PYMNTS

JUNE 18, 2020

Consumers want to invest in high-end items and home improvement projects to enhance their surroundings even amid economic concerns. is comprising nearly half of the retail growth in the U.S. 85%: Proportion of retail sales that stores accounted for as of 2019. 9M: Number of customers Afterpay has attracted since its U.S.

Retail 52

Retail eCommerce Economics Sales 52

PYMNTS

JANUARY 24, 2020

Retailers such as Gucci and Nike had released new advertising campaigns and merchandise in anticipation of a spending deluge. McDonald’s has halted operations in a number of cities amid the outbreak. As of this year, Chinese consumers account for about a third of luxury goods sales. Libra: Call it Libra’s death by 1000 cuts?

Economics 52

Economics Transportation Restructuring Currencies 52

PYMNTS

FEBRUARY 5, 2020

In finance, accounting is everything. Accounting for everything, especially when it comes to credit — in other words, taking stock and measure of where lending activities have been concentrated, where risk is and where losses may loom — is as much art as science. These are not only the concerns of big banks.

Accounting 63

Accounting Banking Forecasting CFO 63

PYMNTS

APRIL 29, 2020

New developments are focusing on supply chain, government activity and infrastructure to improve the customer experience as post-pandemic retail finds its legs. Retailers that sign up for the new program will receive discounts of up to 40 percent on FedEx Ground and 50 percent on FedEx Express services.

Retail 61

Retail eCommerce Economics Investments 61

PYMNTS

MARCH 10, 2020

In today’s top payment news, retail remains a bright spot in the markets, Ant Financial has rolled out a strategy for digital evolution in China, and the Consumer Financial Protection Bureau (CFPB) filed a suit against a Cincinnati-based bank. Payments Stocks Plummet While Retail Remains A Bright Spot.

Retail 79

Retail Marketing Healthcare eCommerce 79

CFO News Room

JANUARY 18, 2023

The question of whether a company is making or losing money should be a simple one to answer, especially in an age where accounting statements are governed by a myriad of rules, and a legion of number-crunchers follow these rules to report profits generated by a firm. The numbers yield interesting insights. .

Marketing 130

Marketing Hurdle Rate Investments Accounting 130

CFO News Room

NOVEMBER 14, 2022

economy with real consumer spending accounting for about 70 percent of real GDP and about 80 percent of real domestic demand. The solid labor market supports positive consumer attitudes but that is offset but high inflation and rapid interest rate increases that threaten future economic growth. percent in the first quarter, 0.5

Economics 130

Economics Manufacturing Sales Construction 130

Nerd's Eye View

AUGUST 22, 2022

In general, this means that people are more likely to be more aware of how much cash they're holding than the other numbers in their financial life, like the balances on their retirement accounts (which, being less 'immediate' in their intended purpose, are not often at the forefront of most people's minds to the same extent that cash is).

Cash Management 84

Cash Management Technology Economics Accounting 84

PYMNTS

OCTOBER 15, 2018

Falling short of economists’ expectations, retail store and restaurant sales grew by only 0.1 But sales at non-store retailers, including mail order catalogs and eCommerce sites, rose by 1.1 In terms of possible economic factors for the changes, Hurricane Florence reached North Carolina in September.

Sales 43

Sales Retail Healthcare Economics 43

PYMNTS

FEBRUARY 3, 2020

Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. To get their shopping jobs done, consumers are now hiring retailers that make it convenient to do business – anywhere, anytime, through any channel and on their terms. But it’s more than that.

Retail 69

Retail Sales Investments Budgeting 69

PYMNTS

SEPTEMBER 24, 2019

The ruling meant that online retailers could be mandated to collect sales tax — and taxes can be levied by states on firms that do not have physical presence in those states. One consideration is the fact that economic presence within a state means that retailers have to collect and remit taxes in those states.

Retail 46

Retail Economics Compliance eCommerce 46

Nerd's Eye View

AUGUST 22, 2022

In general, this means that people are more likely to be more aware of how much cash they're holding than the other numbers in their financial life, like the balances on their retirement accounts (which, being less 'immediate' in their intended purpose, are not often at the forefront of most people's minds to the same extent that cash is).

Cash Management 75

Cash Management Technology Economics Accounting 75

PYMNTS

JANUARY 6, 2021

Thus far, the numbers do not bear out a massive uptake of a business model, that for the stakeholders, is essentially free (There are roughly 38 banks signed on and 5 million users of CoDi, as measured in late 2020). But as Diaz stated, the model is based on sound economic principles.

