Foot Locker Reports Rough Q1 as It Readies New Formats, Loyalty and Omnichannel Strategy
Foot Locker Reports Rough Q1 as It Readies New Formats, Loyalty and Omnichannel Strategy
May 19, 2023  |  Earnings

Foot Locker struggled in the first quarter amid wide-ranging changes to the athletic footwear and athleisure retailer’s physical footprint, brand mix, digital and omnichannel efforts....

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UK Treasury Committee Proposes Regulating Consumer Crypto Trading as Gambling
UK Treasury Committee Proposes Regulating Consumer Crypto Trading as Gambling
May 19, 2023  |  Cryptocurrency

Consumer trading in cryptocurrency should be regulated not as a financial service but as gambling. Get the Full Story Complete the form to unlock this...

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Fed Officials Reportedly More Divided Than Ever on Rate Hikes
Fed Officials Reportedly More Divided Than Ever on Rate Hikes
May 19, 2023  |  Economy

Federal Reserve officials reportedly seem more divided than ever on whether more interest rate hikes are needed. Get the Full Story Complete the form to unlock...

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NY Fed Teams With Singapore on Multicurrency Cross-Border CBDC Project
NY Fed Teams With Singapore on Multicurrency Cross-Border CBDC Project
May 19, 2023  |  CBDC

Cross-border payments are a major railway for facilitating the functioning of the global economy. Get the Full Story Complete the form to unlock this article...

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Grab’s Slowing Growth Reflects Super App Challenges and Resilience Amid Inflation
Grab’s Slowing Growth Reflects Super App Challenges and Resilience Amid Inflation
May 19, 2023  |  Earnings

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Five Below Expands Retail Footprint With Simon
Five Below Expands Retail Footprint With Simon
May 19, 2023  |  Retail

Specialty discount retailer Five Below has unveiled plans to expand through Simon’s retail portfolio, including its Premium Outlets. Get the Full Story Complete the form to...

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Lululemon Adds Textile Recycling to Its Circularity Initiatives
Lululemon Adds Textile Recycling to Its Circularity Initiatives
May 19, 2023  |  Retail

Lululemon has made a minority investment in Australian recycling company Samsara Eco. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Even Discount Retail CEOs Say Shoppers Are Pulling Back   
Even Discount Retail CEOs Say Shoppers Are Pulling Back   
May 19, 2023  |  Retail

Amid inflation, shoppers are actively seeking out affordable options. This trend has prompted consumers to search for merchants whose prices are in line with their...

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Economic Downturns Showcase CU Lending Advantages
Economic Downturns Showcase CU Lending Advantages
May 19, 2023  |  Credit Unions

University of Illinois Community Credit Union’s Kate Rogers says that favorable lending rates on everything from car loans to mortgages and a reputation for helping...

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