June 26, 2023
Cava Listing Heralds Potential IPO Market Rebound
Following a listing by restaurant group Cava, the American market is hungry for IPOs. The fast casual restaurant chain went public via an initial public offering (IPO) last week, with...
June 26, 2023
Sweetgreen Automates Kitchens as Robots Take Over the Back of...
Sweetgreen’s ambitions to dramatically increase automation within the next five years come as, across the industry, restaurants soup up their kitchens with robotic technology. After the fast-casual chain announced in...
June 26, 2023
AI-Powered Beauty Company Oddity Challenges Industry Norms, Files IPO
Despite it being a ghost town in IPOville, Oddity, a beauty and technology company responsible for managing brands like Il Makiage and Spoiled Child, has submitted its application to become...
June 26, 2023
Will 99 Cents Burn Toast at the POS?
After spending the last 20 minutes online deliberating over what you really need to round out your summer wardrobe, you’re ready to check out. You review your basket, apply the...
June 23, 2023
FinTech IPO Index Slips 2.7% Despite nCino’s Surge on Deal...
Even some skyrocketing performers — up double digits — were not enough to boost the FinTech IPO Index. The pantheon lost 2.7%, despite rumors of deal-making, despite economic data that...
June 22, 2023
Gen Z-ers 150% More Likely Than Millennials to Leave Negative...
Younger consumers tend to be especially harsh on restaurants, PYMNTS research reveals, and given that they are also frequent reviewers, eateries must work hard to get in Gen Z’s good...
June 21, 2023
Is MrBeast’s Pivot From Burgers to CPG Bad News for Influencer-Helmed...
As virtual restaurant companies tap influencers’ wide audiences to generate hype in the absence of physical touchpoints, blockbuster YouTuber MrBeast (162 million subscribers) appears to be turning away from the...
June 20, 2023
IPO Environment Improving but Activity Lagging Behind, Goldman Says
The environment for initial public offerings (IPO) has reportedly improved to nearly its typical level. However, at the same time, the amount of IPO activity is lagging behind and not...
June 16, 2023
FinTech IPO Names Surge 3.8% With SoFi and Upstart Leading...
Government data pointing to cooling inflation helped buoy FinTech IPO names this past week. Retail sales data Thursday (June 15) showed that consumer spending remains resilient, which helped give the...