inflation

For FinTechs, Raising Capital Is Like It’s 2017
For FinTechs, Raising Capital Is Like It’s 2017
November 09, 2023  |  Fintech Investments

FinTechs remain in a tight spot, as far as fundraising goes. The third quarter of this year saw investment in private FinTechs fall 46% compared to the...

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Middle-Income Consumers Lose 18% of Savings Due to Inflation
Middle-Income Consumers Lose 18% of Savings Due to Inflation
November 09, 2023  |  Consumer Insights

The high and persistent inflation that has shaken the global economy in recent years has also seeped into U.S. households. Despite efforts to manage budgets...

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When Loyalty Programs Aren’t About the Spend
When Loyalty Programs Aren’t About the Spend
November 07, 2023  |  Retail

Loyalty programs have become a staple in the arsenal of brands and retailers striving to retain their customer base and attract new ones. These programs...

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Walmart Shares Hit All-Time High as Groceries Draw Shoppers
Walmart Shares Hit All-Time High as Groceries Draw Shoppers
November 03, 2023  |  Walmart

Walmart’s shares reportedly reached an all-time high Friday (Nov. 3), with investors betting on its ability to thrive during the holiday season. This peak, at...

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Maersk Cuts Another 3,500 Jobs Amid Shipping Industry’s ‘New Normal’
Maersk Cuts Another 3,500 Jobs Amid Shipping Industry’s ‘New Normal’
November 03, 2023  |  Shipping

Maersk is eliminating another 3,500 positions after having reduced its headcount by 6,500 throughout the year. The Copenhagen-based shipping company announced this move while reporting its...

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Target CEO: Stressed Consumers Trim Grocery Budgets
Target CEO: Stressed Consumers Trim Grocery Budgets
November 02, 2023  |  Retail

Target CEO Brian Cornell said the strain consumers are feeling has finally begun to impact grocery sales. Cornell said in an interview with CNBC Thursday...

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Retailers Embrace Rewards as Consumers Seek to Trim Grocery Expenses 
Retailers Embrace Rewards as Consumers Seek to Trim Grocery Expenses 
November 01, 2023  |  Retail

Grocery store rewards programs have long been popular for their ability to foster customer loyalty and provide tangible benefits to shoppers. However, these programs also...

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LendingTree: Consumers Seek Loans but Credit Availability Has Contracted
LendingTree: Consumers Seek Loans but Credit Availability Has Contracted
October 31, 2023  |  Consumer Finance

LendingTree continued to be affected by high interest rates and consumers having difficulty accessing credit in the third quarter. During the quarter ended Sept. 30, the...

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Nearly Half of US Consumers Cite Free Shipping as Key Feature When Choosing a Merchant
Nearly Half of US Consumers Cite Free Shipping as Key Feature When Choosing a Merchant
October 31, 2023  |  Retail

As inflationary pressures continue to impact household budgets, U.S. consumers are taking measures to trim their expenses and prioritize cost-saving shopping features when choosing a...

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