Editor’s Picks

Red Lobster Sells Frozen Meals as Consumers Cut Restaurant Spending
Red Lobster Sells Frozen Meals as Consumers Cut Restaurant Spending
February 22, 2023  |  Restaurant innovation

Red Lobster has launched a line of frozen meals as consumers rethink their restaurant spending amid inflation. The casual dining chain, which has more than...

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CFPB Says Collections Data Shows Strapped Consumers Grappling with Utility Bills
CFPB Says Collections Data Shows Strapped Consumers Grappling with Utility Bills
February 22, 2023  |  Economy

Keeping the lights and the cell phones on are proving a challenge for cash-strapped consumers. As PYMNTS has found, those obligations are among the most...

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Innovative Department Store Chain Neighborhood Goods Back on Growth Track
Innovative Department Store Chain Neighborhood Goods Back on Growth Track
February 22, 2023  |  Retail

The recovery of physical retail is also bringing new levels of innovation and experimentation to the in-store experience as the online and physical worlds meet...

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With 1B Users as Goal, Coinbase CEO Turns 2023 Focus to Regulation
With 1B Users as Goal, Coinbase CEO Turns 2023 Focus to Regulation
February 21, 2023  |  Earnings

Coinbase is focused on controlling what can be controlled and contingency planning for what can’t. This, as a year full of idiosyncratic events, battered the crypto...

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Walmart Sees 17% Hike in eCommerce in Q4
Walmart Sees 17% Hike in eCommerce in Q4
February 21, 2023  |  Retail

Coming off its first-ever $600 billion year of sales, Walmart told investors Tuesday (Feb. 21) that even though economic concerns continue to cloud the future,...

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Gen Z eGrocery Adoption Outpaces Baby Boomers 4 to 1
Gen Z eGrocery Adoption Outpaces Baby Boomers 4 to 1
February 17, 2023  |  Retail

When it comes to adopting new online grocery shopping habits, PYMNTS data reveals a dramatic gap between younger and older consumers. The Context Grocers and...

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Asda Cuts Final Grocery Ties to Walmart 2 Years After Spin-Off
Asda Cuts Final Grocery Ties to Walmart 2 Years After Spin-Off
February 17, 2023  |  Retail

As grocers look to lay solid foundations for their digital futures, Asda is dropping Walmart. The United Kingdom-based supermarket chain announced Thursday (Feb. 16) that it is partnering with digital...

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Grubhub Says Retaining Restaurant Customers About Data and Rewards
Grubhub Says Retaining Restaurant Customers About Data and Rewards
February 17, 2023  |  Data

As Grubhub sees it, digitally-minded restaurants need to focus on engagement if they’re going to succeed. In an interview with PYMNTS, Kate Green, vice president, restaurant...

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As Amazon Ramps Grocery Plans, Walmart Leverages Flywheel and Stores
As Amazon Ramps Grocery Plans, Walmart Leverages Flywheel and Stores
February 17, 2023  |  Retail

From its founding 60 years ago to its most recent press release this week, Walmart has never strayed from its core message: helping people live...

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