

As sections of the United States economy continue to reopen, it is growing more apparent that consumers have no intention of reverting back to their pre-pandemic shopping habits. consumers are now buying retail goods online as of May 23, compared to 29.2 PYMNTS’ latest survey shows that 35.7 percent of U.S. percent on April 11.

Online 137

Online Retail Data United States 137

PYMNTS

NOVEMBER 23, 2018

For instance, Adobe has projected that eCommerce in the United States during the holiday period will increase 14.8 Cyber Monday will set yet another retail record this year, Adobe predicted, with sales on Nov. percent, reaching $124.1 26 to hit $7.7 billion, up 17.6 percent from the same day in 2017.

United States 140

United States Millennials Retail Online 140

PYMNTS

OCTOBER 5, 2018

A growing number of consumers consider online experiences, paired with physical store visits, to be one of the most influential factors in where they shop, according to the latest PYMNTS Enterprise Retail Grocery Report. Nevertheless, grocery retailers big and small are feeling the “ Amazon effect.” Key Findings from the Latest Report.

Data 129

Data United States Millennials Online 129

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 Our BNPL report found that while the pandemic might have created more interest in the system, its use was already on the rise in both the United States and Australia even before COVID-19.

United States 131

United States Millennials Examples Cards 131

PYMNTS

AUGUST 28, 2018

What about retail stores, restaurants and hotels? Technology is making it easier for the workforce to put in the daily eight (or 10, or 12) hours from their own homes, but another change is taking place: Using commercial space left behind by retailers, or in eateries or hotels, as communal areas of work. WeWork Efforts.

Retail 101

Retail New York City Arizona United States 101

PYMNTS

JULY 5, 2019

Retailers are bolstering their supply chains in China as they seek to enhance their service and offer customers fresh products. The post also pointed out that the retailer invested over RMB 700 million – which is approximately $100 million – to create the South China Fresh Food Distribution Center. Other Brick-and-Mortar News.

Retail 101

Retail San Diego blockchain Phoenix 101

PYMNTS

JULY 23, 2020

Flexible in-store payment plans that can help consumers handle both everyday and big-ticket purchases are gaining popularity in the United States, where the pandemic’s economic effects are causing consumers to temper their spending. A recent study sheds light on these subjects, polling approximately 1,200 U.S. About The Tracker .

Payments 181

Payments Report Retail Millennials 181

PYMNTS

DECEMBER 4, 2020

The acquisition will help Affirm expand its network of merchants in both Canada and the United States. DATA: Millennials, Gen X Liked BNPL for Black Friday Clothing Purchases. New PYMNTS data finds that millennials and Gen Xers were most interested in using BNPL to make those purchases.

Payments 153

Payments Millennials United States Survey 153

PYMNTS

DECEMBER 7, 2018

Big retailers are opening smaller-format stores in major U.S. The store, which will be located in the Upper East Side, will be the first of its kind for IKEA in the United States. Already, the retailer has opened a Planning Studio across the pond in London in October. In the announcement, IKEA Retail U.S.

Retail 122

Retail San Francisco Arizona Los Angeles 122

PYMNTS

MAY 4, 2017

In the latest webinar series, PYMNTS’ Karen Webster jumped into the findings of the Global Cash Index, gaining a sense of the story behind the numbers in the United States and the Americas in general. Keep a lid on the casket talk. The same impact is even greater at the convenience store, with $27 vs. $9, respectively.

ATM 192

ATM Millennials United States Study 192

PYMNTS

JULY 7, 2017

Generation Z are the next up-and-coming group of shoppers who retailers are turning to for the future of retail. Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. Get ready, retailers.

social media 120

social media Millennials Retail Study 120

PYMNTS

JANUARY 25, 2021

Shoppers in the United States have long turned to credit cards to let them get the products now while delaying payments until they have a chance to save up. These plans fund retail purchases that consumers can then pay off over time in typically four installments.

Payments 185

Payments Tools Retail Cards 185

PYMNTS

AUGUST 11, 2017

This stems from emerging markets like China, Russia and the United Arab Emirates starting to move into the luxury purchasing arena, with 70 percent of consumers increasing their spending. Within these emerging markets, we’ve seen retailers make large bets on luxury.

Millennials 122

Millennials Survey Retail social media 122

PYMNTS

DECEMBER 16, 2019

Following a formidable start for its “ buy now, pay later ” service in the United States, Klarna intends to roll out in Australia and other markets next year. The course has been popular with millennials who have a preference for debit cards over credit cards.

