PYMNTS
MAY 27, 2020
For the small shops and independently owned restaurants that line America’s Main Streets from coast to coast, the past eight weeks have been a difficult time leading toward an incredibly uncertain future. The MSBIA is an advocacy group that represents Main Street businesses in Santa Monica, California.
PYMNTS
APRIL 16, 2020
Retail sales in the United States fell by almost 9 percent in March alone, and PYMNTS research suggests that the average SMB expects to run out of cash two months before the pandemic ends — even with government assistance. It may not be enough, though.
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PYMNTS
JUNE 5, 2020
In addition to working toward its general mission of moving the sport and hobby forward, the RIA functions as a trade and advocacy group for independent running specialty stores, the huge majority of which are Main Street businesses. The RIA is dialed into Main Street. That’s not the case in today’s specialty retail world.
PYMNTS
MAY 29, 2020
If there’s a playbook for Main Street’s migration to digital, Toronto’s Schulich School of Business is authoring a very effective chapter. In 2016, an organization called Digital Main Street was set up by the city of Toronto as a business improvement project for small- to medium-sized businesses (SMBs).
PYMNTS
OCTOBER 19, 2020
And as much as people may complain about the crowds in the stores or on Main Streets, they like being part of the hustle and bustle – and the energy it brings. Saving Main Street. An empty store raises questions about the quality of the store and the products it is selling. Living By The Social Proof. In the U.S.
PYMNTS
NOVEMBER 10, 2020
Optimism around new business is materializing on Main Street, among other places, with small and medium-sized businesses (SMBs) reopening. Twenty-five percent of Main Street SMBs now say they are operating with capacity restrictions, whereas 38.6 percent of SMBs now say they are closed because of the pandemic, compared to 33.9
PYMNTS
AUGUST 12, 2020
To gauge the economic health and vitality of local economies, one need look no further than the financial stability of the small and medium-sized businesses that line the main streets and side streets of communities across the nation. One of the digital tools in which Main Street SMBs show great interest is real-time merchant fund settlement.
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