PYMNTS

APRIL 19, 2020

Funding Circle said it will only be focused on Coronavirus Business Interruption Loan Scheme (CBILS) loans for now, and in doing so, will be unable to service retail lenders as it usually does. According to Funding Circle, that means lending for retail investors will be turned off. The loans will come through the U.K.

Retail 60

Retail Investments Banking Economics 60

PYMNTS

MAY 15, 2020

The experts were expecting a weak retail sales report when the numbers hit the wires earlier today (May 15) – but even in an environment of diminished expectations, the number reported by the Census Bureau was a disappointment. Year on year, retail sales fell 21.5 We have never seen economic data like this before in history.”.

Sales 92

Sales Retail Economics Forecasting 92

PYMNTS

OCTOBER 14, 2020

The central bank of Russia is seeking to place a yearly cap on the amount of cryptocurrency that retail investors can purchase, CoinDesk reported. Investors need a net worth of over 6 million rubles (approximately $74,400) or have an economics degree to be a qualified investor.

Investments 56

Investments Retail Currencies Treasury 56

PYMNTS

JUNE 10, 2020

Motivating a change in consumers or retailers is not always easy work, a reality evidenced by the plodding pace of contactless payments in the U.S. That has motivated a sea change as brands and physical retailers are working to rebuild their consumer experiences around digital, she said. Widening the Range Of eGifting’s Capability.

Retail 59

Retail Economics Entertainment Currencies 59

PYMNTS

SEPTEMBER 15, 2020

China saw retail sales increase last month for the first time since the COVID-19 outbreak, another sign of the country’s wider recovery. The latest numbers were a surprise as economists had predicted retail sales would be flat. The latest numbers were a surprise as economists had predicted retail sales would be flat.

Sales 64

Sales Retail Economics Forecasting 64

PYMNTS

APRIL 13, 2020

Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales data on Wednesday, retailers will get a sense of how much consumers are spending and the retailers they are spending with. For retailers, there are no surprises from March.

Retail 86

Retail Sales Numbers Economics 86

PYMNTS

OCTOBER 9, 2020

Despite wide-ranging economic uncertainties and a challenging investment environment, venture capital (VC) firms and special purpose acquisition companies (SPACs) are actively raising or seeking fresh funds for investment in the payments space. It also plans to invest in companies where technology is a clear differentiator.

Investments 78

Investments Nonprofit Startups Economics 78

Future CFO

JANUARY 24, 2023

Retail sales in China is expected to recover after the lifting of Covid-19 restrictions but is likely to be bumpier than those in many other major economies, said Fitch recently. year-on-year contraction in retail sales in December 2022, which led to a 0.2% The surge in infections in China is reflected in the 1.8%

Sales 52

Sales Retail Leverage Economics 52

PYMNTS

AUGUST 6, 2020

Real estate trends for retailers are back in the news this week, as the pandemic-driven brick-and-mortar market starts to produce new business models and a fair amount of stability. The new business model involves leasing options for the retail sector. retail portfolio valued at $5.9 Example: One of the U.K.’s which owns 32.5

Retail 61

Retail CFO Investments Economics 61

PYMNTS

JULY 17, 2020

retail and economic recovery is still facing serious headwinds. retail sales, which exceeded forecasts in June. Retail spending increased 7.5 What was not clear was the effect stimulus funds made on retail spend. But the May and June spikes returned retail sales levels to pre-pandemic numbers. percent hit.

Retail 63

Retail Treasury Economics Sales 63

PYMNTS

AUGUST 7, 2020

For retailers, it’s better to be hot in 2020 than top. The National Retail Federation (NRF) said on its blog this week that the Hot 100 Retailers, while vulnerable to mergers and acquisitions, as a group is more stable than the Top 100 Retailers ranking, as stores are impacted by the unpredictability of COVID-19.

Retail 57

Retail eCommerce Sales Economics 57

PYMNTS

APRIL 30, 2020

For a company that doesn’t have a retail location open outside of China or South Korea because of the coronavirus pandemic, Apple acquitted itself nicely in the second quarter. We’ve always managed through difficult moments by doubling down and investing in the next generation of innovation,” he said.

