IMF Lowers Forecast for Global Economic Growth After Banking Crises
IMF Lowers Forecast for Global Economic Growth After Banking Crises
April 11, 2023  |  Economy

Lingering effects of the pandemic and new pressures from banking crises are impacting economic growth. The International Monetary Fund (IMF) has lowered its baseline forecast...

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Merchants Target Products, Not People, With in-Store Security Measures
Merchants Target Products, Not People, With in-Store Security Measures
April 11, 2023  |  Security & Fraud

Tracking items instead of people is gaining steam with some retailers, but the strategy may not work for most products. As reported by The Wall...

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CarMax Leans Into Omnichannel, Credit and Digital Self-Service to Steer Tough Course
CarMax Leans Into Omnichannel, Credit and Digital Self-Service to Steer Tough Course
April 11, 2023  |  Earnings

The used car market is seeking stability against ongoing macro headwinds, as seen in the fiscal 2023 fourth-quarter performance of CarMax, the nation’s largest used...

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Twitter Rebrands as X in Move Toward Becoming ‘Everything App’
Twitter Rebrands as X in Move Toward Becoming ‘Everything App’
April 11, 2023  |  Connected Economy

Twitter is no more, at least on paper. The social media platform has apparently merged with a shell company called X, the same name as CEO...

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Albertsons Grows Rewards Program to Drive Loyalty Amid Inflation
Albertsons Grows Rewards Program to Drive Loyalty Amid Inflation
April 11, 2023  |  Earnings

As inflationary pressures threaten grocery shopper loyalty, Albertsons is deepening its digital relationships with customers. The grocery giant, which spans nearly 2,300 locations across 34...

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Consumers Love Rewards-Driven Payment Methods — and Will Switch to Get Better Ones
Consumers Love Rewards-Driven Payment Methods — and Will Switch to Get Better Ones
April 11, 2023  |  Loyalty & Rewards

Whether paying with a traditional credit card, stored payment credentials or cold hard cash, consumers love points and rewards. Points and rewards programs connected to...

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Why Retailers From Dick’s to Dollar General Are Getting Back to Their Core
Why Retailers From Dick’s to Dollar General Are Getting Back to Their Core
April 11, 2023  |  Retail

If there’s anything the past few years have taught the retail industry, it’s that the ability to respond and pivot accordingly is king, all while...

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Sampler Acquires Abeo to Expand Sampling Platform in Beauty Industry
Sampler Acquires Abeo to Expand Sampling Platform in Beauty Industry
April 11, 2023  |  Retail

Sampler has acquired Abeo to expand into the global beauty industry. The acquisition adds Abeo’s beauty industry-focused digital sampling agency to Sampler’s omnichannel product sampling...

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International CBDC Aims to Unify Fragmented Digital Currency Landscape
International CBDC Aims to Unify Fragmented Digital Currency Landscape
April 11, 2023  |  Payment Methods

The central bank digital currency (CBDC) field has become crowded, global in scope, and yet in many cases, fragmented. Generally speaking, in concept, the CBDC...

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