November 09, 2023
BarkBox Says Financial Pressures Hurt D2C Subscription Acquisition, Not Retention
Bark is seeing consumers’ budget pressures take a toll on new subscribers, but those who are already enrolled continue to subscribe despite these challenges. The company, which is behind the...
November 08, 2023
Instacart Drives 25% Increase in Loyalty Member Purchases With Rewards
Instacart is integrating with merchants’ loyalty programs to outcompete rival aggregators on deals and discounts. The San Francisco-based grocery aggregator shared in a letter to shareholders Wednesday (Nov. 8), accompanying its first...
November 08, 2023
Bank of America CEO Predicts Soft Landing for US Economy
Bank of America CEO Brian Moynihan is reportedly optimistic about the U.S. economy and the bank’s growth prospects. Speaking Wednesday (Nov. 8) at the Reuters NEXT conference, Moynihan said he believes that the economy will...
November 07, 2023
Toast Says Specialized Digital Products Key to Securing Bigger Restaurant...
Restaurant point of sale (POS) provider Toast has attributed its strong quarterly performance to location additions and balancing top-line growth while optimizing operational efficiency. Third-quarter (Q3) earnings results announced on...
November 07, 2023
Maradona’s Heirs Triumph in EU Trademark Battle
The heirs of Argentine soccer legend Diego Maradona, who passed away three years ago, have emerged victorious in a high-stakes legal battle for the rights to the iconic athlete’s name....
November 07, 2023
Dairy Queen Reigns in Latest Mobile Order-Ahead App Ranking
This month’s edition of the PYMNTS Provider Ranking of Mobile Order-Ahead Apps sees double ties and lots of shifts. Papa John’s Pizza and Chipotle make an appearance, Wendy’s and Dunkin’ take...
November 06, 2023
Digital and Delivery Shape Up as Grocery’s Newest Battlegrounds
The digital shift is forging new battlegrounds for the grocery segment. For the platforms and the giants of retail — Amazon and Walmart among them, along with DoorDash — the...
November 06, 2023
Global Shipowners Urge UK to Protect Industry from EU Competition...
Global shipowners are making a fervent plea to the United Kingdom to diverge from the European Union and safeguard their interests from the impact of competition laws. According to the...
November 06, 2023
Klarna Avoids Strike Following Agreement With Swedish Unions
Klarna has reached an accord with its union workers as it apparently prepares to go public. The two unions — Engineers of Sweden and Unionen — had been prepared to...