Credit Corp

OCTOBER 21, 2021

In the wake of the Covid-19 pandemic, the world of retail investing has experienced a growing number of new arrivals looking to place their money in the stocks and shares that they believe in. One of the most significant issues that retail investors can face stems from allowing their emotions to control their decisions.

Retail 98

Retail Trade 98

Nerd Wallet

SEPTEMBER 15, 2021

Most retail stores should have general liability and commercial property insurance to protect their businesses against common risks, such as customer injuries and property damage. In fact, in order to rent retail space, a landlord may require proof of both types of small-business insurance before approving your lease application.

Retail 97

Retail 97

Account Recovery

DECEMBER 24, 2024

Driving the news: A recent PYMNTS Intelligence report, In-Store and Online, Digital Wallets and Debit Are Zillennials Signature Payments, reveals significant insights into how zillennials prefer to pay across grocery, retail, restaurant, and travel sectors. The report surveyed more than 2,500 U.S.

Retail 130

Retail Collections 130

Account Recovery

NOVEMBER 18, 2021

Take retail-branded credit cards, for example. In the case below, there is a genuine issue whether the statute of limitations on retail-branded credit cards is four years, or six years. Questions about which statute of limitations can apply to different types of debt can plague a collection operation.

Retail 246

Retail Collections 246

UK debt collections

APRIL 11, 2024

New analysis by Mazars has found that the number of insolvencies by retailers has increased 19% in the past year to 2,195 in 2023/24 up from 1,843 in 2022/23. High profile retail insolvencies include The Body Shop in February, as well as fashion brand Ted Baker and online luxury fashion retailers MatchesFashion and Farfetch.

Retail 70

Retail Trade Bankruptcy 70

Account Recovery

FEBRUARY 28, 2024

The Background: Chime Financial sits between consumers and financial institutions and provides consumers with access to retail […] The California Department of Financial Protection & Innovation has fined a fintech company $2.5

Financial Institution 264

Financial Institution Retail 264

Account Recovery

AUGUST 29, 2022

The Attorney General of California has fined a retailer $1.2 million to resolve allegations it violated the California Consumer Privacy Act, while also announcing that other businesses are being notified of not complying with the CCPA, specifically failing to process consumer opt-out requests made via user-enabled global privacy controls.

Retail 246

Retail 246

Account Recovery

JUNE 17, 2022

More than half of all consumers across the country are going into debt, borrowing money, or using their savings to cover their expenses right now as a result of higher prices for everything from gas to groceries, according to the results of a survey conducted by the National Retail Federation.

Retail 246

Retail 246

Account Recovery

FEBRUARY 9, 2021

Voice service providers with fewer than 100,000 domestic retail subscribers will have an additional six months — to October 15 — … The post FCC Sets Date For Reporting Disconnect Data for Reassigned Number Database appeared first on AccountsRecovery.net.

Retail 242

Retail 242

Prosperity Now

MARCH 21, 2023

With support from the Walmart Foundation, Prosperity Now will be accepting request for proposals through April 1 st – April

Retail 98

Retail 98

Prosperity Now

MARCH 21, 2023

With support from Walmart, Prosperity Now will be accepting proposals from April 1st through April 30th from CDFIs and Entrepreneurial

Retail 98

Retail 98

Qualco

JUNE 21, 2024

The retail industry is experiencing a significant shift with the rising demand for flexible financing options at the point of sale (POS). It also delves into the critical role of efficient loan origination processes tailored specifically for retail and explores the benefits of automating key stages of the process.

Retail 52

Retail Loans Personal loans 52

Account Recovery

AUGUST 1, 2022

Nearly three-quarters of all African-Americans and Hispanics work in frontline jobs — such as retail salespeople, store managers, and representatives working in call centers and collection operations across the country — compared with 58% of white employees, but are far less likely to move out of those types of jobs and up the corporate (..)

Retail 188

Retail Collections 188

American Profit Recovery

NOVEMBER 29, 2021

At the far end of the spectrum, numerous small retail shops and restaurants closed for good and those that did survive through the pandemic suffered tremendous losses that they now need to work day and night to make up for. What would your downtown look like without small retail shops? For many, it was the only option available.

