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Restaurants near the DNC taking place in downtown Chicago were hoping for a shot in the arm from the event, but some are discouraged.
Optimism has increased, but it’s still below a 50-year average, a National Federation of Independent Business survey shows.
The NFIB reports a spike in its uncertainty index, perhaps triggered by thrifty consumers and the upcoming election.
Ransomware attacks are on the rise, and small businesses are getting hammered.
Hundreds of vendors were caught off guard when Outfox Hospitality abruptly shut down stores in Illinois, Texas and the Washington, D.C., area.
Small business spending has been fairly slow recently, according to American Express. But credit card companies see a lot of potential in the market.
Since 1952, Schwan’s yellow trucks and friendly drivers have been delivering frozen food to households. The industry has become more competitive and crowded and recently, the company changed names and stopped deliveries in most states.
While the labor market is still tight, some owners aren’t feeling like they need to hike pay as much as they did earlier in the pandemic.
And they can achieve that through better collaboration with companies big and small in their industries.
For restaurants and retailers in particular, it can lead to something the Federal Reserve’s Beige Book calls “lumpy” pricing.