PYMNTS-MonitorEdge-May-2024

loyalty rewards

Loyalty programs offer rewards, discounts, or other special incentives and are designed as a reward for a customer's repeat business. Some rewards are earned and others are unlocked when signing up or referring a friend.

NFT Weekly: Starbucks’ Token Rewards; Beyoncé, Bruno Mars Hitmakers Go Ape
NFT Weekly: Starbucks’ Token Rewards; Beyoncé, Bruno Mars Hitmakers Go Ape
September 13, 2022  |  NFTs

Starbucks has been an early adopter of crypto — or at least an early experimenter — since 2019 when it first started testing various pay-with-bitcoin...

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For Restaurant Loyalty Programs to Pay off, They Must Be Easy to Access
For Restaurant Loyalty Programs to Pay off, They Must Be Easy to Access
September 13, 2022  |  Loyalty & Rewards

As restaurants look to keep visit frequency up in the face of rising consumer anxiety about price, loyalty programs can be a key tool to...

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Starbucks Launches Loyalty Program Built on NFT Tech
Starbucks Launches Loyalty Program Built on NFT Tech
September 13, 2022  |  Restaurant innovation

When it comes to quick-service restaurants (QSRs), Starbucks has some of the more loyal customers out there, with the brand’s rewards program often upheld as...

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Ikea looks to Drive in-Store Traffic With 5% Loyalty Discount
Ikea looks to Drive in-Store Traffic With 5% Loyalty Discount
September 12, 2022  |  Retail

As Ikea moves to reinvent its physical retail presence and drive more foot traffic to its stores, the Swedish-founded conglomerate known for its unfussy, ready-to-assemble...

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Membership Program, Automation Recharge Kroger’s Digital Growth
Membership Program, Automation Recharge Kroger’s Digital Growth
September 09, 2022  |  Earnings

After seeing its digital business take a dip following consumers’ post-quarantine return to life away from home, Kroger, the largest U.S. pure-play grocery retailer, has...

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Boots Launching Online Marketplace as Part of Digital Transformation
Boots Launching Online Marketplace as Part of Digital Transformation
September 06, 2022  |  Merchant Innovation

Boots is set to debut an online marketplace next year that will let third-party brands sell their wares through the Walgreens-owned U.K. health and beauty...

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Hungryroot: You Don’t Need Loyalty Programs if Your Product Is Differentiated
Hungryroot: You Don’t Need Loyalty Programs if Your Product Is Differentiated
September 01, 2022  |  Loyalty & Rewards

As eCommerce food businesses across restaurant and grocery aggregators compete for consumers’ share of stomach, many are turning to loyalty programs to drive up purchasing...

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SumUp Intros Digital Wallet With Loyalty Rewards as It Ventures Into B2C Space
SumUp Intros Digital Wallet With Loyalty Rewards as It Ventures Into B2C Space
September 01, 2022  |  Payment Methods

Mobile point-of-sale (mPOS) company SumUp is venturing into the business-to-consumer (B2C) space with the launch of its first digital wallet and loyalty rewards program. SumUp Pay provides consumers...

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Circle K Parent Couche-Tard Offsets Loyalty Challenges With Subscription Strength
Circle K Parent Couche-Tard Offsets Loyalty Challenges With Subscription Strength
August 31, 2022  |  Subscriptions

Convenience store giant Couche-Tard, parent company of its eponymous brand, Circle K and Ingo, is falling behind when it comes to boosting customer loyalty with...

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