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‘Zillennials’ With Steady Income, Few Bills Are Prime Retail Opportunity

‘Zillennials’ With Steady Income, Few Bills Are Prime Retail Opportunity
‘Zillennials’ With Steady Income, Few Bills Are Prime Retail Opportunity
January 16, 2023  |  Retail

With steady income and limited expenses, so-called “zillennials” are becoming a retail spending force and favorite. Sandwiched between “millennials” and “Generation Zs,” this micro-demographic born...

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JPMorgan Braces for Recession as Credit Loss Provisions Jump 49%
JPMorgan Braces for Recession as Credit Loss Provisions Jump 49%
January 13, 2023  |  Earnings

For America’s biggest bank, the recession’s the base case, and credit losses loom. J.P. Morgan reported fourth-quarter results Friday (Jan. 13) that show caution about...

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Japan Outpaces Other Countries With 20% Spike in Digital Wallet Adoption
Japan Outpaces Other Countries With 20% Spike in Digital Wallet Adoption
January 13, 2023  |  Connected Economy

There’s a kind of World Cup of digital transformation playing out right now. PYMNTS ongoing ConnectedEconomy™ Index research into digital transformation trends across 11 countries...

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Instagram’s Retreat From Shopping Shakes Social Commerce to Its Core
Instagram’s Retreat From Shopping Shakes Social Commerce to Its Core
January 12, 2023  |  Social Commerce

Meta keeps tinkering with Instagram Shops — a move many see as a sign that social commerce isn’t bearing the fruit once projected. This, as...

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Building The House of LR&C Apparel Brand Takes More Than Celebrity Backing
Building The House of LR&C Apparel Brand Takes More Than Celebrity Backing
January 12, 2023  |  Retail

Experienced leadership is always valuable and having a few crises under your belt never hurts. That’s the message from Christine Day, CEO of fashion brand The House...

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IRS Rule Delay Means P2P, Gig Economy Platform Volumes Will Surge
IRS Rule Delay Means P2P, Gig Economy Platform Volumes Will Surge
January 11, 2023  |  Gig Economy

The new tax rules have been delayed — and nothing’s certain — so P2P will continue to be a gig economy mainstay. And amid the...

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Apple’s Business Connect May Be at Disadvantage vs Google and Yelp
Apple’s Business Connect May Be at Disadvantage vs Google and Yelp
January 11, 2023  |  Mobile Commerce

In the battle over business listings, Apple is going head-to-head with Google and Yelp. But the new Apple business tool, announced Wednesday (Jan. 11) —...

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CVS’ Oak Street Deal Signals Big Retail’s Ongoing Healthcare Push
CVS’ Oak Street Deal Signals Big Retail’s Ongoing Healthcare Push
January 10, 2023  |  Healthcare

Big Retail’s continued healthcare push is poised to advance with a $10 billion deal. CVS is in the running to buy Oak Street Health, and...

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