July 10, 2023
Levi’s Cuts Prices as Consumers Cut Spending
The story of consumer cutbacks on discretionary items, like apparel and beauty products, continues. But a new narrative is starting to emerge, as brands and retailers demonstrate a willingness to...
July 10, 2023
Walmart Goes Back in Time With Back-to-School Prices
Walmart is letting parents shop for the 2023 school year at 2022 prices. “With 80% of customers expecting to spend more on supplies this year, …we’re excited to offer the school supply basket...
July 06, 2023
Online Groceries Secure Permanent Place in Consumer Spending on Essentials
This installment of PYMNTS’ mini-series on consumer behavior popularized during the pandemic focuses on the rise of online grocery purchases. The end of lockdowns did not signal the end of...
July 06, 2023
Amazon Looks to Top Last Year’s Prime Day Grocery Gains
As Amazon looks to drive adoption of its grocery offerings, the eCommerce giant is heeding the learnings from last year’s Prime Day’s growth in the category, doubling down on food...
July 06, 2023
TikTok Uses Brick-and-Mortar Shop to Promote ‘Community Commerce’
TikTok has spent a week running a brick-and-mortar pop-up shop for brands and creators. The shop is not open to the public; instead, it is showing prospective merchants and creators how...
July 05, 2023
Instacart GM Says Online Complexity Complicates Grocers’ Efforts to Build...
As Instacart steps up its digital capabilities, it becomes increasingly difficult for grocers — especially smaller players — to build competitive in-house eCommerce systems. In an interview with PYMNTS following the announcement...
July 05, 2023
Jenny Craig to Get New Life as eCommerce Brand
Bankrupt weight-loss company Jenny Craig is getting a new lease on life. As CNBC reported Wednesday (July 5), rival weight-loss meal firm Wellful has purchased Jenny Craig’s assets and will revive it as an eCommerce company....
July 05, 2023
Mars Acquires Omnichannel Meal Company Amid Rising Demand for Ready-to-Eat
As consumers increasingly seek out quick, simple meal options in stores and online, Mars is getting into the space with its latest acquisition. On Wednesday (July 5), the confectionery giant’s...
July 05, 2023
Aging Population Demands Restaurants’ Continued Focus on the on-Premise Experience
With the United States population getting older, restaurants are challenged not only to continue to innovate their digital technologies but also to maintain the quality of the in-restaurant experience. The U.S....