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US Household Debt Drops For First Time Since 2014

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household debt for the first time since 2014, the Financial Times (FT) reported. And while spending was up at supermarkets and wholesale retailers, spending at gas stations and restaurants fell sharply. The steep decline in consumer spending resulted in less U.S. At the end of June, consumer debt balances sat at $14.27

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Retail 2021: The Five Things Retailers Should Be Talking About At NRF This Week

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Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Retail is now about logistics and the last mile.

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Providing Access To Healthy Meals With Telehealth Retail

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The quickly evolving telehealth category has a new business model, with diabetes prevention program (DPP) Fruit Street teaming with meal kit company Purple Carrot to add a retail spin to its health advisory service. Data: 2014: The year Fruit Street was started. All this, Today in Data.

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Amazon And Walmart’s Battle For Consumer Retail Spend

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But in other ways, it was business as usual, as the two biggest retailers in the world – Walmart and Amazon – posted stellar earnings numbers and competed in more muted ways for the U.S. via Amazon have increased from $86 billion in 2014 to $339 billion in 2019. percent for retail. consumer’s whole paycheck. That’s up from 9.6

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Powering Retail Innovation With Digital Technology

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In investments, retail dispute management firm Chargeback closed a funding round to speed up growth and to help retailers reduce credit card disputes. And in tech, the future of retail may include mobile scanning. Data: 2014: The year Lumen was founded. All this, Today in Data.

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New Beginnings In Retail And Digital Payments

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In brick-and-mortar retail, women’s clothing and accessories company Charming Charlie aims to have a big comeback this year, while JCPenney is beginning the new year with a post-Chapter 11 reboot, with new owners, new financing and soon a new chief executive. 2014 : The year that healthy pet food company Freshpet went public.

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How Retailers Can Ride The Rise Of Mobile Wallets

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Starting with the release of Apple Pay in 2014, there was a veritable rush of proprietary mobile wallets sent to market, a host of “. And in many places, for the first time, our retailers are open to it. And the answer is, “Yes, a bar code can give you a way to do that — and in a form that retailers already understand how to accept.”.

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