Economic data can be a work in progress — refined, revised and re-presented to better understand where things stand. For merchants, the big picture got...
In the face of macro headwinds, FedEx is pulling on the operational levers it can pull. And that involves throttling back on some operations —...
Last week was one of good news and ominous news for U.S. retailers. The good: They were able to present better-than-anticipated earnings as shoppers continued...
A tough economy hits hardest for those with lower incomes and poor to no credit, which is where rent-to-own and lease-to-own can be a lifesaver...
The wave of layoffs announced by employers last month was the highest since 2020. U.S. based companies cut 102,943 jobs in January, a 136% increase...
Consumer confidence dipped in January after rising in December, according to The Conference Board. The not-for-profit think tank said in a Tuesday (Jan. 31) press...
Smartphone sales fell worldwide last year as consumers grew more cautious in their spending. That’s according to a recent report by market research firm IDC, which...
Discount retailers are set to see high traffic this year as consumers worry about rising costs. That’s according to a new report from foot traffic-tracking...
CEOs are worried about a recession and expect 2023 to offer little economic growth. That’s according to a recent survey by the Conference Board, which...