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It’s Pedal To The Metal For Online Car Sales

PYMNTS

Established dealers reacted by aggressively expanding website selling that’s been in place for years, with one Michigan auto dealer telling The Wall Street Journal in late June, “I truly believe we sold more cars last month because we’re finally utilizing technology more efficiently.”. We believe this shift is here to stay.” .

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COVID Spawns Local SMB Loans, Mask Shortages And More Suburban Starbucks

PYMNTS

For instance, Muskegon County, Michigan is offering so-called “ recovery loans ” of up to $20,000 to local businesses with fewer than 25 employees. According to PYMNTS’ recent How We Shop survey, 59 percent of U.S. For example, 49 percent of consumers are shopping more online and less in stores.

Michigan 249
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Gov’t: US Manufacturing Spend Dips As US Consumer Spending Rises

PYMNTS

According to data and surveys by the government, there existed a schism between slightly depressed manufacturing numbers and consumer spending, which was up in January. according to data from the University of Michigan released last week. Only 7 percent of respondents mentioned concern about the coronavirus when surveyed.

US 159
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Can eCommerce Overcome The Strain Of COVID-19?

PYMNTS

The increase started in February, with online orders up 108 percent year over year, according to Quantum Metric. Melnyk , professor of operations and supply chain management at Michigan State University. GoodFirms surveyed more than 100 of the top eCommerce experts to determine the most effective tactics for small-scale online shops.

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Partners Against Crime: Visa Leads Effort To Fight Fraud With New Dynamic CVV Codes

PYMNTS

That’s one of the takeaways from a recent PYMNTS panel discussion with Visa ’s Director of Global Chip Product Tom Rapkoch , Keyno CEO Robert Steinman and Assistant Vice President of Digital Strategy and Innovation at Michigan State University Federal Credit Union Ben Maxim. How It Will Work.

Fraud 316
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New Tariffs On Clothes, Shoes To Hit Consumers In The Wallet

PYMNTS

“It will take a bit of time for the more expensive clothes and shoes now being unloaded at the ports to make it on to store shelves and into online retailers’ warehouses.”. A recent survey by the University of Michigan showed a drop in consumer confidence in August to its lowest level since Trump was elected.

Michigan 165
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Domino’s Rolls Out New Stores; Reports Double-Digit Q2 Sales Increase

PYMNTS

The pizza chain’s earnings and revenue also came in well above the expectations of analysts surveyed by FactSet, who had predicted earnings per share of $2.24 The Ann Arbor, Michigan-based company’s strong growth amid the coronavirus crisis has been aided by its push into online and mobile ordering. and revenue of $915 million.

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