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Retail Sales Will Be Greater Than Anticipated In 2016, According To National Retail Federation

PYMNTS

Because consumer spending is expected to be higher than anticipated in 2016, with sales growing at a rate of 3.4 percent, the National Retail Federation said on Tuesday (July 26). In the first quarter of 2016, retail sales grew at a pace of about 4 percent. percent instead of the previously forecasted 3.1

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3 Alternative Lending Startups to Watch

Bank Innovation

In markets like Australia, this is already happening. National Australia Bank set up its own alternative lending arm called QuickBiz Loans back in 2016. Over the […].

Lending 282
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India Closes 2016 On Top

PYMNTS

FinTech is no stranger to this pattern, and while venture capital levels have seemed to dwindled in certain markets (analysts found VC funding down by 29 percent in 2016 compared to last year), B2B startups remain the apple of many investors’ eyes. India saw a particularly lucrative year. Supply Chain Management. ShopKirana.

Capital 124
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China Drops Growth Target For 2016

PYMNTS

The Wall Street Journal obtained a copy of State Council Premier Li Keqiang’s “ Report on the Work of the Government ,” which the statesman delivered at the annual meeting of the National People’s Congress on Saturday (March 5). and 7 percent. “ These predictions of a hard landing are destined to come to nothing.”

National 100
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The Antiques Market Bids Heavy On eCommerce

PYMNTS

We do print ads locally, and we have a newsletter that goes to about 2,000 customers, but now we have a chance to be more national and even international,” Steffenson noted. ” According to the Art Basel and UBS Global Art Market Report of 2020, global sales of art and antiques reached $64.1

Marketing 151
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Retail Rents Set To Rise In 2016

PYMNTS

As of Q1 2016, vacancy rates were hovering around 10 percent in 80 major U.S. Retail is a nuanced story of the haves and the have nots,” said Ryan Severino , senior economist and director of research at Reis, according to National Real Estate Investor. percent, respectively, according to New York City-based research firm Reis Inc.

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India Finance Minister: Visa, Mastercard Losing Local Market Share

PYMNTS

“Today, Visa and Mastercard are losing market share in India to [an] indigenously developed payment system of UPI and RuPay Card, whose share have reached 65 percent of the payments done through debit and credit cards,” Jaitley said in a Facebook post, as noted by the newswire.

Marketing 157