As the holiday shopping season approaches, Walmart has announced that it is will not hire additional staff to serve customers during this peak period. This comes as other major U.S. retailers, concerned about a potential slowdown in seasonal shopping, rising labor costs and economic uncertainties,...
Shoppers are reportedly opting for affordable items during Amazon’s fall sale for Prime subscribers. Early data from the retailer’s Prime Big Deal Days event reveals that price-conscious shoppers are primarily gravitating towards low-cost kitchen gadgets and apparel instead of splurging on big-ticket items, Bloomberg reported Tuesday (Oct....
The holiday season is a time of joy and celebration, but it can also be a time of intense financial stress for many consumers, especially those living paycheck to paycheck. According to a new PYMNTS Intelligence report titled “New Reality Check: The Paycheck-to-Paycheck Report,” which examines how...
The pandemic has been fundamentally disruptive for restaurants, requiring rapid pivots — mostly on the fly. Such has been the case for Boston wine bar haley.henry, an eatery known for small plates, tinned fish and all-natural, small-batch wines shipped from all over the world. When...
November 20, 2023
One month before the start of the holiday season, 60% of consumers lived paycheck to paycheck. Nineteen percent struggle to pay their monthly bills. These shares are virtually unchanged from last year, indicating that consumers have adjusted to the current economic environment. Even so, consumers still worry about the economy, and many report that they […]
September 23, 2020
The pandemic has been fundamentally disruptive for restaurants, requiring rapid pivots — mostly on the fly. Such has been the case for Boston wine bar haley.henry, an eatery known for...
January 31, 2020
Back to the trillion-dollar club they go. Amazon’s stock price shot up in after-hours trading, as the eCommerce company blasted past expectations when it announced its Q4 earnings results. Its...
January 24, 2020
In 2019, Chinese consumers spent $149 billion across the Chinese New Year holiday, according to China’s Ministry of Commerce — a sum widely expected to be exceeded in 2020 to...
October 16, 2023
As the holiday shopping season approaches, Walmart has announced that it is will not hire additional staff to serve customers during this peak period. This comes as other major U.S. retailers, concerned about a potential slowdown in seasonal shopping, rising labor costs and economic uncertainties, are scaling back on their typical hiring sprees, according to […]
October 10, 2023
Shoppers are reportedly opting for affordable items during Amazon’s fall sale for Prime subscribers. Early data from the retailer’s Prime Big Deal Days event reveals that price-conscious shoppers are primarily...
January 07, 2020
MoneyGram reported a record-breaking online transaction growth over the holiday period. Between Dec. 1 and Dec. 25, the company, a leader in money transfer services, reported a transaction growth of...
December 18, 2019
FedEx saw a drop in its shares during after-hours trading in New York on Tuesday (Dec. 17), with shares dipping 6.5 percent to $152.62. The drop came on the heels...
