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Business

Mastercard: Back-To School Sales To Be Up 7.5%

NEW YORK — The 2022 back-to-school shopping season should enjoy strong sales increases from a year ago, fueled by a heavy demand for trendy fashion, though the growth won’t be as robust as last year when business was rebounding from pandemic-related virtual schooling. Mastercard ...

Steve Swanson Joins CCB

Steve Swanson has joined Cattaraugus County Bank as senior vice president, commercial lending team leader. Swanson will be responsible for growing CCB’s commercial loan portfolio as the leader of the commercial lending team. “I am thrilled to have the opportunity to lead a great team ...

Fall Opening Planned For New Restaurant

LAKEWOOD — The former Ruby Tuesdays location at the Chautauqua Mall in Lakewood will open as Buddy Brewster’s Ale House. In a message posted to Facebook, Professional Hospitality Restaurant Group said the business should open in the fall. It also will include outdoor ...

Facing Huge Inventory, Target Cuts Vendor Orders, Prices

NEW YORK — Target is canceling orders from suppliers, particularly for home goods and clothing, and it’s slashing prices further to clear out amassed inventory ahead of the critical fall and holiday shopping seasons. The actions, announced Tuesday, come after a pronounced spending shift ...

Package Sizes Are Indeed Smaller

It’s the inflation you’re not supposed to see. From toilet paper to yogurt and coffee to corn chips, manufacturers are quietly shrinking package sizes without lowering prices. It’s dubbed “shrinkflation,” and it’s accelerating worldwide. In the U.S., a small box of Kleenex now ...

Don’t Let First Car Be A $30K Mistake

Buying your first car is already an intimidating experience; in the midst of historic supply shortages, it’s easy to feel overwhelmed. In March of this year, the average price of a used car was $27,246, according to Cox Automotive — an automotive marketplace and data company — or 28% ...