Millennials/page/2 news and trends

Three-Quarters of Young Consumers Favor Click-and-Mortar™ Grocery Shopping

May 17, 2024
grocery shopping
New Q1 Data Finds Older Demographics Driving Surge in Travel Spend
Travel Payments // May 10, 2024

They’re probably not going to Paris to see Taylor Swift. But spending among older, high-income consumers has led a Q1 travel surge that cuts across income and age boundaries, even if “Swiftonomics” isn’t part of the trend. A deep dive into PYMNTS Intelligence’s most recent “Last Transactions“...

For 23% of Gen X Consumers, Paying Down Debt Is a Top Financial Goal 
Consumer Finance // May 07, 2024

As the title of PYMNTS Intelligence’s most recent New Reality Check report, “The Paycheck-to-Paycheck Report: Why 60 Percent of Gen Z’s Live Paycheck to Paycheck,” makes clear, it’s tough out there for younger adults.  Fifty-nine percent of Generation Z consumers tell PYMNTS Intelligence they now...

Millennials Are Home Improvement Retailers’ Best Customers
Retail // May 06, 2024

When it comes to home improvement retail, millennials are taking the lead, PYMNTS Intelligence research reveals. By the Numbers The PYMNTS Intelligence report “The Online Features Driving Consumers to Shop With Brands, Retailers or Marketplaces” drew from a study of more than 3,500 U.S. consumers...

Gen Z Small Business Owners Get Personal for Business Loans
SMBs // May 03, 2024

At a time when every financial decision counts, many small to medium-sized businesses (SMBs) can at least take some comfort knowing there are a wide variety of borrowing tools available if needed. Today’s entrepreneurs can choose from reward-earning credit cards; merchant loans; bank loans; buy...

Interviews & Exclusives
New Q1 Data Finds Older Demographics Driving Surge in Travel Spend

May 10, 2024
They’re probably not going to Paris to see Taylor Swift. But spending among older, high-income consumers has led a Q1 travel surge that cuts across income and age boundaries, even if “Swiftonomics” isn’t part of the trend. A deep dive into PYMNTS Intelligence’s most recent “Last Transactions“ analysis of Q1 consumer spending patterns shows an uptick among […]

Gen Z Small Business Owners Get Personal for Business Loans

May 03, 2024
At a time when every financial decision counts, many small to medium-sized businesses (SMBs) can at least take some comfort knowing there are a wide variety of borrowing tools available...

Gen Z Shoppers Want Things, Not Experiences

April 22, 2024
As consumers save for big purchases, Gen Z is proving to be the only generation that would rather save up for an object they will get to keep than an...

Brand Sites Suffer as Consumers Browse but Do Not Buy

April 12, 2024
Consumers make many choices when shopping, and perhaps no decision is more important than whether to complete a purchase. But in the world of eCommerce, cart abandonment — where shoppers...

Quick Reads
Younger Consumers Less Likely to Use Credit Cards

December 28, 2023
The younger the consumer, the less likely they are to use credit cards. Only 42% of Generation Z consumers and 62% of millennials said they used a credit card in the last 90 days, according to “The Credit Economy: How Younger Consumers Make Credit Decisions,” a PYMNTS and i2c collaboration. Those percentages are higher among […]

Visa: Americans Keep Traveling Despite Rising Costs

November 28, 2023
Rising costs haven’t stamped out the travel bug for Americans, a new Visa survey shows. The new edition of the Visa Global Travel Intentions Study, released Tuesday (Nov. 28), shows that while...

Nearly 3 in 4 Shoppers Rely on Installment Plans to Control Holiday Spending

October 10, 2023
Accounting for nearly 20% of annual retail sales, the holiday season, which spans November and December, is a critical period for both merchants and consumers.  For consumers, installment plans, including...

Citcon Unveils BNPL Option for eCommerce Clients

September 26, 2023
Citcon has teamed up with Cash App Pay and AfterPay to offer new payment options to eCommerce businesses. “By leveraging both Cash App Pay and Afterpay’s popular “Buy Now, Pay Later” service, merchants will be...