Economics 77

Economics Manufacturing Education Sales 77

PYMNTS

JANUARY 11, 2019

In the midst of an economically uncertain time in China stemming from the trade war with the U.S. Xiaomi said it will invest at least 10 billion yuan ($1.5 Bloomberg reported that the investment is part of the company’s plan to get more revenue from high-value services. He didn’t give specific details on the investment, however.

Investments 52

Investments Economics Retail Planning 52

PYMNTS

MAY 12, 2020

Picture, instead, fleets of utilitarian machines, squat, careful and not at all threatening, rolling through retailers’ aisles, hospital wings and other avenues of everyday human life. At the same time, these firms are grappling with an economic landscape that demands a close eye be kept on margins. Brain Corp.

Retail 99

Retail Healthcare Manufacturing Education 99

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. And the dramatic consumer shift to Digital 3.0 launch in 2018.

Retail 52

Retail eCommerce Economics Sales 52

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

AUGUST 28, 2019

“While other parts of the economy may show some weakening, consumers have remained confident and willing to spend,” said Lynn Franco, the Conference Board’s senior director of economic indicators, according to CNBC. Now is now, however, and spending proceeds apace, as measured in the latest retail sales reading from July, up 70 basis points.

Economics 55

Economics Transportation Investments Numbers 55

PYMNTS

NOVEMBER 11, 2019

Economic output grew 0.3 The BoE forecasts an investment rebound if a Brexit deal removes no-deal risk but we think this is optimistic,” Nancy Curtin, chief investment officer at Close Brothers, said in the report. Economists polled by Reuters had forecast a 0.4 percent expansion.

Economics 40

Economics Forecasting Retail Sales 40

PYMNTS

JANUARY 24, 2020

Separate research from TD Bank released last week, meanwhile, revealed half of corporate treasurers are not predicting an economic recession this year. But economic strength and SMB growth aren’t without their challenges. Many of the technologies available can quickly prove a strong return on investment, he said. “It

Economics 52

Economics Education Corporate Finance CFO 52

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

CFO News Room

NOVEMBER 24, 2022

Deere said it benefited from positive farm fundamentals and increased infrastructure investment. after the retailer said sales have slowed over the past few months. Autodesk noted a challenging economic environment and said customers were more reluctant to sign longer-term contracts. Its stock jumped 4.2% in premarket trading.

Profit and Loss 130

Profit and Loss Valuation Economics Sales 130

CFO News

JANUARY 24, 2024

India Inc is confident of achieving $5 trillion economy with government support in infrastructure investments, reforms, and technology adoption. Business leaders anticipate strong economic growth, with about 50% of India Inc optimistic about above 6.5% growth in FY25.

Budgeting 52

Budgeting Economics Retail Investments 52

CFO News Room

JANUARY 21, 2023

related investing news Alphabet — The Google parent saw shares rise 3.6% after CEO Sundar Pichai announced the company will lay off 12,000 employees and explained in a memo that the company “hired for a different economic reality than the one we face today.” year over year.

Pharmaceutical 130

Pharmaceutical Forecasting Sales Retail 130

PYMNTS

NOVEMBER 24, 2020

With brands everywhere rushing to either revamp existing channels or launch new ones, the line between traditional retail and direct-to-consumer (D2C) sites is not only getting blurred, but it’s raising questions about whether this trend is a short-term reflexive phenomenon or the start of a long-term strategic realignment. “You

Retail 62

Retail Manufacturing eCommerce Prioritization 62

PYMNTS

MARCH 30, 2020

There’s $454 billion earmarked for retailers in the vast series of COVID-19 relief legislation passed last week. But none of it will arrive in time for the April rent and lease deadline staring retailers right in the bank account come Wednesday. And if it’s any consolation, retail rents will almost certainly drop in the short term.

