PYMNTS-MonitorEdge-May-2024

Main Street SMBs

Small Businesses Slow Hiring Amid Uncertain Consumer Demand
Small Businesses Slow Hiring Amid Uncertain Consumer Demand
April 05, 2023  |  Economy

Main Street businesses are pulling back on hiring. Preparing, perhaps, for the impact of a pullback in consumer spending that’s already in motion. The logic...

READ MORE >
Slumping Retail Sales Signal Pain for Main Street’s Small Business Operators 
Slumping Retail Sales Signal Pain for Main Street’s Small Business Operators 
January 18, 2023  |  SMBs

The small businesses lining Main Street will feel a profit pinch as consumers’ wallets snap shut. Coming into the new year, these firms — the nail salons,...

READ MORE >
Main Street Small Business Faces Fresh Tests as Recession Looms 
Main Street Small Business Faces Fresh Tests as Recession Looms 
December 23, 2022  |  Economy

Main Street SMBs can take a breather, having shown resilience during a year threatened by recession. The holiday season is winding down; the major gift-giving...

READ MORE >
Repayment of PPP Business Loans Threatens Struggling Main Street SMBs
Repayment of PPP Business Loans Threatens Struggling Main Street SMBs
December 14, 2022  |  SMBs

For Main Street SMBs, PPP business loans were once lifelines but now could become anchors. This, as the loans that were offered as federal aid...

READ MORE >
Main Street Business Success Tied to Online and In-Store Sales
Main Street Business Success Tied to Online and In-Store Sales
December 07, 2022  |  SMBs

High inflation and the threat of an imminent recession make it increasingly difficult for all firms, and the current economic landscape particularly curbs the optimism...

READ MORE >
Retailers Lag Broader Main Street Business Recovery in Q3
Retailers Lag Broader Main Street Business Recovery in Q3
November 15, 2022  |  SMBs

The small- to medium-sized businesses (SMBs) on Main Street, USA, were some of the hardest hit in March 2020, and pandemic recovery, though swift, has...

READ MORE >
Inflation Takes Mixed Toll on Main Street Small Business
Inflation Takes Mixed Toll on Main Street Small Business
September 08, 2022  |  SMBs

Twelve percent of Main Street SMBs are concerned about whether they will survive the next two years, and 37% say inflation has been their greatest...

READ MORE >
Digital Payments Keep Suppliers Happy, Give Main Street Businesses Cash Flow Flexibility
Digital Payments Keep Suppliers Happy, Give Main Street Businesses Cash Flow Flexibility
July 22, 2022  |  B2B Payments

More choice, more flexibility — and the Main Street economy can thrive. Matan Bar, co-founder and CEO of B2B payments firm Melio, told PYMNTS’ Karen...

READ MORE >
Today in Data: The Future of Buy Now, Pay Later
Today in Data: The Future of Buy Now, Pay Later
March 15, 2022  |  Today In Data

An Amazon and Affirm partnership brings buy now, pay later (BNPL) to the masses. Plus, banks can take the lead in the BNPL market by...

READ MORE >