Jeff For Banks

JULY 1, 2024

Consumer spending and retail sales are declining this quarter as people cope with high inflation, especially on food prices. Retail store closings have escalated as sales weaken and retail theft skyrockets. Lower GDP means lower inflation but it may also mean lower tax receipts. Manufacturing is weak.

Marketing 119

Marketing Conference Policies Survey 119

Jeff For Banks

JANUARY 18, 2014

Many businesses remain uncertain due to the increased regulatory burden, the drama in the insurance markets due to Obamacare, income tax changes, and a still high unemployment rate at 7%, which serves to keep personal incomes in check and consumer spending under wraps. Dorothy has been with First Federal of Bucks County since November, 2004.

Philadelphia 81

Philadelphia Policies US Marketing 81

Jeff For Banks

APRIL 27, 2019

The economy is slowing, as seen in the auto, housing, manufacturing, and retail sectors. The impact of the tax cuts has faded. However, don’t count on the usual spending boost from personal tax refunds as they are down by over $6 billion from this time last year. Who said anything about rate cuts?

Marketing 60

Marketing Community Taxes Community Bank 60

Jeff For Banks

JULY 8, 2017

They must not see falling oil prices, weak GDP growth, falling gold prices, a narrowing Treasury-TIPS spread, rising debt levels, lower consumer spending, a low labor force participation rate, low productivity, and consumer prices so weak that major retail companies are closing stores at a record pace. Rising debt levels will not stop them.

Marketing 60

Marketing Community Bank Data Security 60

Fintech Labs Insights

JULY 9, 2015

Sales tax automation company, Avalara , announced earlier this week that it has integrated with payment acceptance company, Stripe. The integration with Stripe’s subscription billing service and API will make Avalara’s sales tax calculation and compliance services available to companies using Stripe.

Taxes 12

Taxes San Francisco Compliance Washington 12

Jeff For Banks

JUNE 2, 2023

percent in 2004, a decline of 1.1 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. First municipalities and larger commercial customers, and more sophisticated retail depositors. High-tech employment fell from 12.1 percent of all jobs in 2001 to 11.3

FDIC 60

FDIC Community Bank Regulation Lending 60

CB Insights

JUNE 6, 2019

The marketplace blended crowdsourcing and social media to create hype around new inventions; help inventors find partners, funding, and manufacturing resources; and sell their gadgets to major nationwide retailers such as Home Depot and Target. Nasty Gal: Applying the hyper-growth model to physical retail is hard. Total Funding: $60M.

Apple 78

Apple Branding Google Company 78

CB Insights

FEBRUARY 28, 2019

Be fearful when others are greedy and greedy only when others are fearful.” ( 2004 ). In the early 70s, See’s was able to produce about $2M a year (after tax) on just $8M in net tangible assets (including all accounts receivable.) A few years later, however, See’s was earning 65% of its net tangible assets after tax.

Company 78

Company Omaha Capital Management 78

CB Insights

OCTOBER 29, 2018

In the early 2000s, venerable retailers Sears and Kmart began losing ground to Walmart and Target, with Kmart even filing for Chapter 11 in 2002. Lycos simply couldn’t compete with better offerings from the likes of Google, and in 2004, Terra sold Lycos for a meager $95M. Sears and Kmart. Date: March 24, 2005. Price: $11B.

Google 76

Google Software Company Innovation 76

CB Insights

SEPTEMBER 10, 2019

The average millennial student debt load was $10,600 as of 2017 — about 2X more than what was owed by Gen X in 2004. While robo-advisors have focused primarily on making retirement and other long-term investing goals more accessible to millennials, another group of companies set its sights on opening up retail investing.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

APRIL 4, 2016

banning sodas from schools and levying a “soda tax” on beverage distributors in cities like New York and Philadelphia. Since 2004, notes NYT , Coca-Cola has increased the number of individual products it offers from 400 to 700. Another trick up the soda brands’ sleeves?

social media 100

social media Millennials New York Branding 100

CB Insights

OCTOBER 26, 2020

Unity Software, a software platform aimed at video-game developers, pursued a bidding-based approach to its IPO in September 2020, similar to the process used by Google when the search giant went public in 2004. Unity relied upon a bidding system managed by Goldman Sachs, in which prospective investors were asked to bid on shares in Unity.

Management 78

Management Capital Company Marketing 78

CB Insights

NOVEMBER 16, 2017

Thiel became an outside board member with his $500K seed investment in Facebook in 2004. Later, the retail giant sold its entire e-commerce operations in China to JD.com. That was when he approached Capital Today, pitched his vision of a “full-service online retailer,” with a focus on logistics, and asked for $2M.

Lending 78

Lending Capital Company Google 78

PYMNTS

MARCH 19, 2018

And that we should do that not because they’re tax evaders or evil — all things he said they, like all of us, are. Department stores used to dominate retail , and shopping was always done in a physical store. The internet was something in the early 2000s that most retailers dismissed as never amounting to much, so they ignored it.

Google 148

Google Apple Retail Millennials 148

Jeff For Banks

APRIL 22, 2018

Tax cuts are adding stimulus and leading to improved business and consumer optimism, but there are some offsetting factors in the form of Fed tightening, low productivity, and large levels of debt, especially at the federal government as they fund what could be a $1 trillion plus deficit this fiscal year. Gas prices remain below $3.00

Marketing 60

Marketing Philadelphia social media Taxes 60

CB Insights

MAY 1, 2018

SPOT Watches, Microsoft (2004). MSN was no one’s favorite web portal, and by 2004 there were many better ways to get stock quotes, weather, and other information than through this clunky watch. Enter the Nook, their attempt at staying relevant and maybe even reclaiming some of their lost market share from the online retailer.

Innovation 78

Innovation Google Apple Video 78