inflation

History Suggests Black Friday ‘22 Could See Similar Consumer Response Amid Sales Fatigue

History Suggests Black Friday ‘22 Could See Similar Consumer Response Amid Sales Fatigue
History Suggests Black Friday ‘22 Could See Similar Consumer Response Amid Sales Fatigue
November 07, 2022  |  Retail

The holiday shopping headwinds are completely different this year than last, but PYMNTS research suggests the impact on consumers’ buying habits could mirror those reported...

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Retailers’ Seasonal Hiring Hopes Find Relief From Rise in Second Job Seekers
Retailers’ Seasonal Hiring Hopes Find Relief From Rise in Second Job Seekers
November 07, 2022  |  Economy

With inflation rising, more Americans — including a number of white-collar workers — are seeking second jobs. Get the Full Story Complete the form to...

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Virgin Money Accredited Under UK’s General Export Facility Program
Virgin Money Accredited Under UK’s General Export Facility Program
November 06, 2022  |  emea

Financial service firm Virgin Money has joined the English government’s General Export Facility (GEF), opening up access to financial support to the company’s business clients...

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11.5% of Main Street Personal Services Firms at Risk of Closing in Two Years
11.5% of Main Street Personal Services Firms at Risk of Closing in Two Years
November 04, 2022  |  SMBs

Inflation is the double-edged sword bedeviling Main Street SMBs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Hershey Sees Sales Bump From Demand for Affordable Treats and Stress Relief
Hershey Sees Sales Bump From Demand for Affordable Treats and Stress Relief
November 04, 2022  |  Earnings

One might expect that sales of non-essentials like candy would suffer from consumers’ belt-tightening during times of high inflation, but confectionery giant Hershey said Friday...

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PayPal Claims Top Spot in BNPL as Q3 Volume Spikes 157%
PayPal Claims Top Spot in BNPL as Q3 Volume Spikes 157%
November 03, 2022  |  Platform Payments

PayPal’s users are still engaged, but spending is clearly slowing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Carvana Expects Used Car Industry to Remain Challenging in 2023
Carvana Expects Used Car Industry to Remain Challenging in 2023
November 03, 2022  |  eCommerce

Used car eCommerce platform Carvana said it expects the industry will face headwinds well into 2023, saying it plans continued cost-cutting measures to counter them....

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Stripe Blames ‘Overhiring’ for 14% Job Cuts
Stripe Blames ‘Overhiring’ for 14% Job Cuts
November 03, 2022  |  Personnel

Stripe will lay off 14% of its workforce, a move the payments company blamed on the “very consequential mistakes” of growing operating costs too quickly...

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Maersk Sees ‘Dark Clouds’ on World Shipping Horizon
Maersk Sees ‘Dark Clouds’ on World Shipping Horizon
November 02, 2022  |  Shipping

While reporting record revenue Wednesday (Nov. 2), global shipping giant Maersk nonetheless warned of “dark clouds” facing its industry. Get the Full Story Complete the...

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