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MrBeast鈥檚 season of scandal dampens Prime Video鈥檚 game show plans: A class action lawsuit alleges sexual harassment on the set of a game show aimed at young audiences.

Gen Zers are more calculated in their purchase decisions and are less likely to make impulse purchases compared with older generations. Social media is just one tool they use to evaluate products.

Key stat: In the US, 71% of Gen Z adults say they are likely to make a purchase directly via Instagram, according to Jungle Scout. Just 40% of adults overall say the same, with the caveat that older generations are less likely to buy from social networks in general.

Since then, Walmart continued to focus on fashion, remodeling some stores to better feature its apparel brands and relaunching its Gen Z-focused fashion brand, No Boundaries. The retailer is launching the Walmart Style Tour, a 40-event nationwide tour featuring curated brands and styles, fashion tips from experts, and personalized giveaways.

Mall foot traffic is returning to pre-COVID-19 levels. In 2023, visits to indoor shopping malls were down 5.8% from 2019 levels, an improvement from the 15.3% decrease in 2021, per Placer.ai鈥檚 The Comeback of the Mall in 2024 report.

Dupes gain steam as shoppers seek middle ground between fast fashion and luxury labels: Quince and Italic are among the brands poised to benefit as shoppers prioritize affordability.

With a booming economy and a flourishing middle class, Indonesia has become an intense battleground for leading ecommerce players, including Shopee, Tokopedia, and TikTok Shop.

And BNPL is becoming a checkout necessity, especially among Gen Z shoppers. If BNPL was unavailable for a given purchase, 27% of Gen Zers wouldn鈥檛 buy the item, per a survey from PYMNTS and Sezzle. Biometric verification. When filling in card details through autofill on Chrome or Android, consumers can verify their identity using a fingerprint, face scan, or their lock screen passcode.

Over half (51%) of Gen Z consumers worldwide use social media to look up a brand versus 45% who turn to search engines, per GWI Core data from 2023.

Secondhand shopping is soaring: We expect resale volumes will grow more than twice as fast as total US retail sales through 2026.

Discovery鈥攏ot influencers鈥攊s what separates TikTok and Amazon鈥檚 ecommerce businesses: The retail giant is trying to replicate TikTok鈥檚 success via its 鈥淚nspire鈥� video feed.

A Javelin Research & Strategy report found 61% of US Gen Zers bank with big banks, although this number has been decreasing since 2022. That鈥檚 partly because younger generations often bank where their parents do. The Financial Brand also found that young business owners perceive bigger banks as 鈥渕ore innovative and faster to align with fintechs to broaden their portfolio.鈥�.

Gen Z (55%) and millennials (62%) have made more travel purchases on their smartphones, compared with their older Gen X (44%) and baby boomer (28%) counterparts, according to March 2024 data by Hopper.

Gen Z shoppers discover more broadly. For this group, stores, brand websites/apps, and social channels were essentially tied for new clothing product discovery. Stores have less pull among millennials. Brand websites/apps and social media channels trumped physical retail by a significant margin for apparel.

According to Piper Sandler鈥檚 45th semi-annual survey of US teen consumers, Gen Z spending was up 2% YoY to $2,419 annually. We dig into some of the key findings from the survey and offer our perspective, including why Ulta Beauty is proof the 鈥渓ipstick effect鈥� is in full swing and how Amazon can keep up with platforms like TikTok.

Gen Z is ready to spend this season. Millennials may be a bit cautious. YouTube is the place to go if brands want to get on Gen Alpha鈥檚 radar. And for older consumers, trust is the key to getting them to spend. Here鈥檚 how retailers can appeal to each generation as the holiday season readies for Cyber Five.

Today鈥檚 podcast episode of The Banking & Payments Show discusses why financial literacy is so important in younger generations (Gen Z and Gen Alpha), not only for individuals but also for financial institutions and society. In 鈥楬eadlines,鈥� we examine Gen Z鈥檚 low functional knowledge of personal finances and then shift gears for the 鈥業n Argument鈥檚 Sake鈥� segment to debate whether improving financial literacy among young people is outdated. Listen to the conversation as host, Rob Rubin, welcomes our analyst Maria Elm and Sumit Arora, Global Head of Consulting at Persistent Systems, to the podcast.

They rely more on mobile devices than older millennials but have more mature financial lives than younger Gen Zers, giving key insights into digital payment behaviors

Analyst insight: 鈥淭he consumer base, especially Gen Z shoppers, will abandon brands that fail to deliver on social commitments,鈥� said demographics analyst Christina Obolenskaya. 鈥淚t isn鈥檛 enough for brands to hop on to marketing trends during Black History or Pride Month鈥攚ider racial and gender-inclusive efforts need to be year-round considerations.鈥�.

The digital wallet is already the top P2P service among teens. Its youth-facing products could help monetize the app