food and beverages

Stord Acquires ProPack to Expand Fulfillment Network for Omnichannel Brands

Stord Acquires ProPack to Expand Fulfillment Network for Omnichannel Brands
Stord Acquires ProPack to Expand Fulfillment Network for Omnichannel Brands
April 05, 2024  |  Partnerships

Stord has acquired ProPack Logistics to expand its fulfillment network throughout the United States and Canada. ProPack, which provides fulfillment services for the nutrition and supplement product industry,...

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Amazon’s Retail Dominance Kept in Check by Walmart’s Food Sales
Amazon’s Retail Dominance Kept in Check by Walmart’s Food Sales
April 03, 2024  |  Retail

Since 2019, PYMNTS Intelligence has closely tracked the battle between the U.S.’s two top retailers, Walmart and Amazon, and each quarter we share our findings...

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Consumers Spend More at Restaurants When Using Digital Wallets
Consumers Spend More at Restaurants When Using Digital Wallets
March 14, 2024  |  Digital Payments

Digital wallets — such as Apple Pay and Google Pay, which use near-field communication tags, and Amazon Pay and PayPal, which use QR codes —...

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HelloFresh Stock Falls to Record Low After Projecting Lower Profit
HelloFresh Stock Falls to Record Low After Projecting Lower Profit
March 08, 2024  |  Stock Index

Meal-kit company HelloFresh saw its stock plummet Friday (March 8) in its largest single-day decline since debuting on the market in 2017. The company’s shares dropped to...

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Millennials Pull Rank as Brand Ambassadors; Gen Z Tougher Customers
Millennials Pull Rank as Brand Ambassadors; Gen Z Tougher Customers
February 29, 2024  |  ResTech

With so much consumer review information accessible on the go, the days of simply rolling the dice and taking a chance on a local restaurant...

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Domino’s CFO Says Momentum Shifting to Pickup Over Delivery
Domino’s CFO Says Momentum Shifting to Pickup Over Delivery
February 26, 2024  |  Earnings

Years into consumers’ ongoing financial challenges, restaurant customers are still trading down from delivery to pickup, Domino’s observed. The pizza giant, which has more than...

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Bank of America and Starbucks Partner on Rewards Program
Bank of America and Starbucks Partner on Rewards Program
February 15, 2024  |  Loyalty & Rewards

Customers of Bank of America and Starbucks can now earn more benefits by linking those accounts. A new partnership between the two companies allows Bank of America cardholders and Starbucks...

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Report: Inspire Brands May Launch IPO This Year or Next
Report: Inspire Brands May Launch IPO This Year or Next
February 14, 2024  |  IPO

Fast-food chain owner Inspire Brands may be nearing an initial public offering (IPO). Private equity firm Roark Capital has talked with potential advisers about a listing of Inspire Brands...

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