An uptick in cases could give a second boost to e-commerce, which saw growth slightly slow down as retail reopened. Nonstore retail sales, a good proxy for e-commerce, were up 23.5% annually — a slight slowdown from gains in May, per The WSJ. Though online shopping remains far more prominent than in past years, gains likely slowed as customers began to return to stores.
Point-of-sale providers must prepare for ongoing retail changes to maintain their own volume during the crisis. Declining retail sales directly impact payment facilitators: Square's growth considerably in Q1 2020, for example. But these providers can mitigate some of the pitfalls by leaning into changing retail habits.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
These Are The Automotive Industry’s Winners And Losers So Far This YearThe pandemic spurred a sales plunge, though there are a few bright sides to the business. Is that a Miata? Great Post
Source: Forbes - 🏆 394. / 53 Read more »
US meat industry is making people sick, needs change to fight pandemics - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. psskow vegetarian burgers are a very good option
Source: BusinessInsider - 🏆 729. / 51 Read more »
The 25 best US companies for Black, Indigenous, and employees of color in 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
US stocks trade mixed as investors wait for new coronavirus stimulus from Congress - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The stock market can only levitate on stimulus and money printing. Investors want money to play a game 98% want money to eat.... let that sink in ResignNowTrump FacadeStocks
Source: BusinessInsider - 🏆 729. / 51 Read more »
Covid-19 shows the US's inability to compete beyond military power - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. profmusgrave Excellent article
Source: BusinessInsider - 🏆 729. / 51 Read more »