Retailers welcome new debit card regulationsThe nation’s retail groups are applauding a move by the Federal Reserve that will help level the payment processing field for online and in-store transactions. Secondhand fashion marketplace Poshmark acquired in billion dollar dealPoshmark has agreed to be acquired in a deal valued at approximately $1.2 billion. NRF: Consumers still spending; a recession would likely be ‘mild’ Concerns about high inflation and the Federal Reserve interest rate hikes intended to bring it under control, haven’t stopped consumers from spending. Survey: Struggling consumers seek to reduce spending Even affluent consumers are finding ways to cut costs as inflation takes its toll on shopping behavior. Amazon expands program to loan small sellers up to $250,000 Amazon is moving its Amazon Community Lending initiative out of pilot stage. Consumer confidence rises to five month high U.S. consumer confidence rose in September for the second consecutive month amid lowering gas prices and a healthy job market. Rite Aid Q2 loss widens; execs discuss shoplifting problems in NYC Rite Aid posted weak results for its second quarter. Bed Bath & Beyond in big Q2 loss as revenue falls 28% Bed Bath & Beyond’s struggles continued in its second quarter as the company’s loss widened significantly and sales fell. Study reveals where consumers will reduce spending A new survey reveals where consumers plan to cut back their spending in the coming months. Survey: Black Friday, Cyber Monday lose luster with holiday shoppers The timing of when consumers will do their holiday shopping is shifting from years past. First Previous 184 185 186 187 188 Next Last
