January 8, 2021There’s no doubt that the small business community is facing a period of immense tribulation. In addition to navigating forced shutdowns and supply chain disruptions, business owners are now tasked ...
December 21, 2020Logic-defying though it might be, it seems that the COVID-19 pandemic has found a way to get just a little bit worse as 2020 is coming to an end. Reports ...
December 21, 2020As PYMNTS researchers recently wrote, “news of the availability and distribution of COVID-19 vaccines has Main Street SMBs feeling optimistic about their chances of survival, yet uncertainty remains around when ...
December 17, 2020The dust is not settled. But things are not as bleak as they once were. Main Street businesses are optimistic about their longer-term survival — meaning that they believe their ...
December 16, 2020The first round of COVID-19 vaccinations are underway in the United States, and businesses are growing more optimistic about the future than they have been in months. The average small- ...
November 26, 2020When we think about holidays on Main Street, there is a certain mental image we all flash to, nurtured by decades of singing Christmas carols. We all know the picture ...
November 23, 2020The holiday shopping rush is always critical for Main Street small and medium-sized businesses (SMBs) in the U.S. — a reality more starkly drawn in 2020 as some of those ...
November 10, 2020The late Roy Ash, financial adviser to U.S. presidents and instrumental in establishing the government’s Office of Management and Budget (OMB) is quoted as saying, “An entrepreneur tends to bite off ...
October 30, 2020The Federal Reserve Board has modified the terms of the Main Street Lending Program (MSLP) to make it more obtainable for smaller businesses, according to a Fed statement on Friday ...
October 19, 2020Consumers crave certainty, and they work pretty hard to minimize the risk of making a bad choice. That’s why once consumers find something that works, they stick with it. And ...
September 28, 2020Perhaps the greatest indicator of optimism is the willingness to put one’s money where one’s mouth is.
That’s especially true for small businesses, where optimism is showing up across any number ...
September 21, 2020What will the 42 percent solution be?
Recent PYMNTS data show that 42 percent of Main Street small and medium-sized businesses (SMBs) have reduced payroll to help mitigate the financial impact ...
September 16, 2020America is reopening, with consumers and businesses popping out like the buds of May, only five months late. As the COVID-19 summer turns to fall, a seasonal checkup is in ...
September 11, 2020It’s the end of another work week, and the PYMNTS Weekender is here to catch you up on the latest news. We have deep dives on Main Street, disbursements and ...
September 11, 2020In today’s top news, gaming hardware firm Razer eyes expanding into banking operations in the U.S. and Europe, and Square CEO Jack Dorsey is all in for bitcoin. Plus, real-time ...
September 7, 2020Summer wanes, Labor Day is here, and — as prodded by the name of the holiday — thoughts turn to work.
The latest round of employment data, released Friday (Sept. 4), shows ...
September 3, 2020Trend — or more tightrope walking?
The latest data on weekly jobless claims show a bit of improvement, but we’re not out of the woods yet.
As the small and medium-sized businesses ...
August 21, 2020It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have ...
August 20, 2020What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but ...
August 17, 2020Pivoting into the restaurant business might seem like an unusual choice for a small business owner trying to stay afloat during a global health pandemic. But for Hallie Kuperman, owner ...
August 5, 2020Since all hell broke loose in March, PYMNTS tracking of COVID-19’s impact on small and medium-sized businesses (SMBs) — and consumer spending that favored them over category killers like Amazon and Walmart ...
August 4, 2020The first half of 2020 was a tough time to run a small business on Main Street as stay-at-home orders closed down restaurants and retailers for much or all of ...
July 31, 2020From complex biopharma work on a vaccine to a galaxy of cloud solution providers harnessing artificial intelligence (AI) and machine learning, the commercial response to COVID-19 is decidedly high-tech. Lately, ...
July 27, 2020It’s been long said that small- to medium-sized businesses (SMBs) are the backbone of the American economy.
That’s hard to argue with considering more than 99 percent of American firms are ...
July 20, 2020Cash flow is the lifeblood of Main Street small business. Under COVID-19 cash flow dried up almost overnight, triggering what’s starting to look like a kind of mass extinction of ...
July 15, 2020In today’s top news, BigCommerce filed for an IPO, and the country’s largest banks have set aside almost $30 billion to cover COVID-19-related losses. Plus, Afterpay has partnered with Google ...
July 15, 2020Main Street small- to medium-sized businesses (SMBs) are a barometer for the economic vitality and the health of the broader U.S. economy.
After all, a bustling Main Street signals new business ...
July 2, 2020Downtowns everywhere from Maine to California are dealing with varying degrees of economic and existential pain as a result of the pandemic, but nowhere is the pain as acute as ...
June 22, 2020The nonprofit Opportunity Fund — which makes loans to small businesses owned by low- and moderate-income immigrants, women and other underserved clientele — started 2020 fairly optimistically. The organization expected ...
June 16, 2020Main Street shops and restaurants are preparing to reopen in the safest way they can conceive of — with things like masked staff, temperature checks, gloves and frequent sanitizing sessions. ...
June 5, 2020Terry Schalow is the executive director of the Running Industry Association (RIA). In addition to working toward its general mission of moving the sport and hobby forward, the RIA functions ...
June 4, 2020The Federal Reserve will launch the Main Street Lending Program, which is geared toward mid-sized businesses, this week. By contrast, the Paycheck Protection Program (PPP) loans were designed to help ...
June 1, 2020Small to medium-sized retailers, the denizens of Main Street, are facing an existential crisis in the face of the pandemic. No news there. The situation can seem so overwhelming that ...
May 29, 2020The lockdown of the United States economy, which was designed to slow the coronavirus’ spread, changed the way consumers browse, shop and pay for purchases. Businesses that didn’t have eCommerce channels could ...
May 29, 2020If there’s a playbook for Main Street’s migration to digital, Toronto’s Schulich School of Business is authoring a very effective chapter.
It starts with a public-private partnership, has a great pizza ...
May 28, 2020When the United States economy locked down to slow the spread of the coronavirus, it rapidly and radically altered the way consumers browsed, shopped and paid for goods and services ...
May 27, 2020For the small shops and independently owned restaurants that line America’s Main Streets from coast to coast, the past eight weeks have been a difficult time leading toward an incredibly ...
May 25, 2020Following the frantic dash among small businesses for a portion of the government’s Paycheck Protection Program (PPP) funding, small businesses were faced with some difficult hurdles.
Marred by regulatory confusion, claims of ...
May 22, 2020The data painted a dark picture for Main Street retail this week, with a new Facebook & Small Business Roundtable study showing that over 30 percent of small to medium-sized ...
May 20, 2020Most businesses have been hit hard by the global pandemic, but perhaps no segment has been more crippled or left with a future more uncertain than the Main Street local establishments that rely ...
There’s no doubt that the small business community is facing a period of immense tribulation. In addition to navigating forced shutdowns and supply chain disruptions, business owners are now tasked ...