Retail 196

Retail Collections Agency Collection Agencies Collections 196

Account Recovery

AUGUST 21, 2024

By the numbers: The big shift: Credit card usage within digital wallets has declined significantly, dropping from 28% of retail transactions in December 2021 to just 15% in June 2024. PayPal usage has also fallen, from 25% to 18% of digital wallet retail transactions.

Retail 130

Retail Collections 130

UK debt collections

FEBRUARY 18, 2025

The wholesale and retail trade sector, which also includes the repair of motor vehicles and motorcycles , is in second place, with a median wait for payments of 36 days. Businesses in this sector receive payments after around 47 days. This industry often has businesses operating on thin margins and relying on credit to maintain inventory.

Manufacturing 65

Manufacturing Retail Trade Construction 65

Account Recovery

MAY 22, 2024

The Maryland Department of Labor’s Office of Financial Regulation has announced a settlement with a number of companies now owned by the Bank of Missouri for not being properly licensed in the state to provide retail credit services and for engaging in unlicensed and unregulated debt collection activities.

Debt collector 130

Debt collector Retail Banks Collections 130

Account Recovery

APRIL 24, 2024

A fintech company backed by Walmart has started offering BNPL inside some of the retail giants brick-and-mortar stores on purchases of at least $100. Want more proof that the Buy Now, Pay Later (BNPL) craze isn’t going away anytime soon?

Retail 130

Retail 130

Account Recovery

JULY 5, 2024

The Court of Appeals for the Seventh Circuit has overturned a lower court’s dismissal of a suit accusing a retailer of violating the Illinois Consumer Fraud and Deceptive Business Practices Act and the Illinois Deceptive Trade Practices Act on the grounds of what constitutes “reasonable […]

Retail 130

Retail Lawyers Trade Collections 130

Public Citizen

APRIL 13, 2022

The Conversation has an interesting piece titled S tore credit cards generate corporate profits and disgruntled workers , by a pair of sociology professors, Joya Misra and Kyla Walters. Excerpt: Major apparel companies also sell credit, often with very high fees, like  The Gap’s  21.7%

Retail 81

Retail 81

Consumer Finance

DECEMBER 17, 2024

The CFPB announced several actions on credit cards, including a circular on rewards programs, research on retail cards, and a tool to explore cards.

Retail 112

Retail Financial services 112

Nerd Wallet

JUNE 15, 2021

Buy now, pay later has taken off for retail and travel purchases, and now companies like Walnut and Wellpay offer BNPL for health care costs. This payment option, sometimes referred to as a point-of-sale loan, allows patients to split medical bills into small monthly payments that include minimal or no interest. BNPL loans for health.

Retail 137

Retail Loans Personal loans 137

Account Recovery

SEPTEMBER 12, 2023

The Consumer Financial Protection Bureau, in conjunction with 41 different states and the District of Columbia, yesterday announced an enforcement action with a consumer finance company that was accused of tricking consumers who were seeking financing at retail operations into signing leases that left consumers unable to return the merchandise.

Retail 130

Retail 130

Nerd Wallet

OCTOBER 5, 2021

Visit regularly for holiday shopping tips and announcements about your favorite retailers. The retailer announced overnight on Oct. NerdWallet is here to help you win Black Friday, while leaving your budget intact. We spend the time, you save the money. Black Friday is Nov. Amazon Black Friday deals have launched. 4 that it was.

