Food

The distinction between eating away from home (restaurants) and eating at home (groceries) is blurring as consumers use connected devices and apps integrated with payments, to move seamlessly between buying restaurant food to eat at home and groceries and prepared food at the grocery store or convenience stores to cook at home.
Biden Calls Out Snack Food Makers Over Shrinkflation ‘Rip-Off’
Biden Calls Out Snack Food Makers Over Shrinkflation ‘Rip-Off’
February 11, 2024  |  Retail

President Joe Biden wants snack food companies to end the practice of shrinkflation. That is the term for when businesses reduce the size of a product without...

READ MORE >
Walmart Shares Hit All-Time High as Groceries Draw Shoppers
Walmart Shares Hit All-Time High as Groceries Draw Shoppers
November 03, 2023  |  Walmart

Walmart’s shares reportedly reached an all-time high Friday (Nov. 3), with investors betting on its ability to thrive during the holiday season. This peak, at...

READ MORE >
Pret to Expand Coffee Subscription Service to US and France
Pret to Expand Coffee Subscription Service to US and France
August 24, 2023  |  Subscription Commerce

British sandwich and coffee chain Pret A Manger is set to expand its monthly coffee subscription service to the United States and France, according to a...

READ MORE >
DoorDash Adds SNAP EBT Acceptance to Win Low-Income Shoppers’ Grocery Loyalty
DoorDash Adds SNAP EBT Acceptance to Win Low-Income Shoppers’ Grocery Loyalty
June 27, 2023  |  eCommerce

In an effort to gain share of consumers’ grocery spending both from traditional brick-and-mortar grocers and from aggregator rivals such as Instacart, DoorDash is expanding...

READ MORE >
ByteDance Chasing WeChat in the Super-App Race With Douyin
ByteDance Chasing WeChat in the Super-App Race With Douyin
June 14, 2023  |  Connected Economy

ByteDance, the parent company of popular social media app TikTok, is on a mission to become China’s next “everything app” to rival the success of WeChat by Tencent. ...

READ MORE >
Food and Energy Inflation Data Hint at Disposable Income Pressure
Food and Energy Inflation Data Hint at Disposable Income Pressure
February 24, 2023  |  Economy

Inflation is making paying for basics of everyday life — food especially — harder to swallow. Earlier this week, PYMNTS reported that the cost of essentials...

READ MORE >
FoodTech Investments Help Streamline Africa’s Agriculture Trade, Connect Fragmented Supply Chains
FoodTech Investments Help Streamline Africa’s Agriculture Trade, Connect Fragmented Supply Chains
October 09, 2022  |  Supply Chain

Africa’s startup ecosystem raised nearly $5 billion in venture capital (VC) funding last year, twice as much as in 2020. For Zekarias Amsalu, founder and...

READ MORE >
NationsBenefits Acquires DeliverLean to Expand ‘Food as Medicine’ Offering
NationsBenefits Acquires DeliverLean to Expand ‘Food as Medicine’ Offering
August 29, 2022  |  Healthcare

Member engagement, benefits administration and healthcare company NationsBenefits has announced an agreement to acquire health and wellness-oriented food manufacturer DeliverLean in order to expand its...

READ MORE >
Paycheck-to-Paycheck Consumers Cut Back on Online Restaurant Ordering
Paycheck-to-Paycheck Consumers Cut Back on Online Restaurant Ordering
August 04, 2022  |  Consumer Insights

As food prices rise, consumers who don’t have a financial safety net to fall back on are no longer springing for restaurant delivery and takeout...

READ MORE >