February 10, 2023
Dollar Stores Battle Walmart and Amazon for Grocery Spend
Budget-conscious consumers are eating at home — and Amazon and Walmart may cede grocery ground to the dollar stores. The key battles may be fought over the pantry staples —...
February 10, 2023
Offering Choice Boosts Grocery Shoppers’ Comfort With Cashierless Checkout
As computer vision enters the grocery industry, consumers may not be ready for the change. In an interview with PYMNTS, Jordan Fisher, CEO of autonomous retail technology company Standard AI,...
February 09, 2023
Target Joins Grocers Wooing Gen Z With Wellness Offerings
This week in grocery, Target focuses on wellness, Reynolds sees trade-down and Flashfood expands. Big-box chain Target announced the expansion of its center-aisle wellness offerings Thursday (Feb. 9) with more...
February 09, 2023
Supermarkets Lose Personal Care Customers to eCommerce Competition
As consumers seek convenience, supermarkets lose personal care product sales to eCommerce, PYMNTS research shows. The Context In an effort to retain their customers, brick-and-mortar grocers and big box stores...
February 08, 2023
Crypto ATM Operator Cash Cloud Files for Bankruptcy
Crypto ATM operator Cash Cloud has filed for bankruptcy with at least 5,000 creditors. The firm, which does business as Coin Cloud, has assets between $50 million and $100 million,...
February 08, 2023
Food Manufacturers’ Global Price Hikes Set to Slam Small Business...
Smaller grocers are again caught between consumers and prices as major brands pass on their commodities costs. Shoppers globally are expected to pay even more for branded food items in...
February 08, 2023
The Consumer Convenience Mandate: Why Kiosks Should Not Be Grocers’...
If consumers’ feelings are any indication, the immediate cost-cutting benefits grocers can receive from reduced personnel may be better spent on loyalty-focused innovations. Traditional brick-and-mortar grocery stores are having an...
February 08, 2023
Japan Becomes Mobile Wallet Adoption Leader Among 11 Countries, Attracts...
Digital engagement has become integrated in consumers’ everyday lives across the globe. One example: Mobile wallet use has been growing in-store, replacing some shoppers’ physical wallets, even in cash-heavier countries...
February 08, 2023
Wolverine Sells Keds to DSW Parent Designer Brands
Footwear company Wolverine Worldwide has sold its Keds line to shore store chain Designer Brands. The deal, announced Wednesday (Feb. 8), allows Wolverine to streamline its portfolio, while helping Designer...
