With efforts to bring convenience to its guests through mobile technology, Dunkin’ Brands reported first-quarter results that beat analysts’ top-line and bottom-line earnings estimates. The quick-service restaurant (QSR) chain, which counts brands such as Dunkin’ and Baskin’ Robbins in its roster, reported revenues of $319...
Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. markets. Customers can place their beer orders via the 7Now app. A company statement revealed that a section of the app called “The Beer Necessities” will offer “everything from traditional beers to craft...
In a world where wellness has become a well-loved buzzword, it is perhaps unsurprising that sleep has become such big business. Sleep aids are big money. In 2017, it was a $69.5 billion business worldwide, and according to industry watchers, that figure is on track to grow...
Some entrepreneurs are inspired to start companies that stem from their passions: Nitesh Gandhi, founder and CEO of “apart-hotel” company Locale, was drawn to design, architecture and spaces while growing up. Gandhi said he has always been the one to look for the coffee shop...
To help consumers scan and pay for their selections, U.K. supermarket company Sainsbury’s has opened a checkout-free store in Holborn Circus, London, where shoppers use a smartphone app when they shop at the store, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
While the CEO of the country’s biggest mall owner thinks that retail store closures will slow down this year, he added that he “can’t guarantee it.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
As artificial intelligence (AI) moves from theory to reality – a slow and uneven effort, but a real trend – retailers are starting to experiment with the technology. The work to craft AI-powered commerce tools comes as the technology is making initial inroads into financial...
Some digital innovators reinvent old processes to make them more efficient. Daniel McCann, who started restaurant customer engagement platform 5thru, for instance, turned his focus to the long wait at the drive-thru. Consumers might want to get a morning cup of coffee, but face a...
Following in the footsteps of Volvo Cars and General Motors Co., Ford Motor Co. is teaming up with Amazon to allow for packages to be delivered to millions of vehicles. The offering will be available on some recent Ford and Lincoln models, Bloomberg reported. Get the...
