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MARCH 6, 2020

That’s the case with the new employment report from the Bureau of Labor Statistics, which showed that retail jobs held steady between January and February. Manufacturing, mining, wholesale and retail trade, and transportation and warehousing saw little change in employment for the month, the BLS said. Sometimes no news is good news.

Retail 60

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PYMNTS

NOVEMBER 16, 2020

The new combined bank will be the fifth-largest retail bank in the country. US Economic Forecasts Grim Amid Escalating COVID-19. Fears of economic freefall are mounting as the U.S. continues to post an alarming increase in the number of new COVID-19 cases without word of any additional government stimulus.

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MAY 4, 2020

The great retail resettling is on. However, Texas retail opened for the most part over the weekend, with results that showed consumer behavior to be curious rather than aggressive. The analysis calls into question the timing and merit of the Texas decision to reopen nonessential retail. By May 1, that number had spiked to 1,033.

Retail 64

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PYMNTS

MAY 7, 2020

State governments are dropping the ball on retail reopenings. As the week plays out, inconsistent direction and confusion have been standard with New York, Texas, California and Hawaii getting criticized by retailers big and small. According to Texas Medical Center , on May 1 the number of confirmed cases in the area stood at 9,245.

Retail 56

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CFO News Room

NOVEMBER 4, 2022

On Friday, Morgan Stanley’s Adam Jonas pulled the firm’s ratings and price target on the used-car retailer, citing deterioration in the used car market and a volatile funding environment. DraftKings — DraftKings fell nearly 28% after warning a prolonged economic downturn could impact spending by its customers.

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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

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CFO News Room

DECEMBER 9, 2022

The 1% levy on buybacks , which takes effect in January, could cost companies billions of dollars, but a number of executives say they expect to continue repurchasing company stock. home improvement retailer. a sporting goods and outdoor recreation retailer. billion remaining under its repurchase plan. internet retailer.

Finance 100

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NOVEMBER 10, 2020

During this period of economic recession and job loss, reopening and reinvention, with new infection hotspots popping up weekly, starting a new business sounds somewhere between slightly iffy and totally bonkers. Each has a slightly different take on new retail and ecommerce shopping and payments experiences. Census Bureau.

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CFO News Room

DECEMBER 8, 2022

More retailers are packing up goods in stores for delivering e-commerce orders as they look to speed up shipments, streamline inventory and make more use of their bricks-and-mortar sites. . Beauty goods retailer. Ulta expanded the number of stores it uses for fulfillment amid the pandemic-driven surge in online shopping.

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PYMNTS

JUNE 26, 2020

consumer spending skyrocketed in May for the biggest jump on record, but the news was offset by a drop in personal income and the threat of another wave of economic disruption as coronavirus infections surge in the Sunbelt and now in California as well. Consumer spending jumped 8.2 percent in May, the U.S. billion, going to pay for goods.

Economics 101

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The Finance Weekly

OCTOBER 13, 2021

Companies looking to advance in this new economic environment will continue to rely on the same four strategies that have proven successful over the past 16 months. For example, a retailer might discover that, despite plans to build another location, many of its consumers choose to never shop in a store again.

Mergers and Acquisitions (M&A) 52

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PYMNTS

MAY 27, 2020

The reopening protocol will resemble the rules set up for Shanghai’s Disneyland locations, with significant restrictions on the number of people allowed in the parks. The task force voted to approve the plans as described above. Also, people will have to buy tickets online ahead of time instead of just doing so at the gate.

Planning 52

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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

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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

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PYMNTS

JULY 2, 2020

She said there could be more cuts coming due to adverse economic conditions. “We We may be on borrowed time for job cuts in a number of industries…that were not necessarily distressed when we entered the pandemic,” she said, according to WSJ. Meanwhile, Golds Gym filed for Chapter 11 in early May, amid a plan to shutter 32 locations.

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PYMNTS

MAY 31, 2016

Facing what local reports are calling a “triple threat” retailers across the pond are reporting a distinct lack of enthusiasm for what is next to come. And PwC isn’t the only firm bringing some tough numbers to the table. Red tape and cyber crime also ranked on the list of things disturbing the U.K.’s

Retail 40

Retail Economics Numbers Planning 40

CFO News Room

DECEMBER 10, 2022

Also in industry news this week: A recent survey indicates that retirement plan sponsors currently using financial advisors to support their plan are overwhelmingly satisfied with the service they receive, which also leads to improved retirement savings for their employees. Adam is an Associate Financial Planning Nerd at Kitces.com.

Mergers and Acquisitions (M&A) 130

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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

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PYMNTS

JULY 23, 2020

Flexible in-store payment plans that can help consumers handle both everyday and big-ticket purchases are gaining popularity in the United States, where the pandemic’s economic effects are causing consumers to temper their spending. The service has helped generate $2.4 Developments From The Buy Now, Pay Later World.

Leverage 72

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Musings on Markets

FEBRUARY 8, 2024

I was planning to finish my last two data updates for 2024, but decided to take a break and look at the seven stocks (Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla) which carried the market in 2023. trillion in market cap, and that 2023 represented a correction back to a level only slightly above the value at the end of 2021.

