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How Do Customers — And Retailers — React To Tax Returns?

PYMNTS

For all the johnny-come-latelies who spend the hours before midnight on April 17 scrambling to submit their tax forms, there are millions more Americans who are sitting pretty with their tax refunds already in hand. It’s a peculiar part of tax season. While a National Retail Federation survey found that 65.5

Taxes 100
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Despite Plenty Of Concerns, SMB Optimism Holds Fast

PYMNTS

Small business owners have a lot on their plates today and, depending on who one asks, top concerns range from taxes to late invoice payments. That doesn’t mean non-millennial entrepreneurs are necessarily struggling, though. Still, less than half said they expect their local economies and the national economy to improve in 2018.

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Walmart Hits With Grocery, Misses Online

PYMNTS

Walmart acquired Jet.com for roughly $3 billion in September 2016, followed by a series of eCommerce investments throughout 2017, including Bonobos, ModCloth and Moosejaw. That mild miss, Walmart noted, came as the firm pulled forward some investments for tax purposes. Walmart reported earnings of $1.33 Beyond the Numbers.

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The Old Guard Vs. The New Wave In Retail

PYMNTS

Large retailers, like Sears and Kmart, are held to a separate set of standards than their eCommerce counterparts when it comes to collecting sales tax and paying above minimum wage to their large pool of in-store employees. According to a new projection from National Retail Federation, retail sales are estimated to grow just 3.1

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Is Waiting For Payday Giving Way To Instant Gratification?

PYMNTS

According to a CareerBuilder report , 75 percent of consumers reported living paycheck to paycheck in 2017, up 7 percent from 68 percent in 2016. Faster payments are particularly important among the up-and-coming Bridge Millennial demographic as well, with 32 percent expressing a strong interest in faster access to their pay.

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Taking Your Coffee With Sugar, Milk And Blockchain?

PYMNTS

On the back of this social commerce model, the company now sees about $500 million in annual sales and has become one of the most recognizable names, particularly to millennial consumers in the footwear industry. These are challenges that Daniel Jones, who founded Bext360 in 2016 and serves as its CEO, is all too familiar with.

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Building Financially Empowered Youth; Our Future Depends on Them

Filene

A 2013 FDIC National Survey of Unbanked and Underbanked Households showed that more than 30% of household members under the age of 24 are unbanked—significantly higher than older generations. They produced a “Don’t Tax My Credit Union” video for Congress in support of credit unions.

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