Innovation

Innovation in its modern meaning is "a new idea, creative thoughts, new imaginations in form of device or method". Innovation is often also viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs.

(source: en.wikipedia.org)

Domino’s Revives Carryout ‘Tips’ to Save Itself and Customers Money
Domino’s Revives Carryout ‘Tips’ to Save Itself and Customers Money
December 12, 2022  |  Restaurant innovation

Domino’s is “tipping” self-pickup customers again to meet the cost-saving needs of business and consumer. The quick-service restaurant (QSR) chain, which has nearly 20,000 locations around...

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The Bank of London Sees Opportunities in ‘Playing It Safe’
The Bank of London Sees Opportunities in ‘Playing It Safe’
December 12, 2022  |  Digital-First Banking

If FTX’s collapse has taught us anything, it’s that stability is still highly relevant. As Shaunt Sarkissian, group chief markets officer at The Bank of...

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Grocers Turn to Retail Media to Supplement Consumer Revenue
Grocers Turn to Retail Media to Supplement Consumer Revenue
December 02, 2022  |  Innovation

This week in grocery, grocers tapped retail media, and a U.K. grocer tested robotic delivery. BJ’s Wholesale Club, for one, a membership-only warehouse club chain...

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Virtual X Kitchen CEO Tells Restaurants Not to Be Afraid of Raising Prices
Virtual X Kitchen CEO Tells Restaurants Not to Be Afraid of Raising Prices
December 02, 2022  |  Restaurant innovation

The fear of alienating customers may be keeping independent restaurants from increasing prices. As they struggle to balance the need to drive sales, to maintain...

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PepsiCo: Ghost Kitchens Need Better Menu Storytelling to Build Trust
PepsiCo: Ghost Kitchens Need Better Menu Storytelling to Build Trust
November 30, 2022  |  Restaurant innovation

Without physical spaces to establish trust, ghost kitchens must work harder to build customer relationships. In an interview with PYMNTS, André Moraes, senior director of...

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Chipotle Leverages Mobile Pickup to Skirt Drive-Thru Regulations
Chipotle Leverages Mobile Pickup to Skirt Drive-Thru Regulations
November 29, 2022  |  Restaurant innovation

By limiting the experience to mobile pickup, Chipotle is bringing its “Chipotlanes” to non-drive-thru locations. In an interview with PYMNTS, Chipotle Chief Development Officer Tabassum...

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Real-Time Payments Shape Commerce’s Next 3 Years of Evolution
Real-Time Payments Shape Commerce’s Next 3 Years of Evolution
November 29, 2022  |  Faster Payments

Three transformations will shape the trajectory of the global payments infrastructure business over the next three years, ACI Worldwide Chief Product Officer Debbie Guerra told...

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9 in 10 CFOs Focused on Payments Automation and Transformation
9 in 10 CFOs Focused on Payments Automation and Transformation
November 23, 2022  |  Accounts Payable

The benefits of streamlining and modernizing the payment experience through digital tools and forward-looking investments appear to have sunken in. New research shows nine out...

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ALDI Turns to Social Media to Boost Loyalty Program
ALDI Turns to Social Media to Boost Loyalty Program
November 23, 2022  |  Loyalty & Rewards

As grocers compete for shoppers’ loyalty across digital and physical channels, the bar for building relationships with customers is getting higher. Yet, a traditional rewards...

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