PYMNTS

JUNE 7, 2020

As the coronavirus pandemic unfolds across America, with the country moving toward reopening after months of shutdowns that roiled the economy, many Chuck E. percent in-store sales increase in 2019 after years of declining or flat sales. Cheese locations haven’t yet reopened.

Shutdown 107

Shutdown Payments Breach Laws 107

PYMNTS

APRIL 6, 2020

percent reported in 2019. Consumers were also considerably less likely to report shopping over the last 24 hours than they were in 2019, an indication that shoppers may have been “loading their carts,” perhaps to limit the frequency of their trips or in anticipation of wider shutdowns. percent, slightly higher than the 78.1

Point-of-Sale (POS) 93

Point-of-Sale (POS) Consumer Shutdown Contactless Payments 93

PYMNTS

NOVEMBER 1, 2020

Amazon is suspending advertising related to pre-Black Friday campaigns in France after coming under fire from at least one government official who said it was unfair for the online giant to flex its digital retail muscle just as a new pandemic shutdown forces small shops and restaurants to close, Reuters reported.

Shutdown 82

Shutdown Economy On-Demand Governance 82

PYMNTS

APRIL 18, 2019

American Express, in reporting its latest quarterly results, showed evidence Thursday (April 18) morning that consumer spending remains resilient, even having navigated the bumps of the prolonged government shutdown that came early in the quarter. In terms of headline numbers, revenues, net of interest expense, were up 6.6

Shutdown 43

Shutdown Governance Government Consumer 43

PYMNTS

MAY 20, 2020

Discussions are taking place with Connecticut-based L Catterton, which was a key player in Tonal’s $45 million venture capital funding round in 2019. But the shutdown has also led to difficulties in buying high-end equipment. Tonal charges $49 per month for virtual personal training sessions.

On-Demand 93

On-Demand Shutdown AI Continuity 93

PYMNTS

DECEMBER 7, 2020

Digital Black Friday sales this year hit $9 billion, a 22 percent increase from 2019 figures, according to recent Adobe research. With the holiday shopping season in full swing amid the global pandemic, online commerce is booming.

Finance 142

Finance Small Business Underwriting B2C 142

PYMNTS

JANUARY 30, 2020

Compare the French shutdown to the economic damage — approximately $11 billion — the United States’ government shutdown caused in early 2019. In Italy, consumer confidence in January 2020 grew to 111.8 from 110.8 in December of last year.

Economy 56

Economy Consumer Shutdown Central Bank 56

PYMNTS

JUNE 25, 2020

In fact, for some people, the pandemic’s shutdown of the economy and normal life for several months provided time to breathe, with less stress from transportation or having to leave the house for work.

Shutdown 67

Shutdown Economy Finance Consumer 67

PYMNTS

JULY 2, 2020

According to The Motley Fool, in the period after the May 19 reopening of half its stores, the retailer has reported that those stores averaged 50 percent to 60 percent of their 2019 sales. percent over 2019. I think the majority of retail is going to have a tough time surviving another major shutdown. … Then there’s JCPenney.

Shutdown 98

Shutdown Returns Caps Advisors 98

PYMNTS

MAY 10, 2020

Vroom CEO Paul Hennessy told PYMNTS CEO Karen Webster recently that the effect on his business had been a “small chilling effect,” but not a total shutdown as it has been for others. billion in sales from 2019. Before, the company was predicting a $3.2 But even the $2 billion mark would put it closer to Carvana’s $3.9

Shutdown 67

Shutdown 67

PYMNTS

AUGUST 5, 2020

The app boasted 30 million users in June — that’s up from 26 million at the close of 2019. As COVID-19 has forced shutdowns and social distancing, web sales have been on the rise, and many entrepreneurs are moving their business models online.

Tax Refunds 87

Tax Refunds Small Business Shutdown Venmo 87

PYMNTS

DECEMBER 24, 2020

The temporary shutdown of physical retail clearly accelerated eCommerce penetration, but the ability to connect to your customers both on and offline means D2C brands are incredibly well-positioned to deepen these relationships even as physical retail [hopefully] gets back to normal.”. Now compare it to Q2 2019 and the 6.4 percent.