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PYMNTS

JUNE 17, 2020

Consumers around the world are confining themselves to their homes and feeling the urge to invest in luxury items and home improvement projects to spruce up their surroundings — despite economic concerns. More than 15,000 brands and merchants are in fact offering or planning to offer BNPL plans.

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PYMNTS

OCTOBER 19, 2020

Keijzer serves as the state secretary for economic affairs and climate policy for the Netherlands, while O is the secretary of digital transition and electronic communications for France. France Will Proceed With Controversial Digital Services Tax Plan. EU Watchdogs Create ‘Big Tech Hit List’. OECD’s Tax Reform To Be Presented To G20.

Tax Planning 57

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CFO News Room

JANUARY 26, 2023

An economic adviser in the Obama White House, David] Kamin isn’t the only one struck by a foreboding sense of déjà vu. Still, they have been relieved about another shift: His phone now sends calls that are not from numbers in his contacts to voicemail, according to two people familiar with the change. Lower, naturally.)

Manufacturing 130

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PYMNTS

SEPTEMBER 20, 2020

BNPL payment structures have emerged as a popular new mode of purchasing things, as people have had to tighten their belts against the pandemic's economic effects. Common plans offer four-installment payments as ways to buy items. retailers spiked 44 percent year-over-year in the second quarter.

Finance 101

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CFO News Room

DECEMBER 22, 2022

Biden mulls 2024 plans as Democrats weigh generational shift” [ The Hill ]. In the opinion, Judge Edith Jones explained that the panel felt boxed in: Although ‘subsequent experience strongly suggests that draconian shutdowns were debatable measures’ and ‘inflicted enormous economic damage,’ she wrote, they were ‘constrained’ to affirm.

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JUNE 23, 2020

The deal is part of a potentially risky strategy by Simon and Brookfield to gain leverage over major mall fixtures like JCPenney at a time when enclosed shopping venues across the country are under severe stress from the fallout from the coronavirus and the sharp economic downturn it has triggered.

Leverage 63

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CFO News Room

JANUARY 19, 2023

The Concord Coalition, a nonpartisan research group, named Romney and Manchin as its 2022 Economic Patriot Awards honorees because of their work on the legislation.” • A “ Grand Bargain ,” but in a new costume. The plans haven’t changed, people familiar with the discussions say.

Manufacturing 130

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PYMNTS

JULY 27, 2020

The pandemic-related economic downturn is making consumers wary of payment methods that can worsen their debts. users within a 10-week span, for example, marking a 30 percent to 40 percent increase in the number of clients added weekly compared to January and February totals. Payment plans are commonly used in the U.K.

eCommerce 58

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CFO News Room

JANUARY 22, 2023

health department warns of drug-resistant gonorrhea strain Boston.com Davos The ‘greatest tragedy’ would be if central banks don’t finish the job on inflation, Larry Summers says CNBC (Kevin W) World Economic Forum hemorrhoid, Chrystia Freeland, thinks the middle class makes too much money. The WEF is as evil as you think.

Healthcare 130

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Jedox Finance

SEPTEMBER 3, 2020

This placed an acute spotlight on planning agility. Many pre-crisis business assumptions and planning models became outmoded overnight. For some industries like retail and travel, there was virtually no room at all. To enable agile planning, here are three steps CFOs can take: Design for real-time financial transparency.

Forecasting 81

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PYMNTS

AUGUST 3, 2020

Will saving for a rainy day today lead to economic clouds just a bit down the road? recipients of economic aid are being judicious about how they spend the funding being extended by the government. percent planned to save their stimulus checks, and 15.7 percent planned to pay off debt. percent from May.

Economics 78

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PYMNTS

FEBRUARY 16, 2018

As a result, our eCommerce business is now approximately $1 billion in annualized retail sales, and we are well-positioned to capitalize on what is sure to be a dynamic future in this space,” Nooyi told investors. And the numbers in this regard don’t lie: Physical retail is growing at a rate of about 3.6

Sales 49

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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.

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PYMNTS

APRIL 13, 2020

In the letter, C2FO Founder and CEO Sandy Kemper advocated for a Small Business Supplier Protection Plan that would provide Fortune 1000 firms in the U.S. The company claims the plan could boost the American economy with up to $580 billion of cash relief, which would also aid the more than 60 million workers of those SMBs.

Invoicing 52

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PYMNTS

MAY 18, 2020

Stretch back through the decades and you’ll find any number of examples — Henry Ford’s mass-produced autos, and more recently the internet and mobile phones. Stimulus checks are being saved, not spent, as the future economic uncertainty looms. percent — said they do not plan to do any of those activities offline in the future.

Retail 73

Retail Economics Sales Planning 73

PYMNTS

AUGUST 1, 2016

Sure, you could make an argument for Wall Street as New York’s economic engine and the Statute of Liberty or the Empire State Building as its top tourists draws, but a study by the Times Square Alliance found that $0.22 billion annually in retail, entertainment and hotel sales. billion annually in retail, entertainment and hotel sales.

Retail 42

Retail Entertainment Sales Economics 42

CFO News Room

DECEMBER 13, 2022

Often business models are borne out, not just on a unit economics, but become profitable by dent of scale. When you have find opportunity, you figure out how to exploit it for all of its potential economic value. And by the way, in economic terms and unit economic terms, you can support. You look for opportunity.

Startups 100

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