As many small- to medium-sized businesses (SMBs) have spent the last year recovering from the impact of the pandemic, mom-and-pop retailers have struggled to regain their footing. By the Numbers The PYMNTS Intelligence report “Main Street Businesses Are Outperforming the US Economy” examined the state of the...
The pandemic reportedly did little to close the gap between the rich and the poor. Despite some belief that a robust job market and strong wage gains would bridge the divide, the richest Americans are seeing their wealth increase, Reuters reported Monday (Oct. 9). Federal...
Cosmetics maker Revlon has announced the appointment of Elizabeth “Liz” A. Smith as interim CEO of the company, effective Tuesday (Aug. 1). Smith takes over from Debra Perelman, who is stepping down from her role as president and CEO and board member, but will remain an advisor to the...
This installment of PYMNTS’ mini-series on consumer behavior popularized during the pandemic focuses on the rise of online grocery purchases. The end of lockdowns did not signal the end of market share woes for brick-and-mortar grocers, who have ceded significant spend to their digital counterparts...
July 06, 2023
This installment of PYMNTS’ mini-series on consumer behavior popularized during the pandemic focuses on the rise of online grocery purchases. The end of lockdowns did not signal the end of market share woes for brick-and-mortar grocers, who have ceded significant spend to their digital counterparts — and it could be getting worse for the beleaguered […]
January 04, 2023
Mirroring increases in other pillars of the connected economy, by the third quarter of 2022, consumers were working remotely and online 10% more than they did one year prior. That’s...
November 22, 2022
No one quite knows what life after the pandemic might look like, as we’re all still in a state of returning to “normal.” For the Main Street small- to medium-sized...
July 15, 2022
Businesses increasingly see delivery preferences, speed of delivery, cost of delivery and inbound supply chain as competitive advantages. As a result, the role of logistics and the supply chain is...
August 16, 2024
Private jet charter flights reportedly experienced a decline of 15% in the first half of this year compared to their peak in 2022. The drop in demand can be partly attributed to a waning of the surge in demand caused by the pandemic and to the emergence of a new competitive landscape for high-end travel, […]
October 09, 2023
The pandemic reportedly did little to close the gap between the rich and the poor. Despite some belief that a robust job market and strong wage gains would bridge the...
June 26, 2023
China’s lifting of COVID restrictions has reportedly not been enough to support consumer spending. Domestic travel spending remains 16% below pre-pandemic levels, home sales are slower than normal and car sales have...
June 12, 2023
India’s Ministry of Health and Family Welfare is investigating what it called baseless reports of a data breach of its COVID vaccine database. The ministry said it has seen reports...