Marketing 132

Marketing United States Millennials Fintech 132

PYMNTS

FEBRUARY 23, 2017

Founded in Singapore in 2012, the company’s solutions are used today by major digital retailers such as Rakuten and ASOS to simplify product searching for some 250 million daily active users. Last September, ViSenze closed a $10.5 Last September, ViSenze closed a $10.5

United States 136

United States Millennials Retail Capital 136

PYMNTS

SEPTEMBER 19, 2019

Tru Kids CEO Richard Barry in a statement, according to the outlet, “We believe this live experience coupled with our new experiential retail stores will attract families from around the world and create a unique opportunity to rediscover the magic of this beloved family brand.” And it had roughly 1,600 stores globally.

US 101

US San Francisco Michigan Atlanta 101

PYMNTS

APRIL 27, 2016

According to the reigning data experts on the subject – The Knot – a little under 70 percent of the people who are going to get married in the United States this year will be getting married between April and October. In a big way. But will consumers be drawn to it? The experts aren’t so sure.

Retail 100

Retail social media United States New York City 100

PYMNTS

APRIL 3, 2020

BNPL solutions are the fastest-growing online payment methods in the United States as well as Australia, Brazil, the United Kingdom and more, and their market share is projected to grow at a compound annual growth rate of 28 percent over the next five years.

Exercises 165

Exercises Payments Millennials Cards 165

PYMNTS

AUGUST 22, 2018

We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. Later in the filing, the company stated, “We are a technology company at our core.”. The reach is considerable, touching 335,000 stock keeping units (SKUs) across 3,200 brands.

Online 101

Online Retail Branding Data 101

PYMNTS

MAY 19, 2018

Find any human being raised in the United States between 1978 and 1992, and ask them to sing the song. Though, as countless have pointed out over the last five years or so, millennials did make a valiant effort holding off that process by having their mothers do their laundry for as long as possible.

US 105

US Millennials Branding Retail 105

PYMNTS

DECEMBER 11, 2020

Some 55 percent of millennials report being interested in giving digital gift cards this year, while 67 percent report hoping to receive one. Mao noted that the United States alone has about 55 million underbanked or unbanked consumers, while roughly 26 percent of 2019’s retail transactions involved cash. “If

Cards 291

Cards United States Strategy Retail 291

PYMNTS

APRIL 9, 2020

consumers who had shopped in a physical retail location during the previous week. billion in sales in 2015 — a number that had grown to almost $47 billion by 2019 — the report states that “… sales projections are expected to climb modestly to $52.7 percent of total retail sales, excluding online and vehicle sales.”.

Mobile 140

Mobile Apple Cards Millennials 140

PYMNTS

NOVEMBER 30, 2020

The company said that gift cards can be purchased in “any denomination” and can be used at more than 700 spots in the United States. Gen Xers and bridge millennials led the way, with 34.7 “Our goal is to create a ‘no worries’ experience this holiday shopping season, whether you’re out and about or staying cozy inside.”.

Cards 144

Cards United States Millennials Survey 144

PYMNTS

DECEMBER 30, 2020

Installment payment provider Afterpay announced that it facilitated $1 billion in sales in the United States for the month of November, fueled in part by Black Friday and Cyber Monday shopping. shoppers who have used BNPL options are between the ages of 18 and 34, putting them in the millennial and Generation Z categories.

Payments 276

Payments Trends Millennials United States 276

PYMNTS

JANUARY 20, 2021

It was one year ago today that the first case of COVID-19 was diagnosed in the United States. Bridge millennials expressed the highest levels of concern, with 44.1 percent of millennials and 37.4 percent of millennials and 24.7 percent of consumers who have shifted to digital for retail product shopping, 46.2

Millennials 179

Millennials Data Survey Seattle 179

PYMNTS

FEBRUARY 2, 2018

In his time with Boxed, he helped build a dedicated team focused on serving the needs of B2B customers across the United States.”. Boxed has been called the “Costco for millennials ” because it sells items in bulk, uses fresh food from Costco and sells the company’s Kirkland private label products.

United States 100

United States New York Millennials Report 100

PYMNTS

JUNE 17, 2016

Millennials like Marin, particularly those entering into the expensive child rearing years, are increasingly likely to look for discounts on day-to-day goods so that spending on bigger-ticket items (think: houses and cars) is a more realistic possibility. while Dollar Tree runs 14,000 stores in the Unites States and Canada.

Millennials 100

Millennials Houston United States New York 100

PYMNTS

FEBRUARY 18, 2020

This is a popular strategy — DoorDash handled a full 35 percent of all meal deliveries in the United States in 2018, and Grubhub closely trailed on its heels, claiming 30 percent of orders. based QSRs draw millennials consumers, with half of this age group reporting that they place more deliveries now than they did two years ago.

Millennials 232

Millennials Trends Strategy United States 232

PYMNTS

MAY 29, 2020

The lockdown of the United States economy quickly and radically changed the way consumers browsed, shopped and paid for services as well as goods — and not all small and medium-sized businesses (SMBs) were prepared. Retailing 2020: Five Things To Watch. Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash .

Maine 130

Maine ATM Innovation Millennials 130