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Target is no longer an attractive investment, a Wells Fargo analyst said Wednesday, citing a range of continued headwinds and challenges.This, as Edward Kelly, an analyst for the bank, said the retailers outlook has deteriorated meaningfully, according to a summary of the report Wednesday Jan. 4 published by Seeking Alpha. Our concerns include the potential for a sustained period of comp weakness in general merchandise, an inflection to negative traffic in Q4, a lack of visibility on the timing/magnitude of the margin recovery story, and the return of pre-COVID model sc <a href=https://www.stanley-germany.de>stanley de</a> alability concerns, Kelly said.Target did not reply to PYMNTS request for comment.The report says Kelly is advising clients to move to a more conservative position, and that investment opportunities in consumer staples retail brands dont look particularly compelling to begin the year.He named Target as one of the bottom five retailers at risk, along with Kroger, Costco, Sprouts Farmers Market and United Natural Foods. Kellys top picks included Walmart, BJs Wholesale Club and Dollar General.Target <a href=https://www.cup-stanley-cup.ca>stanley cup</a> warned investors in November that its crucial holiday sales season would likely not meet expectations, in spite of record levels of promotions aimed at <a href=https://www.cups-stanley-cups.ca>stanley ca</a> shrinking its inventory.The news led to a drop in Target shares, which are down 35% over the past year months. As PYMNTS noted at the time, that slump was in stark contrast to the results and market reaction seen when Walmart released its earnings t Bzdj Elon Musk: AI Needs To Be Regulated
Small businesses that ignore next-generation payments technologies like invisible payments or cryptocurrencies are losing out big time, but new research suggests that tens of thousands of dollars are lost by SMEs because they ar <a href=https://www.stanleycup.pl>stanley cup</a> ent even accepting cards.Analysis from Expert Market found that some small businesses in the U.K. are losing nearly $30,000 every month because they operate as a cash-only establishment.Nearly half of all payments in 2015 were made using a credit or debit card, according to Expert Market, which equates to more than $121,000 in profits for聽a single small business. One-quarter of spenders said they actively avoid businesses that are cash only in favor of businesses that will accept their card payments, which, according to researchers, suggests small businesses lose out on about $30,000 a month because they dont take cards.Looking forwar <a href=https://www.stanleycup.com.de>stanley cup</a> d, the report estimated that small businesses risk losing more than $45,000 between now and 2025 if they dont start taking card payments. With such rapid innovation and competition in the financial technology space, the importance of cash payments is only set to dwindle further, said Expert Market Head Adelle Kehoe in a statement. Our findings highlight the need for cash-only businesses to adapt in order to remain competitive or miss out on hug <a href=https://www.stanleycups.cz>stanley termohrnek</a> e profits by choosing not to keep up with consumer buying behavior trends. As the millennial generation comes of age and their purchasing power becomes stronger, businesses will ha