Banking 145

Banking Planning Accounting Currencies 145

PYMNTS

FEBRUARY 14, 2018

Retail sales in the U.S. Department of Commerce show retail sales decreased 0.3 Economists had not been expecting a contraction, and retail sales had been forecast to rise 0.2 Year-on-year, retail sales numbers rose 3.6 Consumer spending accounts for two-thirds of U.S. The latest figures out of the U.S.

Sales 40

Sales Retail Forecasting Economics 40

PYMNTS

JULY 31, 2018

Central Africa’s regional electronic money transfer platform, GIMAC, recently signed a deal with B2B mobile wallet transaction company TerraPay to support instant cross-border remittances within the Central African Economic and Monetary Community. The remittances will transfer into bank accounts and mobile wallets. A number of U.K.

Retail 59

Retail B2B Banking Economics 59

Musings on Markets

FEBRUARY 8, 2024

To understand how much these stocks meant for overall market performance, recognize that these seven companies accounted for more than 50% of the increase in market capitalization of the the entire US equity market (which included 6658 listed companies in 2023).

Marketing 115

Marketing Valuation Profit and Loss Advertising 115

PYMNTS

APRIL 17, 2017

Retail sales in the U.S. Last month, retail and food services sales — adjusted for seasonal variation, holiday and trading-day differences — totaled $470.8 Still, refund delays likely only accounted for a small part of the consumer spending slowdown. Compared to last year, retail sales actually increased 5.2

Retail 40

Retail Sales Economics eCommerce 40

PYMNTS

JULY 17, 2019

While regulatory and governmental bodies are still debating PSD2’s full reach, the latest PSD2 Tracker looks at how retailers are approaching SCA as they face potential losses under the rule. Per these findings, European businesses could lose as much as $57 billion in economic activity in the year after SCA debuts. To some degree.

Retail 65

Retail Compliance Education eCommerce 65

Barry Ritholtz

FEBRUARY 17, 2023

Most economic downturns hit lower-income Americans hardest, but this time is different. Wall Street Journal ) • From Math Camp to Handcuffs: FTX’s Downfall Was an Arc of Brotherhood and Betrayal : Gary Wang and Sam Bankman-Fried are offering dueling accounts of the FTX fiasco and of who’s ultimately to blame.

Math 112

Math Advertising Investments Economics 112

PYMNTS

MAY 21, 2020

As politicians across the globe grapple with the pandemic’s continued economic fallout and the need to get stimulus funds to individuals, corporations and even local governments with speed and security, digital delivery of those dollars is likely to gain increasing traction. However, a retail CBDC accessible to all would be a game-changer.

Currencies 97

Currencies Banking Retail Accounting 97

PYMNTS

SEPTEMBER 16, 2020

While some types of businesses have adapted and survived amid the pandemic-triggered economic crisis, restaurants and retailers have especially struggled. Yelp’s new “Local Economic Impact Report” said that the number of business closures in the pandemic has continued to increase nationally: “As of Aug.

Economics 59

Economics Retail Numbers Accounting 59

PYMNTS

NOVEMBER 20, 2017

His economic principles were what inspired President Lyndon B. For instance, economics, he once said , is a useful form of employment for economists. And that the only function of economic forecasting is to make astrology look respectable. Meetings, he also said , are indispensable if you don’t want to do anything.

Retail 54

Retail Math Leverage Economics 54

PYMNTS

APRIL 6, 2016

The news from the Bureau of Labor Statistics (BLS) last week that the retail industry added 48,000 new jobs in March — bringing the increase to 378,000 new jobs over the past 12 months — appears to be positive on a number of fronts. And while the number of retail jobs in the U.S.

Retail 40

Retail Manufacturing Profit and Loss Financial Analyst 40

PYMNTS

SEPTEMBER 4, 2020

These improvements in the labor market reflect the continued resumption of economic activity that had been curtailed due to the COVID-19 pandemic and efforts to contain it,” the BLS said in its report. The latest numbers beat expectations. Still, the number of nonfarm payroll jobs in August was less than the 1.8

Education 57

Education Economics Numbers Retail 57

PYMNTS

DECEMBER 16, 2020

The pandemic has broadly impacted money movement and a new sense of urgency, from retailers seeking faster ways to pay suppliers to insurance firms adopting digital methods to issue claims payouts to waiting recipients. Many consumers are now expecting their payments to arrive digitally and much more quickly to their bank accounts.

