Tuesday, June 16, 2020

Walmart Expands Its Web Marketplace With Shopify | NACS

The convenience and fuel retailing industry's premier benchmarking tool and the most comprehensive collection of data and trends. Discover what's next and how to get there faster.

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These topics include hot button issues NACS is watching closely, as well as topics that are important to convenience retailers and their businesses.

BENTONVILLE, Ark.—The superstore Walmart is ramping up ways to provide its customers with some tech-savvy services, both online and in-store.

Twitter: @NACSonline
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Not to change the topic here:

Fed chair to report to Congress on the COVID-19 economy - Marketplace

Expect Powell to elaborate on his pessimistic forecast after last week's Fed meeting when he pointed out that millions of people who have lost their jobs during the COVID-19 pandemic may not get those jobs back .

"The Fed's projection is for unemployment at the end of this year to be 9.3%, which we all believe is a pretty grim outlook,” said Tim Duy, an economist at the University of Oregon.

The Fed is also predicting that gross domestic product — the country's total economic output —will end the year down 6.5% from the fourth quarter of 2019. Frances Donald, global chief economist at Manulife Investment Management, expects Powell to urge Congress to pass another relief bill.

Publisher: Marketplace
Date: 2020-06-16T12:06:56-07:00
Twitter: @Marketplace
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Starling builds out its SMB marketplace - Business Insider - Business Insider

Growing its marketplace complements the work Starling has been doing to build SMB relationships since fallout from the coronavirus pandemic hit the UK economy.

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Publisher: Business Insider
Date: 2020-06-16
Author: Rachel Green
Twitter: @clusterstock
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The Marketplace Principle Remains the Bedrock of Journalism
Publisher: City Journal
Date: 2020-06-15T16:16:55-04:00
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Many things are taking place:

Why is the Federal Reserve buying corporate bonds? - Marketplace

The Federal Reserve started buying corporate bonds Tuesday as part of a $250 billion program funded by the CARES Act, which was approved back in March. The idea is to backstop corporations and their employees.

When a company wants to borrow money, it can issue bonds. The buyers of those bonds are lending those companies money. Now the Fed is going to buy a broad cross-section of corporate bonds, if they meet certain standards. They must have been rated investment grade — that is, less risky — as of March, before the coronavirus lockdowns started. 

Publisher: Marketplace
Date: 2020-06-16T22:12:38-07:00
Twitter: @Marketplace
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Forbes Under 30 Leaders Create A Local Marketplace To Get Detroit's Small Businesses Online

For roughly half of the nation's small businesses that don't have a website, temporary store closures due to the COVID-19 pandemic have quickly threatened to put them out of business. Even as stay-at-home orders are relaxed, many customers remain wary of venturing out or unsure whether certain establishments have reopened.

The problem is particularly acute in Detroit, where many small businesses operate in low-density neighborhoods with limited foot traffic. Detroit also currently ranks as the least connected major city in America, with nearly a third of its homes without broadband of any type.

Publisher: Forbes
Date: 2020-06-16
Author: Lauren Debter
Twitter: @forbes
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How one food producer is surviving the pandemic - Marketplace

Ryssdal: Yeah, I remember when we were out there a number of years ago, the whole big scrambled egg thing. It was quite the set of machinery. So what did you do? How did you react as you worked to save your business?

Loudenback: Well, we’re still working to save our business, because, you know, you don’t replace 80% of your business overnight. And fortunately, since you’ve been here, we established a second operation that we moved that food service business to. And the plant that you had visited when you were out here has turned into a packaged goods facility.

Publisher: Marketplace
Date: 2020-06-16T22:23:58-07:00
Twitter: @Marketplace
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COVID Impact on Ad Spend 2020: The Transformation of the Television Marketplace

In this third study of advertising Buyers, IAB focuses on Upfronts/NewFronts spend, plus the impact of COVID on total advertising spend for the 2nd half of the year. Key trends include:

Publisher: IAB
Twitter: @iab
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