Economy 118

Economy Consumer On-Demand Shutdown 118

PYMNTS

DECEMBER 23, 2020

Certain banks catering to small businesses will also continue to receive government support in the wake of a massive shutdown earlier this year due to the COVID-19 pandemic. percent in 2021’s fourth quarter compared to Q4 2019, according to OECD figures quoted by The Wall Street Journal in early December. percent), Russia (0.2

Economy 69

Economy Returns Shutdown Small Business 69

PYMNTS

AUGUST 14, 2020

million in 2019. JCPenney bottomed out in April with a complete shutdown of its stores. It approached recovery in June, hitting a high for June 15 and pulling within 27 percent of 2019 numbers. down for the week of June 15, the closest to 2019 levels, traffic has continued to decline since then.”. 1, 2020 of $893.2

Shutdown 70

Shutdown Continuity Consumer Payments 70

PYMNTS

FEBRUARY 20, 2019

Analysts expect many more high profile companies to go public in 2019. Although the recent government shutdown affected the SEC’s ability to process and approve listings, Lyft’s speed shows that the shutdown might not have had as big an effect on the new-issue market as some had feared. billion by 2019.

Shutdown 46

Shutdown Origination Governance Government 46

PYMNTS

FEBRUARY 1, 2019

The government shutdown was no speed bump, at least, according to the latest job numbers. Department of Labor (DOL), showed that even with a partial government shutdown, growth marked the period and the unemployment rate stood at 4 percent. The Fed has left its benchmark rates unchanged thus far in 2019.

Shutdown 49

Shutdown Federal Reserve Fed Government 49

PYMNTS

APRIL 27, 2020

Shipments and spending were down in the first quarter of 2020 compared to the fourth quarter of 2019, according to the U.S. Despite the strong movement of consumer staples during the second half of March, both the shipment and spend indexes contracted from Q4 2019,” the report said. Bancorp Freight Payment Indexes. As the U.S.

Shutdown 52

Shutdown Payments Volume On-Demand 52

PYMNTS

SEPTEMBER 12, 2019

Last year’s lackluster holiday season contributed to 10 retailers filing for bankruptcy in 2019’s first quarter alone, including Payless, Gymboree and Charlotte Russe. The reported noted that a subpar 2018 holiday season was a main factor, with December retail sales dropping 1.6

Shutdown 54

Shutdown Economy Continuity Governance 54

PYMNTS

MAY 5, 2020

billion in 2019. Only the final few weeks of the quarter absorbed the worldwide shutdown of Disney’s theme parks. The coronavirus pandemic and the economic shutdown it has prompted have exposed a central vulnerability to Disney’s once-bulletproof business plan,” wrote The Wall Street Journal. billion, up from $14.9

Shutdown 65

Shutdown Adjustments Volume Product 65

PYMNTS

JULY 21, 2020

Gett said its corporate service has stayed stable during pandemic shutdowns. The company said it “became operationally profitable” in December of 2019. In May 2019, Gett said it had raised $200 million , putting its valuation at $1.5 The company operates in Israel, where it is based, as well as in the U.K., Russia and New York.

Shutdown 56

Shutdown On-Demand 56

PYMNTS

MAY 7, 2020

As COVID-19 has forced shutdowns and social distancing, web sales have been on the rise, and many entrepreneurs are moving their business models online. The new payment tool was designed for small businesses looking to move from brick-and-mortar to eCommerce, the news service reported.

Payments Tools 61

Payments Tools PayPal Shutdown Payments 61

PYMNTS

NOVEMBER 22, 2020

That means economic activity for months post-vaccine will be compared with months that fell during the depths of the COVID-19-related shutdowns beginning in March 2021. The National Foundation for Infectious Diseases reported in 2019 that only about half of U.S. Inflation is reported monthly as a year-over-year percentage change.

Consumer 67

Consumer Fed Shutdown On-Demand 67

PYMNTS

OCTOBER 14, 2020

over Q2 2019, while operating profit soared 43 percent year over year to reach $820 million. The World Bank forecasted in May that due to the shutdown caused by the pandemic, remittances will decline by 20 percent to about $445 billion. Last month, Kroger reported a 127 percent jump in eCommerce revenue in the second quarter.

Cross-Border 64

Cross-Border Shutdown Continuity Finance 64

PYMNTS

APRIL 9, 2020

Though they’ve overcome serious technical hurdles, work well, and are now in the hands of billions of smartphone-owning consumers, mobile wallets including those from Big Tech players Apple and Google are starving for share as Q1 2020 usage slipped below an unimpressive 2019. percent in 2019.”. percent in 2019. up from 39.3

Point-of-Sale (POS) 56

Point-of-Sale (POS) Shutdown Consumer Volume 56

PYMNTS

JUNE 17, 2020

home construction collapsed in March, the sector rebounded in May after steep declines caused by COVID-19 shutdowns, according to the U.S. percent below the May 2019 rate of 1,338,000. percent below the May 2019 rate of 1,268,000. percent below the May 2019 rate of 1,230,000. For the first time since U.S.

