Square today published its 2026 Local Economy Report report, a first-of-its-kind analysis revealing how "regulars" and the neighborhood networks they create are the backbone of thriving local economies. The report reveals that regular customers drive 6x more revenue for local businesses and unpacks the patterns and trends in their spending. This includes regulars making predictable purchases, tipping more generously, and prioritizing in-person experiences, which ultimately creates the steady demand businesses rely on during periods of economic uncertainty.
The social media giant is reportedly close to a decision to lay off about 20% of its workforce, Reuters reported, as internal AI tools bring efficiencies.
Block Inc. (NYSE: XYZ) shares are trading lower Thursday. Discover how inflation data, market volatility, and sector-wide tech weakness are impacting the fintech giant.
The broader AI narrative and regulatory concerns have weighed on sentiment, creating “attractive entry points among the highest-quality names,” says Bank of America.
Cinnaholic, the plant-based gourmet cinnamon roll franchise, has found the recipe for sweet success by reengaging Square to power its nationwide operations across 85 locations. Cinnaholic grew its business on Square for twelve years, and after a year of trying another solution, the franchise has recommitted to Square's integrated commerce platform – drawn back by its proven reliability and expansive franchise capabilities. With Square as its technology partner, the business has streamlined everything from point-of-sale and customer loyalty to marketing automation and team management. Franchisees can now focus on delivering exceptional customer experiences while staying true to Cinnaholic's mission of satisfying dessert cravings and positively impacting people, animals, and the planet.