Retail 112

Retail 112

Account Recovery

NOVEMBER 29, 2023

The Who: Rent-A-Center is among the nation’s largest rent-to-own retailers, operating more than 40 locations in Massachusetts, many of which are in predominantly low-income communities and communities of […] The Attorney General of Massachusetts yesterday announced an $8.75

Creditors 130

Creditors Collections Retail 130

True Accord

OCTOBER 22, 2024

Tired of paying higher prices, consumers increasingly turned to cheaper alternatives, bargain hunted or simply avoided items they found too expensive, pressuring retailers to accommodate them or lose their business. The National Retail Federation is forecasting that winter holiday spending is expected to grow between 2.5%

Student loans 92

Student loans Student Loans Loans Debt collector 92

Nerd Wallet

NOVEMBER 19, 2021

When you think about holiday shopping, your mind probably goes to big-box retailers before your neighborhood bookstore or antique shop. But in a time marked by widespread supply chain disruptions and inflation, underdog small businesses deserve our attention. Enter Small Business Saturday.

Retail 130

Retail 130

Account Recovery

AUGUST 28, 2024

By the numbers: The eCommerce sector experienced a failure rate exceeding 10% for online transactions in the past year, resulting in $31 billion in lost retail sales in Q3 2023 alone.

Retail 130

Retail Collections 130

Enterprise Recovery

SEPTEMBER 5, 2020

Retailers have found new ways to sell to consumers, such as The Gap's highly successful pivot to selling masks , and many manufacturers are turning to a DTC (direct to consumer) model. The pandemic has highlighted businesses that chose to switch up their business strategy in order to remain profitable.

Manufacturing 130

Manufacturing Retail 130

Account Recovery

APRIL 10, 2023

Healthcare providers are very interested in outsourcing more of their revenue cycle management functions, to help them offset shortages in staffing, make improvements in patient experience, and to create a more retail-like experience for their patients, according to the results of a survey conducted by CWH Advisors and sponsored by CareCredit.

Healthcare 130

Healthcare Retail 130

Nexa Collect

JUNE 29, 2023

Retailer Incentives : Retailers sometimes receive incentives or commissions from BNPL providers for promoting their service. This might cause some retailers to aggressively push BNPL as the preferred payment option even when it might not be in the best interest of the consumer.

Retail 130

Retail Lender Loans 130

UK debt collections

MARCH 11, 2025

This figure rises to 40% in the food and beverage sector and 32% in retail, highlighting industry-specific challenges. Over 28% of SMBs have resorted to short-term financing, such as loans and credit lines, to cope with cash flow issues caused by late payments.

Manufacturing 72

Manufacturing Retail Government Loans 72

Nerd Wallet

NOVEMBER 16, 2020

Amid all of the retail chaos and change of 2020, at least one thing remains the same: the biggest sale day of the year. Black Friday — the day after Thanksgiving — has a reputation as the best time of the year to buy just about anything. But even though Black Friday still exists in. Courtney Jespersen is a writer at NerdWallet.

Retail 124

Retail 124

Nerd Wallet

OCTOBER 19, 2021

Visit regularly for holiday shopping tips and announcements about your favorite retailers. Last year, the pandemic triggered early Black Friday sales by major retailers in an effort to. We spend the time, you save the money. Black Friday is Nov. NerdWallet writes for NerdWallet. Email: articles@nerdwallet.com.

Retail 102

Retail 102

Collection Industry News

DECEMBER 5, 2024

Despite Fed Cuts, Many Store Credit Cards Are Still Charging Customers Extreme Interest Rates Many credit cards offered by major retailers continue to charge exorbitant annual percentage rates, despite moves by the Federal Reserve to lower interest rates in the economy. The remaining 42% picked BNPL loans.

Retail 40

Retail Banks Government Loans 40

Nerd Wallet

AUGUST 14, 2020

A one-time $5,000 infusion wouldn’t make a difference to Amazon, Costco or any other large retailer, but. Every week, the group of 50 people picks one small business in Durham, North Carolina, and each person spends $100 there. Liz Weston is a writer at NerdWallet. Email: lweston@nerdwallet.com. Twitter: @lizweston.

Retail 118

Retail 118

Nerd Wallet

OCTOBER 26, 2022

Lots of people do, according to Brian Field, global leader of retail consulting and analytics for Sensormatic Solutions. The retail insights company predicts Black Friday (Nov. When holiday sales start in October, who cares about actual Black Friday? 25 this year) will be the busiest shopping day of the year for in-store traffic.

Retail 97

Retail 97