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As Gap Joins thredUP, Resale Continues Its Momentum

PYMNTS

After Nordstrom and Macy’s recently launched high-end resale retail platforms, Gap has now joined them. And lest you think it’s a bit of desperation move for struggling retailers, guess again. Instead of receiving cash they get a credit with the retail partner. Resale is becoming mainstream. The overall resale market in the U.S.

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The Mobile Magic Of Summer Vacation

PYMNTS

Summer means all kinds of things: trips to the beach, visits to national parks, road trips and, of course, Disneyland — the classic. 51 percent : The share of millennials more likely to buy from a brand with a pleasant mobile experience. 8 trillion : The estimated value of the cybercrime market by 2022. . $70

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California Dreamin’ (Of A Higher Minimum Wage)

PYMNTS

1, 2022 (for large businesses, with small businesses set to reach that minimum wage threshold by 2023). The $15 hourly minimum wage would be the highest in the nation, and the proposal represents a potential game-changer in the battle to raise the federal minimum wage, which currently stands at $7.25 an hour on Jan.

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COVID Crisis: What Happens If Most People Don’t Get The Vaccine?

PYMNTS

PYMNTS fielded a national consumer study of 2,806 U.S. In this, PYMNTS’ 14 th study of a national sample of now roughly 40,000 consumers since March on their sentiment about COVID and the digital behavioral shifts it has caused, we learned a lot. and global economy for most of 2020. That’s assuming most people got the vaccine.

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Is It Time For Apple To Allow Others Access To The iPhone NFC Chip?

PYMNTS

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. One hundred and ten (110) million U.S. consumers — 47.2

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Deep Dive: Why Staffing Agencies Must Consider Payroll Cards

PYMNTS

Retailers often need additional coverage during peak holiday shopping periods, hospitals may need substitutes for nurses on paternity leave and construction companies might need to increase staff for sizable projects. The national unemployment rate fell to its lowest level since 1969 in April 2019 — 3.6 million by 2022.

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How community banks can help young homebuyers

Independent Banker

As house prices skyrocket, student loan debt grows and wages stagnate, many Gen Zers and millennials are watching their homebuying dreams move out of reach. year-over-year increase in the first quarter of 2022, according to the National Association of Realtors (NAR). By Beth Mattson-Teig. The student loan challenge.