Main Street

The three million businesses that line the main streets and side streets of the local economies. These businesses are diverse and include retail shops, small grocery stores, personal services such as hair and nail salons and spas, hardware stores, local contractors, restaurants, trade services such as plumbers and electricians, and small manufacturers and wholesalers. The health of these businesses is directly related to the health of the local economies in which they operate, which is why their success is vital to the communities they serve.

Study: Price Hikes Top Cost Cuts Among Main Street Businesses
Study: Price Hikes Top Cost Cuts Among Main Street Businesses
December 09, 2022  |  SMBs

Hurting Main Street SMBs have had little choice but to meet inflation with price hikes. PYMNTS analyzed this in the “Main Street Health Survey Q4...

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Independent Restaurants’ Optimism Wanes Amid Ongoing Inflation
Independent Restaurants’ Optimism Wanes Amid Ongoing Inflation
December 07, 2022  |  SMBs

As economic challenges continue indefinitely into the future, small restaurants are adjusting their revenue expectations. By the Numbers Research from PYMNTS’ new study, “Main Street...

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Small Restaurants Shift From Competing to Collaborating Amid Industry-Wide Challenges
Small Restaurants Shift From Competing to Collaborating Amid Industry-Wide Challenges
December 06, 2022  |  Restaurant innovation

As restaurants face ongoing challenges, many are beginning to work together to pull through. Going from the lockdowns and other COVID-related challenges of 2020 and...

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Fed Report Spotlights Main Street SMB Labor and Lending Pressures
Fed Report Spotlights Main Street SMB Labor and Lending Pressures
November 30, 2022  |  SMBs

Slowing rate hikes cheer investors, but on Main Street the damage has already been done. Stocks surged about 3% by Wednesday’s close, on the heels...

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3 Reasons Why the Small Restaurant Comeback Looks Real
3 Reasons Why the Small Restaurant Comeback Looks Real
November 22, 2022  |  Restaurant innovation

As independent restaurants continue to recover from the devastating blow dealt by the pandemic, the future is beginning to look a little brighter. By the...

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Producer Prices Signal More Margin Pressure for Main Street Retailers
Producer Prices Signal More Margin Pressure for Main Street Retailers
November 15, 2022  |  SMBs

Smaller increases in inflation have given investors reason to cheer in recent days. But the latest Producer Price Index (PPI) data hints at more pressure...

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11.5% of Main Street Personal Services Firms at Risk of Closing in Two Years
11.5% of Main Street Personal Services Firms at Risk of Closing in Two Years
November 04, 2022  |  SMBs

Inflation is the double-edged sword bedeviling Main Street SMBs. In the “Main Street Health Q3 2022: SMBs Battle Inflation” report, PYMNTS surveyed 533 U.S.-based businesses...

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Slumping Confidence + Rising Labor Costs = Trouble on Main Street
Slumping Confidence + Rising Labor Costs = Trouble on Main Street
October 25, 2022  |  SMBs

There are economic cycles, there are business cycles and sometimes there are vicious cycles. If a mounting mix of new headwinds has it right, then...

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Businesses Push Banks, FIs for Innovation in B2B Payments
Businesses Push Banks, FIs for Innovation in B2B Payments
October 24, 2022  |  B2B Payments

You could call it a case of better late than never. This is as financial institutions (FIs) around the globe work to bring the speed...

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