Deliveroo CEO Expects Wage Growth to Outpace Food Inflation, Drive Demand

Deliveroo CEO Expects Wage Growth to Outpace Food Inflation, Drive Demand
Deliveroo CEO Expects Wage Growth to Outpace Food Inflation, Drive Demand
January 19, 2024  |  Earnings

As restaurant delivery services around the world have seen demand impacted for years by ongoing food inflation and other financial challenges, Deliveroo expects that wage...

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Wayfair Cuts 13% of Workforce While ‘Right-Sizing Its Cost Structure’
Wayfair Cuts 13% of Workforce While ‘Right-Sizing Its Cost Structure’
January 19, 2024  |  Retail

Wayfair is laying off 1,650 employees as part of its efforts around “right-sizing its cost structure.” Get the Full Story Complete the form to unlock...

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EU Invites Comments on Solutions to Apple Pay Competition Issues
EU Invites Comments on Solutions to Apple Pay Competition Issues
January 19, 2024  |  ANTITRUST

The European Commission (EC) has invited comments on the commitments offered by Apple to address competition concerns related to access restrictions for contactless payments on...

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Richemont’s Sales Soar on Strong Demand in China and Japan
Richemont’s Sales Soar on Strong Demand in China and Japan
January 19, 2024  |  Retail

Inflation-pressured consumers tend to cut back on their luxury purchases.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Most Gen X Cardholders Revolve Their Balances, Leading All Generations
Most Gen X Cardholders Revolve Their Balances, Leading All Generations
January 19, 2024  |  Consumer Finance

In times of financial hardship, revolving a credit card balance to future months rather than paying it off entirely is a strategy consumers commonly adopt....

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Walmart and Amazon Get Back to Basics to Elevate Signature Shopping Experiences
Walmart and Amazon Get Back to Basics to Elevate Signature Shopping Experiences
January 19, 2024  |  Retail

In a world where Amazon and Walmart are always finding ways to go neck in neck, both retail giants are focusing on enhancing their established...

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AI’s Commercialization Puts Enterprise Security Under the Microscope
AI’s Commercialization Puts Enterprise Security Under the Microscope
January 19, 2024  |  Artificial Intelligence

Every technological advancement — including generative artificial intelligence — brings with it its own, updated variety of adversarial threats. Get the Full Story Complete the...

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85% of CFOs Use Working Capital to Safeguard Businesses From Macroeconomic Shifts
85% of CFOs Use Working Capital to Safeguard Businesses From Macroeconomic Shifts
January 19, 2024  |  Loans

The adoption of working capital solutions has seen a rise among growth corporates, commonly referred to as middle-market firms, in North America. Get the Full...

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PayFacs Bet Big on Digital Wallets in 2024
PayFacs Bet Big on Digital Wallets in 2024
January 19, 2024  |  Digital Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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