Connected Economy

The innovations in technology, connected devices, software, payments and cellular technology make it possible for people and businesses to connect with each other and do business via any device, an in any digital or physical location safely, securely, and in real time. This integration of the digital and physical worlds will transform the economy across the ten pillars that today represent its key cornerstones – pillars that are already experiencing the impact of disruptive innovation as new blended, digital-first experience-driven ecosystems are now taking shape.

Shein and Forever 21 Forge Fast-Fashion Alliance

Shein and Forever 21 Forge Fast-Fashion Alliance
Shein and Forever 21 Forge Fast-Fashion Alliance
August 24, 2023  |  Retail

Chinese fast-fashion giant Shein has launched a partnership with American clothing retailer Forever 21. Get the Full Story Complete the form to unlock this article and enjoy...

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Giant Food Closes Three eCommerce Facilities as Grocers Rethink Fulfillment
Giant Food Closes Three eCommerce Facilities as Grocers Rethink Fulfillment
August 23, 2023  |  eCommerce

As merchants look for ways to improve the margins of online grocery, Giant Food is backpedaling, reportedly closing three delivery fulfillment centers to find a...

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Citi Streamlines Retail Offering as Personal Banking Income Grows 11%
Citi Streamlines Retail Offering as Personal Banking Income Grows 11%
August 23, 2023  |  Banking

Citi has introduced a series of new offerings designed to streamline its retail banking business. Get the Full Story Complete the form to unlock this article...

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Home Is Where the Heart and the Connected Consumer Is 
Home Is Where the Heart and the Connected Consumer Is 
August 23, 2023  |  Connected Economy

Consumers’ move towards living more digitally connected lives continues to grow, with participation in the ConnectedEconomy™ experiencing an 8% year-over-year rise as of April. This surge...

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As Consumers Cut Back on Discretionary Spending, Macy’s Amplifies Leaner and Personalized Inventory
As Consumers Cut Back on Discretionary Spending, Macy’s Amplifies Leaner and Personalized Inventory
August 23, 2023  |  Earnings

Consumers are cautious these days about their spending.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Middle-Class Crunch Leads to Consumer Cutbacks and Merchant Trade Downs 
Middle-Class Crunch Leads to Consumer Cutbacks and Merchant Trade Downs 
August 23, 2023  |  Consumer Finance

Consumers making between $50,000 and $100,000 may be caught in a middle-income “crunch” these days as inflation’s growth slows while still trending upwards, and real wages stagnate....

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More Restaurants Add Designated Pickup Areas as Consumers Shift to Carryout
More Restaurants Add Designated Pickup Areas as Consumers Shift to Carryout
August 22, 2023  |  ResTech

With inflation concerns prompting many consumers to choose restaurant pickup over delivery, more eateries are creating spaces in their restaurants to accommodate this shift. Get...

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Report: African FinTech Flutterwave Planning an IPO
Report: African FinTech Flutterwave Planning an IPO
August 22, 2023  |  IPO

 Nigerian payments company Flutterwave is reportedly planning to go public. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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