As Restaurant Brands International (RBI) looks to reach 100% digital sales, the drive-thru channel remains a sticking point. The quick-service restaurant (QSR) giant, which owns Burger King, Tim Hortons, Popeyes and Firehouse Subs, shared on a call with analysts Friday (Nov. 3) discussing the company’s third-quarter...
I’m feeling flush. I got an email last Saturday from Shop that I had $43.40 in my Shop wallet to spend on the app. This was news to me, since I never knew I had one. But now I have one that Shop created for...
This week, Walmart Canada introduced a new offering, allowing its customers to opt for an interest-free buy now, pay later (BNPL) payment method, which is powered by Klarna. Shoppers visiting Walmart.ca and using the Walmart Canada and Klarna mobile apps can now enjoy increased payment...
The demand for rental clothing, accessories and even footwear is gaining momentum. Inflationary pressures are not the only factor driving this trend, as consumers discover an alternate way to keep up with the latest fashion trends without breaking the bank. In an interview with PYMNTS, Brian...
The National Retail Federation (NRF) forecasts record spending during the upcoming holiday season. Holiday spending during November and December will grow between 3% and 4% over 2022, reaching a spending range of $957.3 billion to $966.6 billion, the retail industry advocate said in a Thursday (Nov. 2) press...
Target CEO Brian Cornell said the strain consumers are feeling has finally begun to impact grocery sales. Cornell said in an interview with CNBC Thursday (Nov. 2) that his company has seen sales drop for several quarters for discretionary goods like clothing and toys. “But...
David’s Bridal, a key player in the world of wedding attire, started its journey down the aisle in 1950, founded by David Reisberg. Over the years, it’s had its fair share of gown-changing ownerships, evolving to meet the ever-shifting wedding industry trends. The company faced...
Instacart is expanding its AI-powered smart cart program through a new partnership with Geissler’s Supermarkets. The collaboration, announced in a news release provided to PYMNTS Thursday (Nov. 2), will bring Instacart’s Caper Carts to all seven Geissler’s stores in Connecticut and Massachusetts, with plans to replace the...
Change is a constant factor, a reality that can even unsettle the most renowned brands, forcing them to confront various challenges, as is the case with Estée Lauder Companies. In an earnings call Wednesday (Nov. 1), Estee Lauder revealed a slower-than-expected recovery in prestige beauty,...
