Digital Rewards news and trends

41% of U.S. Shoppers Demand Digital Rewards
Loyalty & Rewards // March 29, 2024

As retailers look to meet consumers’ digital expectations, PYMNTS Intelligence research reveals, loyalty rewards can go a long way.  By the Numbers Research from PYMNTS’ study last year “The 2023 Global Digital Shopping Index: U.S. Edition,” which drew from a survey of more than 2,800...

UK Retailers Step Up Rewards to Help Shoppers Navigate Inflation
Loyalty & Rewards // April 18, 2023

As Brits try to cut back on spending and expenses amid the ongoing cost-of-living crisis and double-digit food inflation, U.K. grocers are under pressure to step up their discounting efforts to retain customers. As PYMNTS reported earlier this year, the country’s grocery inflation surpassed 17%...

Ahold CFO Says 10B Personalized Offers Drove Record Digital Engagement
Earnings // February 15, 2023

Ahold Delhaize is combating inflation-related belt-tightening by leveraging customer data to offer targeted rewards. The multinational grocery giant, parent of a range of well-known supermarket chains, spoke to the success of these efforts on a call with analysts Wednesday (Feb. 15), discussing the company’s fourth-quarter...

WeGift Raises £4M In Funding To Boost Expansion To US
Investments // June 28, 2019

Digital rewards platform WeGift announced that it has raised £4 million (nearly $5.07 million USD) in Series A funding, led by Fred Destin at Stride.VC, who is also joining the company’s board of directors. Additional high-profile investors included SAP.iO and Unilever Ventures, as well as...

Quick Reads
Walmart-Backed Ibotta Sees Share Price Leap 33% in Market Debut

April 18, 2024
Ibotta shares leapt 33% during their debut on the New York Stock Exchange (NYSE) on Thursday (April 18). The stock debuted at $117 per share after pricing at $88 per share Wednesday (April 17), Axios reported Thursday. The firm raised $577.3 million. Ibotta has raised its price Wednesday from an earlier price range of $76 […]

WeGift Raises £4M In Funding To Boost Expansion To US

June 28, 2019
Digital rewards platform WeGift announced that it has raised £4 million (nearly $5.07 million USD) in Series A funding, led by Fred Destin at Stride.VC, who is also joining the...