Today in food commerce, sporting arenas meet consumers’ increasing need for self-service convenience, while Wendy’s largest shareholder considers taking control of the brand. Plus, food brands attempt to distract from inflation concerns with buzzy product launches and giveaways.
MLB, NFL Venues Digitize Concessions With Next-Gen Self-Service
The race to digitize live event concessions continues, this time with a push to make it easier for stadiums and arenas to implement self-service kiosks. Retail technology company Gallery Carts has announced a partnership with digital component manufacturer Falkbuilt to make it easier to build grab-and-go kiosks for live event venues. The technology is up and running at the MLB’s San Diego Padres’ Petco Park and is soon to go live at two NFL team stadiums.
Wendy’s Privatization News Triggers Value Hunt Among Small, Battered QSRs
As challenges rack the quick-service restaurant (QSR) industry, there may be some major moves in the space in the near future — privatizations, mergers, acquisitions and more could be down the line. Take, for instance, Wendy’s. The company’s largest shareholder, Trian Partners, Nelson Peltz’s activist hedge fund, has revealed that it is considering taking control of the brand.
F&B Brands Distract Customers From Rising Grocery Costs With Buzzy Giveaways, Collaborations
As food prices skyrocket, name brands are challenged to find ways to reinforce their relationships with consumers or else risk losing them to more affordable competitors. Mondelēz International, for one, is using a tried-and-true method for making people like it — giving them free things.
Four Key Ways Online Merchants Can Unlock Consumer Trust
“Satisfaction in the Age of eCommerce: How Online Merchants Are Cultivating Long-Term Customer Ties,” a PYMNTS and Riskified collaboration, explores consumer preferences when buying from online retailers and grocers.
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