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Businesses see rise in sales due to Mother's Day

Birmingham, Ala. (WIAT) — Families around the Birmingham area celebrated Mother's Day in all types of ways on Sunday. The day benefits more than just moms. We spoke with one business owner who says this year's sales were up almost 30% compared to last year on Mother's Day. It was a formal occasion for Jamica […]
The article from Yahoo News discusses how businesses are experiencing a surge in sales due to the popularity of "buy now, pay later" (BNPL) services. These services allow consumers to split their purchases into smaller, interest-free payments, which has led to increased spending, particularly during the holiday season. Retailers like Macy's and Target have reported higher sales figures, attributing this growth to the availability of BNPL options at checkout. The article also notes that while BNPL services boost sales, they raise concerns about potential increases in consumer debt, as these services might encourage people to spend beyond their means.

Read the Full WIAT Birmingham Article at:
[ https://www.yahoo.com/news/businesses-see-rise-sales-due-035113371.html ]