As Amazon gains share in hobby retail categories, specialty retailers such as Sam Ash are taking a hit. The music retailer announced Thursday (May 2) that it is closing all its...
Despite news about rising inflation and stalled interest rates, recent PYMNTS Intelligence data confirms that many of the small and medium-sized businesses (SMBs) that dot...
As Amazon looks to close the gap with Walmart in grocery, both retail giants are seeing the opportunity to win over shoppers with their private-label brands. Walmart announced Tuesday (April 30) the...
This week, the Federal Reserve announced it will keep its benchmark interest rate in the same 5.25%–5.50% holding pattern that it has occupied since last...
The number of initial claims for unemployment insurance held steady during the week ending on Saturday (April 27). The total of 208,000 initial claims was...
It’s been a season of slowing sales for quick-service restaurants (QSRs). That could mean these fast-food brands have to launch greater promotions to attract cost-conscious diners, Reuters...
Finland did it again. The World Happiness Report (WHR) came out in March. For the seventh straight year, it was No. 1. Keeping the top spot...
As consumers continue to feel the economic strain, they are cutting back on buying boutique, handmade items from independent creators, per Etsy’s latest earnings call. ...
Construction spending in the U.S. declined unexpectedly in March after being unchanged in February. Data from the Census Bureau released Wednesday (May 1) showed spending at a seasonally adjusted...