December 05, 2023
Panera Adds Subscription Gifting as Restaurants Fight Holiday Belt-Tightening
With consumers bracing to reduce their spending at restaurants over the holiday season, Panera Bread is looking to drive continued sales and visits by making its beverage subscription giftable. The...
December 05, 2023
Omniful Raises $5.8 Million to Launch eCommerce Platform
Omniful, an eCommerce/supply chain startup, has reportedly emerged from stealth with $5.85 million in funding. As TechCrunch reported Tuesday, the startup, based in Saudi Arabia and the United Arab Emirates,...
December 05, 2023
Holiday Gifting Presents 2-for-1 Customer Acquisition Opportunity
As brands look to capture consumers’ holiday gifting spending, subscription box providers have the opportunity to drive high-margin a la carte sales on one hand and to acquire subscribers on...
December 04, 2023
JOANN Focuses on Controllable Factors to Connect With Customers
During this quarter, JOANN opted to refine its retail approach to align better with customer demand. During the craft retailers’ latest earnings call on Monday (Dec. 4), Chris DiTullio, JOANN’s...
December 04, 2023
Merchants Eye Embedded, Flexible Rewards to Keep Transactions Flowing
For forward-thinking merchants eyeing new ways to keep the transactions flowing, to keep consumers opening their wallets and wielding cards, new approaches to rewards may prove most rewarding. Consumer spending...
December 04, 2023
CE 100 Index Gains 3.1% as Communications Stock Surge Is...
The CE 100 Index gained 3.1% coming off a Thanksgiving holiday-truncated week with vigor as all segments gained ground. The Communications pillar surged 8.7%. Snap was 12.9% higher in the...
December 01, 2023
Retailers Raise Annual Forecasts After Strong Black Friday Sales
Retailers are reportedly expressing optimism for the holiday season sales following stronger-than-expected figures during Black Friday and Cyber Monday. The heavy discounts offered during these peak shopping days attracted budget-strained...
December 01, 2023
This Week in AI: ChatGPT’s Birthday, Amazon’s Ambitions, Payment Efficiencies
Thursday (Nov. 30) was OpenAI’s ChatGPT’s first birthday. And what a year it’s been for the generative artificial intelligence (AI) landscape more broadly. We are only at the beginning of...
December 01, 2023
Consumers Take Advantage of Deals, BNPL as Holiday Shopping Kicks...
Despite economic uncertainty, consumers have been spending in the week after Thanksgiving to complete a portion of their holiday shopping and take advantage of the best deals. This year’s Black...
