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Retail Sales Numbers Predict A Cruel April

PYMNTS

Department of Commerce released its retail sales results for March, showing record-setting declines due to changes in consumer behavior and the COVID-19 lockdown. With some analysts estimating a 4 to 24 percent drop the number was surprisingly low. Overall sales fell 8.7 percent from March, the biggest decline since 1992.

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NowRx: Digital Identity Benchmarks Help Healthcare Industry Set Tone For Privacy

PYMNTS

These regulations are being crafted in a world where consumers and businesses are now conducting a large number of their daily tasks and transactions virtually. The ongoing COVID-19 pandemic has continued to push the number of consumers turning to digital platforms to fulfill all of their needs from financial to medical, meanwhile.

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Everything You Wanted to Know about FP&A Best Practices

Fpanda Club

Benchmarking is an extremely powerful tool, but unfortunately, this kind of data, accumulated by consulting firms and professional associations conducting surveys and research on various adjacent topics, is not easily available or is highly fragmented. Sources: 1. APQC, AFP Next level of FP&A study, 2019 2.

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January Sees 467,000 New Jobs, Stable Unemployment Rate

CFO News Room

Growth in employment continued in leisure and hospitality, professional and business services, retail trade, and transportation and warehousing. The number of unemployed persons, at 6.5 The number of long-term unemployed (people who have been jobless for 27 weeks or more) declined to 1.7 represented a slight increase of 0.1

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Why Benchmark Capital Put $50M Behind Good Eggs

PYMNTS

There’s brick-and-mortar retail, where competition is so fierce that the media has branded it “the grocery wars.” So, what made Benchmark Capital confident enough to put $50 million behind Good Eggs, a San Francisco-based, curated, on-demand grocery store specializing in “absurdly fresh” local meats and produce?

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Inside The Retail Gift Card Fail

PYMNTS

In retailing, as a Nobel laureate once wrote (and sort of sang!), “the times they are a-changin” — a sentiment that extends handily to gift cards. Unless retailers make it hard. And surprisingly, a number of retailers are missing the boat when it comes to digital gifting. The First Number — 10. Then, There’s 51.

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A Loyalty-Driven Singles’ Day in China Lends Lessons to Sales-Centric Shopping Holidays

CFO News Room

For consumer brands doing business in China, no date on the retail calendar carries more weight than November 11, also known as Singles’ Day. Today, the event is the pinnacle of the global retail calendar, with over 290,000 brands offering 17 million products to over 1 billion annual active consumers across Alibaba’s ecosystem this year.

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