An app designed to make life easier for food stamp recipients is expanding the commerce-related services it offers to low-income Americans, but a new challenge related to data could hamper the ability of Propel, the company that operates the app, to gather the data upon...
It’s a set of statistics that all of us have heard many times before: In the U.S., nearly half of the population doesn’t have $400 on hand in the event of sudden need, over a quarter of American households are un- or underbanked and 55...
May 04, 2018
An app designed to make life easier for food stamp recipients is expanding the commerce-related services it offers to low-income Americans, but a new challenge related to data could hamper the ability of Propel, the company that operates the app, to gather the data upon which it depends. New features being rolled out include grocery […]
May 12, 2017
It’s a set of statistics that all of us have heard many times before: In the U.S., nearly half of the population doesn’t have $400 on hand in the event...
May 26, 2024
What happens when consumers grow too cash-strapped for discount stores? In some cases, the stores go under. As Bloomberg News reported Sunday (May 26), the economic pressures on lower and middle-income Americans have begun to impact the retailers that cater to them. For example, fashion retailer Rue21, whose customers have an average annual household income of around $50,000, […]
