Food And Beverages news and trends

Walmart Taps Automation in Bid to Broaden Grocery Lead Over Amazon
Retail // July 12, 2024

As Walmart looks to hold its own against Amazon’s growing lead in retail, the company is leaning into its food and beverage stronghold, leveraging automation to scale its omnichannel grocery presence. On Wednesday (July 10), the retail giant announced plans for the future of its...

F&B Brands Enter Virtual Worlds to Reach New Consumers
Retail // July 10, 2024

As food and beverage brands look for new ways to drive acquisition and loyalty, key players are turning to virtual worlds to reach consumers in more parts of their day-to-day digital routines. Take, for instance, video game worlds. Quick-service restaurant (QSR) chain Whataburger announced Monday...

23% of Grocery Shoppers Alienated by High Prices
Consumer Finance // July 05, 2024

As grocery shoppers look to find the merchant best suited to their needs, a significant share of customers find themselves put off by higher-than-expected prices, threatening their loyalty. By the Numbers The PYMNTS Intelligence report “The Online Features Driving Consumers to Shop With Brands, Retailers...

Grocers Tackle Escalating Theft and Fraud Crisis
Retail // July 05, 2024

In recent years, the grocery sector has faced a burgeoning challenge: the rising tide of theft and fraud. According to data from the Food Industry Association (FMI), a national trade association for the U.S. food industry, this is the most commonly faced challenge for grocers...

Interviews & Exclusives
Walmart Taps Automation in Bid to Broaden Grocery Lead Over Amazon

July 12, 2024
As Walmart looks to hold its own against Amazon’s growing lead in retail, the company is leaning into its food and beverage stronghold, leveraging automation to scale its omnichannel grocery presence. On Wednesday (July 10), the retail giant announced plans for the future of its grocery network, which include stepping up the technology at four […]

5 Metrics to Elevate Your Loyalty Program

July 04, 2024
Brands use loyalty programs to increase sales, acquire and retain members, enhance the customer experience and create advocates. Return on investment (ROI) is foremost among any brand’s metric to measure...

Amazon Exec Says Restaurant Ordering About Boosting Daily Engagement With Prime

May 31, 2024
As Amazon looks to make its Prime membership increasingly indispensable to customers’ day-to-day lives, the eCommerce giant’s new partnership with Grubhub aims to drive more frequent engagement with the subscription’s...

Inflation and Pinched Consumer Wallets Dominate Q1 Earnings

May 01, 2024
If there’s a theme for retailers this earnings season, and especially for dining, it might be crystallized in the comments this week from McDonald’s CEO Chris Kempczinski, who told analysts:...

Quick Reads
OpenTable and Visa Launch Restaurant Reservation Partnership

July 16, 2024
Restaurant tech company OpenTable says it has launched a collaboration with Visa. The partnership, announced Tuesday (July 16) and dubbed the “OpenTable & Visa Dining Collection,” is designed to offer eligible Visa cardholders “exclusive access to sought-after restaurant reservations and events” at restaurants across North America. “The Visa Dining Collection rewards diners for paying with […]

DoorDash and Deliveroo Acquisition Talks Ended on Valuation Disagreement

June 25, 2024
A potential combination of meal delivery companies Doordash and Deliveroo was reportedly discussed but rejected in May. Doordash approached Deliveroo about acquiring that company at that time, but talks between the two...

Starbucks and Marriott Team on Loyalty Rewards

June 18, 2024
Starbucks has teamed with Marriott’s marketplace Bonvoy to offer benefits to loyalty members. As the companies said in a news release Tuesday (June 18), Marriott Bonvoy members and Starbucks Rewards...

Judge Allows Yelp to Sue Firm That Claimed to Remove ‘Bad’ Reviews

June 07, 2024
Yelp can continue a trademark infringement and unfair competition lawsuit against a company that advertised that it could remove “bad” reviews from the platform. A judge ruled Thursday (June 6)...