Retail sales

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...

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Secondhand Apparel Market Surges as Consumers Seek Value
Secondhand Apparel Market Surges as Consumers Seek Value
April 06, 2023  |  Retail

The global secondhand apparel market is expected to nearly double by 2027. The market will leap from $177 billion in 2022 to $351 billion in...

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More Than One-Third of Banks Say Item-Level Receipt Data Cements Customer Loyalty
More Than One-Third of Banks Say Item-Level Receipt Data Cements Customer Loyalty
April 06, 2023  |  Digital-First Banking

Financial institutions (FIs) have had many reasons to consider the benefits of investing in receipt data solutions. These range from fighting friendly fraud to helping their merchant...

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B2B Platforms Need Flexible Payment Infrastructure to Scale
B2B Platforms Need Flexible Payment Infrastructure to Scale
April 06, 2023  |  Payment Methods

The platform economy accounts for over two-thirds of eCommerce transactions, but according to Romain Mazeries, CEO at FinTech firm Mangopay, solutions that tackle the complex...

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Calls to Pause AI Development Miss the Point of Innovation
Calls to Pause AI Development Miss the Point of Innovation
April 05, 2023  |  artificial intelligence

Innovations transform the economy and change the realities of daily life. The sign of a healthy, competitive market is one where the doors are open...

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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...

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Boxed Bankruptcy Shows Cracks in Pandemic’s SPAC Funding Frenzy
Boxed Bankruptcy Shows Cracks in Pandemic’s SPAC Funding Frenzy
April 04, 2023  |  Retail

It seems like a lifetime ago — SPACs were the “it” way to take companies public. And during the pandemic, eCommerce delivery businesses were the...

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Amazon Blocked Opening of 800,000 Fake Seller Accounts in 2022
Amazon Blocked Opening of 800,000 Fake Seller Accounts in 2022
April 04, 2023  |  Amazon

Amazon said it stopped six million counterfeit products from entering the ecosystem in 2022 as the marketplace expands its Project Zero initiative to get fakes off...

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PayPal Unlocks Enterprise Merchant Features for Small Business With Advanced Checkout Upgrades
PayPal Unlocks Enterprise Merchant Features for Small Business With Advanced Checkout Upgrades
April 04, 2023  |  Payment Methods

Online merchants have long used PayPal and Venmo to drive checkouts. But in the current macro environment, for smaller online sellers to move beyond the...

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