economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.

Sally Beauty to Close 350 Stores and Ramp Up Omnichannel Services

Sally Beauty to Close 350 Stores and Ramp Up Omnichannel Services
Sally Beauty to Close 350 Stores and Ramp Up Omnichannel Services
November 10, 2022  |  Retail

Sally Beauty Holdings, a retailer and distributor of hair color and care products for both consumers and salon professionals, is working to optimize its footprint...

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October Inflation Dips to 7.7% Fueling Hopes for ‘Soft Landing’
October Inflation Dips to 7.7% Fueling Hopes for ‘Soft Landing’
November 10, 2022  |  Economy

The nation’s closely watched Consumer Price Index fell to a nine-month low of 7.7% in October, as the impact of rising interest rates and weaker...

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Latin America May Be Holiday Gift Cross-Border Merchants Are Seeking
Latin America May Be Holiday Gift Cross-Border Merchants Are Seeking
November 10, 2022  |  Cross-border Payments

Winter gifting holidays are as important in Latin America as anywhere, and online retailers want to tap that potential not just to bolster 2022 receipts...

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Paycheck-to-Paycheck Economy’s Gloom Is Bad News for Retailers
Paycheck-to-Paycheck Economy’s Gloom Is Bad News for Retailers
November 09, 2022  |  Economy

The paycheck-to-paycheck economy is bifurcating as inflation rages and consumers fret over an uncertain future, with one group of customers who cannot spend, and another...

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Three-Quarters of Grocers Say Digital Discounts Are Key to Loyalty
Three-Quarters of Grocers Say Digital Discounts Are Key to Loyalty
November 09, 2022  |  Loyalty & Rewards

The prevailing belief among grocers is that, in the face of skyrocketing prices, they would be best served to find ways to provide their customers...

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Redfin Cuts 13% of Staff in Advance of Long Housing Drought
Redfin Cuts 13% of Staff in Advance of Long Housing Drought
November 09, 2022  |  Real Estate

Anticipating a housing market downturn that will stretch into next year, online real estate seller Redfin is laying off 13% of its staff and shuttering...

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Aggregators Step Up Efforts to Offer Everything On-Demand
Aggregators Step Up Efforts to Offer Everything On-Demand
November 09, 2022  |  Delivery

Leading U.S. food delivery service DoorDash is expanding its selection of cosmetics, a lightweight, high-cost category that racks-up large order values while taking up minimal space...

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Meta to Lay Off More Than 11,000 Workers Due to Drop in eCommerce
Meta to Lay Off More Than 11,000 Workers Due to Drop in eCommerce
November 09, 2022  |  Personnel

Meta will lay off more than 11,000 employees — 13% of its workforce — CEO Mark Zuckerberg said, blaming the decision on his misguided bet...

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