food and beverage

Treasury Secretary Janet Yellen Says Many Americans Concerned About High Costs
Treasury Secretary Janet Yellen Says Many Americans Concerned About High Costs
May 24, 2024  |  Economy

The high cost of essentials like food, rent and mortgages are weighing on many American consumers, Treasury Secretary Janet Yellen said Thursday (May 23). Yellen said the price increases...

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Ice Cream for Dogs: Pet Parents Are Springing for Human-Like Treats
Ice Cream for Dogs: Pet Parents Are Springing for Human-Like Treats
May 21, 2024  |  Retail

Pet parents are splurging on products and experiences that treat their dogs like their human relatives. Ollie, a company specializing in human-grade dog food, announced...

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Three-Quarters of Young Consumers Favor Click-and-Mortar™ Grocery Shopping
Three-Quarters of Young Consumers Favor Click-and-Mortar™ Grocery Shopping
May 17, 2024  |  Retail

Millennials and Generation Z consumers are not satisfied choosing between digital and physical channels to do their grocery shopping — they want it all. By the Numbers...

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CVS Pharmacy Debuts Well Market Brand as Retailers Expand Private-Label Items
CVS Pharmacy Debuts Well Market Brand as Retailers Expand Private-Label Items
May 16, 2024  |  Retail

CVS Pharmacy, the retail division of CVS Health, launched a new store brand for snacks, beverages and groceries. The new Well Market brand features nutrition options, bold flavors, recyclable...

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As Consumers Pause Spending in April, Is Summer Slowdown Looming for Merchants?
As Consumers Pause Spending in April, Is Summer Slowdown Looming for Merchants?
May 15, 2024  |  Economy

It remains to be seen if April will be the pause that refreshes or if consumers will pinch their wallets shut for a longer period, ushering in summer doldrums for...

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Square Adds 5 New Integrated Solutions for Restaurants
Square Adds 5 New Integrated Solutions for Restaurants
May 14, 2024  |  ResTech

Square has formed several new integrations and partnerships with organizations serving food and beverage (F&B) companies. The provider of commerce solutions also said that 45%...

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CPG Subscriptions Eat Into Walmart’s Grocery Share
CPG Subscriptions Eat Into Walmart’s Grocery Share
May 13, 2024  |  Subscriptions

Increasingly, when consumers go to the grocery store, it is just to buy food, such that leading grocery retailers are losing share of center-aisle products to eCommerce...

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New Technology Puts Financial Improvements on the Menu for Restaurants
New Technology Puts Financial Improvements on the Menu for Restaurants
May 13, 2024  |  ResTech

Even as Main Street businesses outperform the rest of the economy, there’s a whole different set of rules for restaurants. For example, PYMNTS Intelligence found...

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McDonald’s Wants to Promote Value by Implementing $5 Meal Deal
McDonald’s Wants to Promote Value by Implementing $5 Meal Deal
May 10, 2024  |  Economy

McDonald’s is reportedly encouraging franchisees to vote to implement a $5 meal deal to bring back consumers who have left because of high prices. Franchisees — which...

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