March 21, 2023
Grocerants Make a Comeback as Food Markets Look for New...
As consumers seek increasingly convenient food options, restaurants are finding their place in grocery stores. In an interview with PYMNTS, Atul Sood, chief business officer at Kitchen United, the ghost kitchen...
March 16, 2023
SVB Collapse May Be the Final Nail in Boxed’s Coffin
Boxed may file for bankruptcy as the SVB collapse exacerbates existing economic challenges. The bulk eCommerce grocer and retailer (which also has a software and services arm) stated in a recent 8-K...
March 15, 2023
MrBeast Burger Taps In-Car Payments to Boost Convenience
As restaurants remove payment friction to drive digital sales, MrBeast Burger is leveraging in-car capabilities. Tech provider Mavi.io, which creates in-car ordering and payment features, announced Tuesday (March 14) that...
March 14, 2023
Millennials Three Times Likelier Than Older Diners to Order Delivery
Restaurants looking to drive sales with older diners may want to focus on traditional channels. The Context Embracing digital technologies may be a useful way for restaurants to reach younger...
March 14, 2023
Cost of Delivery Forces Many Meal Kits to Shutter
The meal kit sector’s difficulties may have more to do with logistics than consumer demand. In an interview with PYMNTS, Ragoth Bala, co-founder of direct-to-consumer (D2C) meal kit subscription company...
March 13, 2023
Half of All Restaurant Customers Opt for More Carryout Than...
As consumers rethink restaurant spending amid inflation, diners across income brackets are shifting to pickup. For the latest edition of PYMNTS’ Connected Dining study, “Connected Dining: Rising Costs Push Consumers...
March 12, 2023
A Supermarket Megamerger Will Redefine What You Buy At The...
By Jaewon Kang, The Wall Street Journal Kroger and Albertsons want to merge in a $20 billion deal. If antitrust regulators approve, the definition of a grocery store grows further....
March 10, 2023
Gopuff Demand Apparently Not as Quick as Its Cash Burn
As economic pressures rack the on-demand delivery industry, Gopuff has undergone another round of layoffs. The convenience retail delivery service cut around 2% of its workforce, a Gopuff spokesperson confirmed...
March 10, 2023
Noodles & Company Sees High-Income Consumers Sticking With Takeout
As many consumers seek cheaper meals, Noodles & Company is seeing high earners springing for restaurants. The Broomfield, Colorado-based fast-casual chain, which has more than 450 locations, shared on its...