food and beverage

Cocktails by Subscription as Alcohol Brands Tap Recurring Payments
Cocktails by Subscription as Alcohol Brands Tap Recurring Payments
January 10, 2024  |  Subscriptions

Barsys and ReserveBar are launching a personalized cocktail subscription service, as more alcoholic beverage memberships emerge as part of the industry’s slow digital transformation. Barsys,...

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European eGrocer Picnic Raises $380M+ Amid Industry’s Digital Transformation
European eGrocer Picnic Raises $380M+ Amid Industry’s Digital Transformation
January 10, 2024  |  Investments

Around the world, grocery is increasingly shifting into the digital sphere, and investors are taking note. Dutch online grocer Picnic Technologies raised 350 million euros...

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Women Likelier Than Men to Cut Back on Grocery Spending
Women Likelier Than Men to Cut Back on Grocery Spending
January 09, 2024  |  Consumer Insights

As consumers continue to see economic pressures eat away at their purchasing power, PYMNTS Intelligence indicated women are more likely than men to cut back...

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Stor.ai, Mercatus Merge as Grocery Tech Providers Team up Against Aggregators
Stor.ai, Mercatus Merge as Grocery Tech Providers Team up Against Aggregators
January 09, 2024  |  Partnerships

As grocery technology companies look to hold their own against industry giants, some are left with no choice but to join forces, as a new...

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Carrefour-PepsiCo Spat Comes as Grocers Step Up Efforts to Manage Inflation
Carrefour-PepsiCo Spat Comes as Grocers Step Up Efforts to Manage Inflation
January 09, 2024  |  Retail

As rising food prices alienate grocery customers, merchants are beginning to throw their weight around with major food brands, if the Carrefour-PepsiCo standoff is any...

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Nathan’s Famous: Ghost Kitchen Industry Is Shifting Away From Small Businesses
Nathan’s Famous: Ghost Kitchen Industry Is Shifting Away From Small Businesses
January 08, 2024  |  ResTech

While ghost kitchens have stuck around since their initial boom in the earlier stages of the pandemic, quick-service restaurant (QSR) brand Nathan’s Famous sees smaller...

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Taco Bell Joins Restaurants Targeting Grocery Spending With Walmart Meal Kits
Taco Bell Joins Restaurants Targeting Grocery Spending With Walmart Meal Kits
January 05, 2024  |  ResTech

As restaurants look to capture more of consumers’ day-to-day meal occasions, Taco Bell is going after shoppers’ grocery spending, selling meal kits in Walmart stores....

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Service Sector Inflation Could Test Consumers’ Appetite to Spend in 2024
Service Sector Inflation Could Test Consumers’ Appetite to Spend in 2024
January 05, 2024  |  Economy

Through the last several months, payment networks, banks and buy now, pay later (BNPL) firms have pointed to the resilience of the U.S. consumer. Consumers...

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Restaurant Customers Want Self-Service, but Only If It’s Fun
Restaurant Customers Want Self-Service, but Only If It’s Fun
January 05, 2024  |  ResTech

While some restaurant technologies, such as QR code menus, may rub most consumers the wrong way, it seems that diners are open to self-service when...

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