Commerce

Commerce
Inflation Boosts Merchant Interest in Data to Keep Customers Brand Loyal
June 23, 2022

Try telling a Dunkin’ fan that Starbucks is better, or vice versa — and then play that out across every consumer product and service imaginable. People form powerful bonds with brands, but those bonds will break without a dialed-in understanding of the new consumer expectations....

Commerce
Today in Food Commerce: Amazon Leverages Grocery Deals; Chick-fil-A Tests Mobile Drive-Thru
June 22, 2022

Today in food commerce, major retailers look to drive grocery sales during deal days, and Chick-fil-A tests an express drive-thru lane. Plus, DoorDash partners with Canadian grocery chain Loblaws for on-demand delivery. Amazon, Target Leverage Deal Days to Drive Grocery Sales As food at home...

Commerce
Today in Food Commerce: Kellogg Splits Into Three; Krispy Kreme Launches Ice Cream
June 21, 2022

Today in food commerce, Kellogg divides into three independent, publicly traded companies, while Mondelēz International acquires Clif Bar. Plus, Krispy Kreme rolls out ice cream, and Jason Scoggins of Chipotle, discusses how loyalty and rewards are helping the brand boost affinity in Canada. Kellogg Split...

Commerce
Kellogg Split Sees CPG Brands Turn Their Focus to High-Growth Snacking Category
June 21, 2022

Consumers’ habits have evolved dramatically in the past few years, and brands that do not adapt to their changed preferences risk falling behind. From prioritizing different food categories to exploring new commerce models, the consumer-packaged goods (CPG) space is evolving. Kellogg, for one, noting the...

Commerce
Today in Food Commerce: Rohlik Raises $230M; Grocery Buyers Seek Fuel Rewards
June 17, 2022

Today in food commerce, grocery delivery startup Rohlik announces a 220 million euro Series D fundraise, and Instacart debuts an updated subscription program, Instacart+. Additionally, PYMNTS research reveals shifts in consumers’ grocery purchasing behavior. PYMNTS Data: Two-Thirds of Consumers Not Sympathetic to Restaurants’ Labor Challenges...

Commerce
Today in Food Commerce: Kroger Taps Data Insights; Target Debuts Private-Label Cocktails
June 16, 2022

Today in food commerce, Kroger turns to data analytics tools to weather inflationary challenges, while Target announces the launch of a line of new ready-to-drink (RTD) cocktails. Plus, Wendy’s and Kraft make moves to be virtually accessible in metaverse spaces. Kroger Leverages Data Analytics in...

Commerce
Today in Food Commerce: SpartanNash Grows Its Footprint; Marc Lore’s Wonder Raises $350M
June 15, 2022

Today in food commerce, SpartanNash, a grocer and food distributor with ties to Amazon, buys up a regional northwestern Michigan grocery chain, while Wonder, a food delivery startup from Jet’s Marc Lore, announces a $350 million Series B funding round. Plus, Anjali Naik, chief operating...

Commerce
Grubhub Robotics Partner Predicts the P2P Future of Automated Delivery
June 15, 2022

As food delivery demand remains elevated, and restaurants and aggregators struggle with a difficult courier labor market, many are turning to robotics to automate the process and boost capacity. Grubhub, for one, announced on Monday (June 13) that it is partnering with Cartken, a self-driving...

Commerce
Today in Food Commerce: Grubhub Rolls out Campus Delivery Robots; Subway Captures Catering Demand
June 13, 2022

Today in food commerce, Grubhub makes autonomous delivery via its partnership with self-driving robotics company Cartken available to colleges across the country, while Jenn Saunders-Haynes of Subway, discusses the evolution of consumers’ catering expectations. Plus, PYMNTS data reveals how consumers’ grocery purchasing behaviors are changing....