food and beverage

Starbucks to Cut 900 Jobs and Close 1% of Locations

Starbucks to Cut 900 Jobs and Close 1% of Locations
Starbucks to Cut 900 Jobs and Close 1% of Locations
September 25, 2025  |  Retail

Starbucks is eliminating 900 jobs and closing stores as part of its turnaround plan. The coffee chain plans to decrease its store count by 1%,...

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Dining Dollars Shift to Value and at-Home Options
Dining Dollars Shift to Value and at-Home Options
August 14, 2025  |  Earnings

It was supposed to be Mediterranean’s moment as Cava Group entered 2025 with growing momentum. After breaking the $1 billion revenue mark, the fast-casual chain, often...

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Boomers Lead Gen Z in Impulse Buys From Influencers
Boomers Lead Gen Z in Impulse Buys From Influencers
July 24, 2025  |  Consumer Insights

Social media influencers captivate audiences and drive purchases for more than half of consumers in the United States. The PYMNTS Intelligence exclusive report “Generational Pulse:...

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Product Shortages Hit Nearly Half of US Shoppers
Product Shortages Hit Nearly Half of US Shoppers
July 23, 2025  |  Consumer Insights

Global trade policy, long an abstract debate, now directly impacts the pocketbooks and grocery carts of consumers in the United States. The PYMNTS Intelligence report...

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Robotics Companies Land $3.5 Billion to Improve Food Delivery
Robotics Companies Land $3.5 Billion to Improve Food Delivery
July 21, 2025  |  Delivery

Robotics companies focused on food delivery have gotten roughly $3.5 billion in investments since 2019, The Wall Street Journal (WSJ) reported Monday (July 21), citing...

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Apple: Developers Paid No Commission on 90% of 2024 Sales
Apple: Developers Paid No Commission on 90% of 2024 Sales
May 29, 2025  |  Mobile Commerce

Apple’s App Store in the United States facilitated $406 billion in developer billings and sales last year. The findings are the results of a study...

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Fewer Americans Report Price Hikes Made Financial Situation Worse
Fewer Americans Report Price Hikes Made Financial Situation Worse
May 28, 2025  |  Economy

While inflation and prices remain Americans’ top financial concerns, a smaller percentage of U.S. adults said changes in prices made their finances worse in 2024,...

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Instacart Picks Chief Business Officer Chris Rogers as New CEO
Instacart Picks Chief Business Officer Chris Rogers as New CEO
May 28, 2025  |  Personnel

Instacart promoted its chief business officer to the company’s top leadership role. Chris Rogers will become CEO of the grocery delivery platform Aug. 15, according...

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