inflation

Wage Growth Signals Pain Ahead for Main Street’s Small Businesses
Wage Growth Signals Pain Ahead for Main Street’s Small Businesses
April 07, 2023  |  Economy

For Main Street small businesses, the margin pressure will continue. Government data on the labor market released Friday (April 7) show that U.S. hiring backed...

READ MORE >
Only 26% of Main Street Businesses Have Access to 60 Days of Cash
Only 26% of Main Street Businesses Have Access to 60 Days of Cash
April 07, 2023  |  SMBs

  Main Street USA is operating on the edge, and most are concerned about the impacts of inflation and the uncertain economic forecast. Most small...

READ MORE >
Retail Spend Takes a Hit as Consumers Cut out Extras
Retail Spend Takes a Hit as Consumers Cut out Extras
April 06, 2023  |  Retail

Discretionary retailers have been among the first segment to suffer as inflation continues to force customers to cut nonessential spending. Once-loyal customers are turning into...

READ MORE >
Consumers Don’t See End to High Inflation Until October 2024
Consumers Don’t See End to High Inflation Until October 2024
April 06, 2023  |  Economy

At first glance, it may seem like the economy is finally edging towards recovery, albeit uneven. After all, the latest inflation release reports that some...

READ MORE >
Constellation Brands Bypasses Stores to Boost High-End Liquor Sales
Constellation Brands Bypasses Stores to Boost High-End Liquor Sales
April 06, 2023  |  Earnings

As many consumers pull back, Constellation Brands is leveraging D2C to attract higher-income customers. The beer, wine and spirits giant, parent company of a wide...

READ MORE >
Retail Sales Show Consumers Focused on Necessities
Retail Sales Show Consumers Focused on Necessities
April 06, 2023  |  Economy

With inflation persisting, consumers are spending more on necessities and experiences. That’s according to the latest edition of Mastercard’s monthly SpendingPulse, released Thursday (April 6),...

READ MORE >
Walmart Investor Day a Chorus of Omnichannel Dominance and Deepening Digital
Walmart Investor Day a Chorus of Omnichannel Dominance and Deepening Digital
April 05, 2023  |  Retail

At its investor day in Tampa, Florida, on April 4-5, Walmart executives laid out a five-year plan that emphasizes membership, choice and a thoroughly modernized...

READ MORE >
Real-Time Data Helps CEOs Manage Economic Uncertainty
Real-Time Data Helps CEOs Manage Economic Uncertainty
April 05, 2023  |  CFO

Market shifts and macro turmoil have savvy CFOs examining internal processes to ensure sustainable growth. “I think every CFO right now is concerned about macroeconomics,”...

READ MORE >
Small Businesses Slow Hiring Amid Uncertain Consumer Demand
Small Businesses Slow Hiring Amid Uncertain Consumer Demand
April 05, 2023  |  Economy

Main Street businesses are pulling back on hiring. Preparing, perhaps, for the impact of a pullback in consumer spending that’s already in motion. The logic...

READ MORE >