food and beverage

Grocery Aggregators Lag Behind Other eCommerce Marketplaces in Consumer Satisfaction
Grocery Aggregators Lag Behind Other eCommerce Marketplaces in Consumer Satisfaction
January 18, 2024  |  Aggregators

When it comes to online marketplaces, grocery-focused platforms lag behind other industries in terms of providing a positive customer experience. By the Numbers The new...

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Flashfood CEO Says App Drives Loyalty for Grocers With Deal-Seeking Shoppers
Flashfood CEO Says App Drives Loyalty for Grocers With Deal-Seeking Shoppers
January 18, 2024  |  Loyalty & Rewards

As consumers look for lower-priced grocery options amid ongoing budgetary pressures, Flashfood is seeing its eCommerce marketplace, which sells food that would otherwise go to...

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Costco Tests Pre-Entry Membership Verification as Consumers Seek More Deals
Costco Tests Pre-Entry Membership Verification as Consumers Seek More Deals
January 18, 2024  |  Authentication

With more consumers looking to find bargains on groceries, Costco is trying a new, more prohibitive membership verification process. The warehouse club giant is testing...

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Demand for Personalized Offers Creates Loyalty Opportunity for Restaurants
Demand for Personalized Offers Creates Loyalty Opportunity for Restaurants
January 17, 2024  |  Restaurant innovation

With consumers seeking out targeted deals and offers, restaurants can use artificial intelligence to secure customers’ loyalty. By the Numbers The PYMNTS Intelligence study “Personalized...

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Grubhub Orders Fall 13% Amid Company’s Cost-Cutting Measures
Grubhub Orders Fall 13% Amid Company’s Cost-Cutting Measures
January 17, 2024  |  Earnings

Grubhub continues to see its order volume decline by double digits, even as its unit economics improve. The aggregator’s parent company, Just Eat Takeaway.com, reported...

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Ocado Retail Drives eGrocery Adoption as Digital Channels Gain Share
Ocado Retail Drives eGrocery Adoption as Digital Channels Gain Share
January 16, 2024  |  Earnings

With online grocery eating away at brick-and-mortar players’ market share, Ocado Retail is seeing its revenue rise. The joint venture between British grocery technology company...

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Burger King Owner Restaurant Brands to Acquire Largest Franchisee for $1 Billion
Burger King Owner Restaurant Brands to Acquire Largest Franchisee for $1 Billion
January 16, 2024  |  Acquisitions

Restaurant Brands International, the owner of the Burger King brand, will acquire Carrols Restaurant Group, the largest Burger King franchisee in the United States, for...

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Drive-Thrus Get Tech Upgrades as QSRs Aim to Be 100% Digital
Drive-Thrus Get Tech Upgrades as QSRs Aim to Be 100% Digital
January 16, 2024  |  ResTech

The drive-thru may be slower to digitize than other restaurant ordering channels, but more eateries are finding ways to integrate connected technology into the experience,...

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Wage Hikes and Regulations May Spur Gig Platform Consolidation
Wage Hikes and Regulations May Spur Gig Platform Consolidation
January 15, 2024  |  Gig Economy

Wage hikes and new regulations impacting the ways in which gig workers are classified may shake up online platforms, pinching profits and spurring consolidation. In...

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