As digital sales continue to skyrocket and a new rewards program takes hold, Chipotle Mexican Grill beat analysts’ expectations for second-quarter earnings. The quick-service restaurant (QSR) chain reported revenues of $1.43 billion and earnings per share of $3.99 compared to estimates of $1.41 billion and...
The profile of augmented reality (AR) keeps rising in retail, and the latest evidence of the technology’s promise and popularity comes from Snapchat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In a move that borrows from the world of eCommerce, Pizza Hut is turning to technology to help consumers pick up their pizzas: One of its California restaurants has begun to experiment with “cubbies” for carryout orders, Engadget reported. Get the Full Story Complete the...
Starbucks has announced plans to make Starbucks Delivers available throughout the U.S. in early 2020. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Chinese eCommerce giant Alibaba Group Holdings Ltd is welcoming small businesses in the U.S. to sell on Alibaba.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
In its first international foray, Luckin Coffee reportedly plans to open coffee shops in India and the Middle East. The Chinese coffee company signed a memorandum of understanding to forge a joint venture with the Americana Group of Kuwait, Reuters reported. Get the Full Story...
Entrepreneurs sometimes start companies to overcome personal culinary challenges: Coconut Whisk CEO and Founder Bella Lam, for instance, discovered it was difficult to find foods that she enjoyed after she became a vegan. One of those items was baking mixes: There wasn’t any product on...
One might assume the hardest part of building a product to disrupt the traditional sunscreen industry would be actually formulating a new brand of sunscreen. Particularly if one’s goal is to make it free of oxybenzone and parabens — two of the more common preservatives...
To make the clothing industry more inclusive of children with disabilities, major fashion brands are debuting adaptive clothing lines. Tommy Hilfiger, Target and Zappos have all launched these types of lines in recent years, while Kohl’s is the latest retailer to do so, CNBC reported....