Adjustments 56

Adjustments Shutdown Economy On-Demand 56

PYMNTS

SEPTEMBER 30, 2019

A report by BDO , a professional services firm, indicates that other factors have negatively impacted the retail market, including tax reform’s after-effects, trade tariffs, January’s historic government shutdown and inclement weather that challenged some brick-and-mortar retailers in the first half of 2019.

Shutdown 59

Shutdown Procedures Returns Governance 59

PYMNTS

MAY 29, 2020

PYMNTS reported on Wednesday (May 27) that the airline industry has been especially hard hit by the global pandemic as the shutdown has sunk domestic and overseas air travel. air travel was off 96 percent in April compared to the same month in 2019. But more than 12 million flew during the same period in 2019, according to TSA data.

Payroll 56

Payroll Shutdown Security Governance 56

PYMNTS

JANUARY 29, 2019

corporations are ready to use their cash reserves in the first quarter of 2019 to pay debt and initiate share buybacks. Still, the AFP said the findings signal optimism despite unfavorable market conditions stemming from the government shutdown, trade disputes and a slowing global economy.

AFP 46

AFP Shutdown Disputes Governance 46

PYMNTS

SEPTEMBER 24, 2020

Turn the clock back a year and the world for small businesses was very different on the eve of the 2019 holiday-shopping season. According to Ingo’s data, only 37 percent of small businesses were citing cash flow as a major concern, down from more than 60 percent two years earlier.

Checks 105

Checks Small Business ISOs Point-of-Sale (POS) 105

PYMNTS

MAY 18, 2020

In New York City, Broadway’s shutdown portends a series of ripple effects, all of them massive headwinds for travel and tourism — specifically hotels, restaurants and airlines. Thomas Schumacher, president and producer of Disney Theatrical Productions, blamed the closing on the “industrywide shutdown and resulting economic fallout.”.

Shutdown 57

Shutdown Returns Product Economy 57

PYMNTS

APRIL 1, 2019

Consumers may have reigned in spending because there has been a delay in processing taxes due to the recent partial government shutdown. That shutdown lasted more than a month and the government is still catching up. percent in 2019. The news outlet reported economists forecast retail sales to increase 0.3 percent in February.

Consumer 43

Consumer Tax Refunds Shutdown Economy 43

PYMNTS

OCTOBER 16, 2020

The latest in the series, Pandenomics: Main Street’s Six-Month Checkpoint , found that for small and medium-sized businesses (SMBs), “Another shutdown could bring them to the brink of closure. million, a 97 percent increase from 2019. The very air abounds in examples these days, few better than Shopify.

Consumer 84

Consumer Shutdown Product Volume 84

PYMNTS

NOVEMBER 9, 2020

We have withstood government shutdowns. billion, versus 2019’s $1.42 “I want to thank my Simon colleagues for their continued resolve in running our business under often trying circumstances t that has been constantly changing,” he told the earnings call. “We We have withstood COVID. million, or $1.77 It saw revenues of $1.06

Shutdown 67

Shutdown Government Governance NOV 67

PYMNTS

JUNE 8, 2020

The Saudi Arabia-based company hopes to take advantage of the surge in demand for its online delivery business due to the shutdown. The company’s retail revenue exceeded $1 billion in 2019. Its stock would be listed on Tadawul, the Saudi Stock Exchange. Additionally, it is planning to open 90 stores by the end of 2020.

Shutdown 52

Shutdown On-Demand 52

PYMNTS

APRIL 6, 2020

Lesotho and Botswana, where Wheatley has locations, have shutdowns put into place, and South Africa has mandated that all eateries close with the inclusion of delivery services. American fast food restaurant sales have dropped 34 percent compared to 2019, as of the week that concluded March 22. Wheatley and Yum!

Shutdown 52

Shutdown Authorization Payments 52

PYMNTS

APRIL 29, 2019

With first-quarter earnings reports rolling out, it’s time to take a look at the state of small businesses and how they fared for the first three months of 2019. Golub said in a statement that middle-market businesses that sell primarily in the domestic market fared particularly well, even through January’s government shutdown.

PayPal 67

PayPal Small Business Ransomware Shutdown 67

PYMNTS

JUNE 17, 2020

True, the pandemic has created a massive slowdown in the Indian economy, with a nationwide shutdown closing workplaces and hitting vast segments of the population with job losses. S&P’s analysis shows that Indian mobile-payment transactions grew 163 percent to $287 billion in 2019.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Contactless Payments Push-to-Card 56