Economics 93

Economics Accounting Banking Retail 93

PYMNTS

SEPTEMBER 28, 2020

There can be an economic impact from that sadness — and a lack of spending.”. The muted outlook for the future comes against a backdrop, where businesses — large and small, across any number of verticals — are navigating unprecedented impact on cash flow. The liquidity challenges are towering, he said. Where We Go From Here.

Accounts Payable 116

Accounts Payable Restructuring Entertainment Economics 116

PYMNTS

JUNE 14, 2018

Sizzle of the Week: Retail’s 2018 Rebound. Retail has had a rough couple of years, as most players that aren’t Amazon have struggled to cross the digital, omnichannel chasm. On the whole, with some notable exceptions, retail has landed on our Fizzle list more often than the Sizzle list in recent memory. Retail sales are up 5.9

Retail 43

Retail Sales Healthcare Economics 43

PYMNTS

JULY 27, 2020

The pandemic-related economic downturn is making consumers wary of payment methods that can worsen their debts. however, as 30 percent of the nation’s consumers have such accounts. More retailers are offering BNPL options to boost spending among cash-strapped consumers, too, further fueling the method’s expansion. million U.S.

eCommerce 58

eCommerce Retail Economics Sales 58

Future CFO

DECEMBER 21, 2023

Cash flow and liquidity problems: Are your fixed costs or interest payments creeping up, or do you have a high number or amount of customer overdue payments? This is part of the economic climate in which they operate and can impact customer insolvency. There is also the natural climate to take into account.

Profit and Loss 52

Profit and Loss Concentration Benchmarking Invoicing 52

PYMNTS

DECEMBER 7, 2020

"Small businesses face similar challenges that big retailers face when they transact online, because through marketplaces, they are able to reach out to millions of consumers," he told PYMNTS in a recent interview. But most people forget that we're still talking about small businesses with a limited number of resources.".

eCommerce 142

eCommerce Finance B2C B2B 142

Future CFO

AUGUST 3, 2023

The Americas accounted for the largest share of VC investment with $42.9 Highlights of global VC investment: Q2’23 Global Corporate Venture Capital-participating investment was also slow in Q2’23, accounting for $39.7 Global first-time VC financing remained weak in H1’23, accounting for just $17.1 billion in Q1’23.

Investments 52

Investments Concentration Startups Education 52

PYMNTS

AUGUST 12, 2020

As detailed by NPR, though at least some verticals, such as grocery stores, accept card transactions (and thus see at some volume of contactless payments), a significant number of smaller businesses rely on cash to keep revenues coming in. percent of total value came from card payments, slightly outpacing the 48.3 percent done in cash.

Startups 88

Startups eCommerce Forecasting Banking 88

PYMNTS

MAY 19, 2020

The pandemic has spurred any number of efforts across various countries to restart economies as they emerge from lockdown. The Economic Times estimates that global brands via multinationals are dominant in the country, with relatively few local alternatives.

eCommerce 86

eCommerce Economics Retail Numbers 86

PYMNTS

MARCH 29, 2017

Data and analytics startup XOR Data Exchange announced it will provide a free resource to online retailers to help businesses identify and mitigate the risk of identity theft. Participating online retailers will also have access to recent data breach activity and the format of any compromised account passwords via the platform.

Retail 40

Retail Startups Economics eCommerce 40

PYMNTS

JANUARY 15, 2021

Despite the ongoing pandemic, retail holiday sales were 8.3 percent higher in 2020 than in 2019, surprising even the National Retail Federation (NRF). Despite unprecedented challenges, consumers and retailers demonstrated incredible resilience this holiday season,” said NRF President Matthew Shay in a statement. 31 were $789.4

Sales 52

Sales Forecasting Entertainment Retail 52

PYMNTS

SEPTEMBER 18, 2020

But getting funds settled more quickly into their accounts can make all the difference in giving them the cash cushions they need to expand, weather economic shocks and even get their suppliers paid in a timely manner.

Sales 141

Sales Prioritization eCommerce Invoicing 141

PYMNTS

FEBRUARY 5, 2020

In finance, accounting is everything. Accounting for everything, especially when it comes to credit — in other words, taking stock and measure of where lending activities have been concentrated, where risk is and where losses may loom — is as much art as science. These are not only the concerns of big banks.

Banking 56

Banking Forecasting CFO Concentration 56