Retail 52

Retail Restructuring Healthcare Economics 52

PYMNTS

AUGUST 21, 2020

Consumers confronting the COVID-19 outbreak are buying less and saving what they can, and retailers’ revenues are plummeting as a result. Retailers are passing this financial uncertainty onto their vendors, too, forcing many to take drastic measures to stay afloat. Our analysis finds that 58.4 Another 13.7 Our research shows that 49.1

Economics 57

Economics Manufacturing Banking Investments 57

PYMNTS

APRIL 16, 2020

Wednesday’s Commerce Department retail sales figures showed in no uncertain terms that consumer spending for non-essential goods has taken a huge hit. While many analysts are predicting a complete cratering of non-essential retail for April, the PYMNTS data shows that the category is shifting to digital rapidly. What are they buying?

Retail 56

Retail Economics Numbers Sales 56

CFO News Room

NOVEMBER 23, 2022

Deere also issued an upbeat outlook, saying it benefited from positive farm fundamentals and increased infrastructure investment. The retailer did beat top and bottom line estimates for its latest quarter, however. It said customers were wary of signing long-term contracts given the economic uncertainty. after warning of $1.6

Profit and Loss 130

Profit and Loss Financial Data Economics Sales 130

PYMNTS

APRIL 22, 2019

eBay is reportedly in talks to lead an investment in Paytm Mall in an effort to branch into offline-to-online commerce in India. According to a report in the Economic Times , citing two people aware of the deal, eBay is expected to lead an investment of $160 million to $170 million, with the deal slated to be announced in May.

Investments 43

Investments eCommerce Economics Retail 43

PYMNTS

APRIL 3, 2020

The first of what is expected to be a series of informal retail reports on March results was delivered Thursday afternoon (April 2), this one from Etsy. We are experiencing right now an unprecedented healthcare crisis , which has also triggered an economic crisis,” Silverman said. The company also announced measures to support the 2.7

Numbers 53

Numbers Retail Healthcare Economics 53

CFO News Room

NOVEMBER 13, 2022

If you’re a chief marketing officer (CMO), the current economic uncertainty undoubtedly creates anxiety for you, your team, and your agencies. The Mobile Marketing Association (MMA) has demonstrated the tight correlation between advertising spend and economic indicators like GDP growth by looking at historical data.

Budgeting 130

Budgeting Marketing Math Advertising 130

PYMNTS

MAY 19, 2020

The results reversed a trend from last quarter, where the chain was one of many physical retailers facing a tepid holiday season that missed analyst expectations for sales, comparable-sales growth and earnings across the board. But things have reversed dramatically for the retailer amid the COVID-19 pandemic. percent to $134.6

Retail 88

Retail Restructuring CFO eCommerce 88

PYMNTS

OCTOBER 8, 2018

H&M is also making an investment of $20 million in the payments company, according to reports. The companies aren’t saying what Klarna’s valuation is after the investment, but sources said $20 million is “much less than one percent of the company.”. “We and Sweden in the first phase of deployment.

Retail 68

Retail Valuation Leverage Economics 68

CFO News Room

NOVEMBER 5, 2022

The sports betting company also raised its revenue guidance and warned a prolonged economic downturn could impact spending by its customers. Starbucks said its investments in new equipment and higher wages for workers are paying off. in premarket trading after the used-car retailer reported worse-than-expected quarterly results.

Profit and Loss 130

Profit and Loss Forecasting Economics Sales 130

Barry Ritholtz

JUNE 17, 2023

They also wrote the 2011 bestseller “ Reckless Endangerment: How Outsized Ambition, Greed and Corruption Led to Economic Armageddon ,” about the mortgage crisis. She (and coauthor Joshua Rosner) recently published “ These Are the Plunderers: How Private Equity Runs―and Wrecks―America.” economy, but American society as a whole.

Economics 127

Economics Investments Financial Reporting Finance 127

CFO News Room

NOVEMBER 14, 2022

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. The real retail sales indicator weakened from a neutral trend to a negative trend. Business fixed investment increased at a 3.7 percentage points.

Economics 130

Economics Manufacturing Sales Construction 130

PYMNTS

APRIL 16, 2019

Retail apocalypse? Whatever you want to call the decline of brick-and-mortar retail – and it’s getting worse, according to a few recent reports – it’s not good. merchants this year already have said they will shutter nearly 6,000 physical retail locations – that’s more than the nearly 5,900 closings for the entire year of 2018.

Retail 71

Retail eCommerce Sales Economics 71