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Wine.com Uncorks A Vintage Year

PYMNTS

Millennial purchases grew 36 percent in 2019, which Bergsund sees as the key to what he calls the next generation of wine drinkers. Millennials are leading a premium trend for wine. Millennials are also leading a trend in high-end spirits, which will be a focus for 2020. Revenue from the company’s mobile app grew 60 percent.

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Verishop Works With Westfield To Open Stores

PYMNTS

Other stores for a mix of in-house brands are set to move into Westfield World Trade Center, San Francisco Centre, and Garden State Plaza, among other places. Verishop is targeting mainly younger, affluent and millennial shoppers.

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Coachella’s Contextual Commerce: The Good, The Bad And The Flower Crown Ugly

PYMNTS

But setting up shop on the edge of the festival and hawking blatantly branded products is a little too gauche for Coachella attendees who want to preserve the festival’s sanctity (whether it ever existed or not), which leads more than a few companies to turn to social media and the tricks of contextual commerce.

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Seeking Banking Balance Between Physical And Digital

PYMNTS

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. It has also meant working in anticipation of the changing needs of millennial users. You just start with that digital-first mindset.”.

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Transformation Time Bomb?

Independent Banker

Three ways millennials could accelerate FinTech trends in 2016. When it comes to finance, millennials are a generation known to be conservative in spending and distrustful of financial institutions. Thus, it’s not shocking that millennials are a driving factor in the growing financial technology, or FinTech, movement.

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How TikTok ‘eGirls’ Helped Create A Multi-Million-Dollar Fashion Brand

PYMNTS

The brand has been well-known among Generation Z and millennial consumers for several years – particularly those into the clubbing and music festival scene. These are the types of things one can expect to find on the Dolls Kill online shopping portal – as well as off the rack in their San Francisco and Los Angeles physical locations.

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Serving payments customers in the age of instant gratification

Insights on Business

On a recent visit to my local coffee shop, I realized how uphill a task this can be with millennials and Generation Z patrons who are joining the ranks of coffee aficionados. The teens scoffed at the manager’s dictation of how they’re supposed to behave, and amusingly grew annoyed for being deprived of some social media mobile device time.

Payments 107