CEOs say stimulus check boosted retail sales, PPP forgiveness tough for self-employed workers, Five behaviors that will define America’s reopening.

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May 25, 2020

Digital Shift

How The Stage Was Set For The Pandemic’s Great Digital Shift

The pandemic has forced the great pivot to digital, and to all of us doing everything (pretty much) online, from home. But the stage was set long ago. Here’s how hardware, software, platforms and eCommerce were at the ready to underpin a wholesale shift in consumer behavior that seems poised for permanence.

 

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Best Of PYMNTS Reports

What Sticks? Five Data-Driven Behaviors That Will Define America’s Reopening

Who doesn’t need a little beach reading this holiday weekend? From subscription retail to disbursements to the effects of the COVID-19, here are a few of our readers' favorite PYMNTS reports and trackers.

 

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Supply Chain Payments

The Long-Term Consequences Of Knee-Jerk Supply Chain Reactions

Redrawn trade routes, shifting vendor bases and lengthening payment terms. Supply chains are in flux as organizations are forced to take immediate action to address changing consumer habits, product demand and economic turmoil. But supply chain shifts introduced today as a result of the pandemic are likely to cause long-term changes — some positive, and some potentially detrimental.

 

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Main Street SMBs

FinTechs Help Main Street Find Its Footing

Marred by controversy and confusion, the Paycheck Protection Program delivered a difficult lesson to many small businesses: Government aid is key, but it’s not the silver bullet to ensure Main Street endures the market downturn. Social distancing and dramatic changes in consumer habits have SMBs investing in FinTech and embracing business model flexibility to preserve revenues – and perhaps even emerge from the pandemic more resilient than ever.

 

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How We Shop

Retailing 2020: Five Things To Watch

It has been said that no one can predict the post-pandemic future. That may be true. But there are some common threads that can help retailers of all sizes and categories to focus on as the reopening enters the summer. Here’s five that we think do.

 

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How We Travel

HomeToGo CEO: Why COVID-19 Will Change Summer Vacation, But Not Cancel It

Summer vacation 2020 will be a very different place, but HomeToGo Founder and CEO Patrick Andrae told PYMNTS – there will still be plenty of summer vacation to enjoy as consumers rejigger their travel plans to the new world order. That, he says, means staying domestic and fairly close to home — and favoring summer rentals to hotel rooms.

 

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