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 ...
May 15, 2020If anyone is on the front lines of Main Street’s struggle to survive, it’s Amanda Ballantyne. As the executive director of the Main Street Alliance, she is in charge of ...
May 13, 2020It’s one step up and one step back for the retail community in Toronto. In the same week, the city’s Digital Main Street program got a boost from academia, while ...
May 12, 2020In Toronto, a new service called DMS ShopHERE, powered by the Schulich School of Business, aims to help small companies and artists move their businesses online.
The initiative will provide small to ...
May 11, 2020The post-pandemic reality is setting in for Main Street retail even though the crisis is hardly over, while Paycheck Protection Program (PPP) loan guidance issued in late April marked a major change from when ...
May 8, 2020The crisis is hardly over, but post-pandemic reality is setting in for Main Street retail. Government program subsidies and loans have been snapped up by larger companies and mid-sized chains, ...
May 8, 2020For companies like Fiserv, Fidelity National Information Services (FIS), PayPal and others, selling terminals, offering payments platforms and designing checkout buttons, top and bottom lines were poised to move up ...
May 8, 2020During last week’s On The Agenda discussion of the many twists and turns that now characterize the PPP program, Karen Webster, Planters First Bancorp CEO Dan Speight, Ingo Money CEO Drew Edwards and special guest Opportunity ...
May 6, 2020The pandemic has spared no one on Main Street – the fallout has touched everyone, from the smallest of storefronts to the largest of mid-sized companies.
To that end, a report ...
May 1, 2020Since the launch of the Paycheck Protection Program (PPP) in early April, the single-minded focus of the U.S. Treasury, the banks approved to process PPP loans and the small- to medium-sized businesses ...
May 1, 2020
The COVID-19 pandemic has triggered a massive consumer migration to digital commerce. Consumers living under stay-at-home orders are going online to manage their personal and professional lives. Consumers’ use of ...
April 30, 2020The Federal Reserve is extending its $600 billion Main Street lending program to reach small and medium-sized businesses (SMBs) hit by the coronavirus pandemic, the central bank said Thursday (April ...
April 28, 2020The Federal Reserve is nearly ready to debut its new Main Street lending program, and it is reaching out to banks for advice, according to a report from CNBC.
The program ...
America 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 ...
