inflation

NYC Dethrones Hong Kong as Most Expensive Retail Center
NYC Dethrones Hong Kong as Most Expensive Retail Center
November 23, 2022  |  Retail

Continued COVID-19 restrictions in China have stripped Hong Kong’s famed luxury district of its title as the world’s most expensive retail destination, a mantle that...

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Nordstrom Hurt by Soft Demand From Lower-Income Shoppers
Nordstrom Hurt by Soft Demand From Lower-Income Shoppers
November 23, 2022  |  Retail

Cost-conscious shoppers continue to shy away from Nordstrom, with the luxury retailer still feeling the effects of a paycheck-to-paycheck economy in the form of declining...

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Main Street SMBs Are 4.6% ‘Healthier’ Than They Were Pre-Pandemic
Main Street SMBs Are 4.6% ‘Healthier’ Than They Were Pre-Pandemic
November 22, 2022  |  SMBs

No one quite knows what life after the pandemic might look like, as we’re all still in a state of returning to “normal.” For the...

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Venmo Offers Help for High Inflation Holidays
Venmo Offers Help for High Inflation Holidays
November 22, 2022  |  Mobile Payments

With Americans preparing to enter a holiday shopping season they might not be able to afford, Venmo has debuted a pair of tools it says...

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3 Ways Retailers Just Proved That Innovation and Change Are Still Alive
3 Ways Retailers Just Proved That Innovation and Change Are Still Alive
November 19, 2022  |  Retail

For 60 years, Walmart’s stores have dotted the American landscape, its cavernous Supercenters serving as the one-stop-shop of choice for value-minded consumers, often in rural...

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Klarna CEO Says Investors Too Focused on Here and Now
Klarna CEO Says Investors Too Focused on Here and Now
November 18, 2022  |  Investments

Sebastian Siemiatkowski, CEO of Swedish buy now, pay later (BNPL) firm Klarna, has expressed his frustration at the current global investment environment. “The consequence of...

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Ross and TJX Ride the Discounter Wave as Consumers Seek Low-Priced Clothes
Ross and TJX Ride the Discounter Wave as Consumers Seek Low-Priced Clothes
November 18, 2022  |  Retail

It may be a bad time for consumers and their wallets, but it’s proving to be a good time for the discounters and off-price retailers...

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Walmart Is Cutting Prices as Amazon Is Cutting Jobs
Walmart Is Cutting Prices as Amazon Is Cutting Jobs
November 18, 2022  |  Retail

In a week that began with Walmart being cheered for delivering strong results and ended with Amazon embarking on its sharpest round of job cuts ever,...

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Foot Locker Says Battered Consumers Want Affordable Luxury and Fun
Foot Locker Says Battered Consumers Want Affordable Luxury and Fun
November 18, 2022  |  Retail

Consumers’ desires for affordable luxury and a fun shopping experience are driving sales of sneakers even in the face of inflation and uncertainty, specialty athletic...

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