Predictive Analytics

First Data report: October prepaid card spend slowed

Atlanta -- A report released Monday by payment solutions provider First Data Corp. found that year-over-year October dollar volume growth of activations of closed-loop prepaid cards was 2.7%, down from 8.9% year-over-year growth in September.

The First Data SpendTrend Closed-Loop Prepaid Cards analysis tracks U.S. same-merchant activations, redemptions and reloads of merchant-branded prepaid cards, including spending, gift, incentive and promotional cards.
Kronos Index: Holiday hiring lagging behind last year
Kronos Index: Holiday hiring lagging behind last year

Chelmsford, Mass. -- A report released by workforce management solution-provider Kronos found that holiday hiring levels are lagging behind 2009 numbers.

According to the Kronos Retail Labor Index, which analyzes demand and supply sides of the labor market within the U.S. retail sector, the index decreased in October to 3%, down 16% from the September 2010 level of 3.6%. (A level of 3% means that for every 100 applications received, three hirings occurred).
Deloitte: Consumers to spend more this holiday despite mixed view on economy
Report: U.S. jobless claims fell last week to lowest level since July
Consumer survey: Most shoppers plan to spend same or more during holidays
Profits down, expansion outlook up at HH Gregg
SpendTrend report shows slowed card spending growth
The calm before the credit storm
Best Buy signs data warehouse agreement with Teradata

T-Mobile selects Portrait Software to improve retention, profitability