Rewards

A cashback reward program is an incentive program operated by credit card companies where a percentage of the amount spent is paid back to the card holder.

(source: en.wikipedia.org)

Tesco Offers 90 Million Personalized Coupons to Maintain Customer Loyalty
Tesco Offers 90 Million Personalized Coupons to Maintain Customer Loyalty
April 13, 2023  |  Earnings

As inflation ate into Tesco’s profits, the grocer’s couponing efforts helped keep customers coming back. The British multinational grocery giant shared in its financial results...

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Smaller Retailers Without Rewards Programs Risk Losing Inflation-Weary Customers 
Smaller Retailers Without Rewards Programs Risk Losing Inflation-Weary Customers 
March 17, 2023  |  Loyalty & Rewards

Everyone loves a bargain, but small- and medium-sized business (SMB) retailers have been pulling back from promotional codes and rewards recently. As noted in proprietary...

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Fetch Rewards Cuts Staff as Consumers Cut Back on Spending
Fetch Rewards Cuts Staff as Consumers Cut Back on Spending
March 14, 2023  |  Loyalty & Rewards

As consumers cut back on spending due to macroeconomic challenges, Fetch Rewards, a Madison, Wisconsin-based startup that offers a centralized rewards points program for online...

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Credit Unions Partner With Prizeout to Offer Value-Added Gift Cards
Credit Unions Partner With Prizeout to Offer Value-Added Gift Cards
February 21, 2023  |  Credit Unions

Nine credit unions have partnered with Prizeout to offer their members value-added gift cards. With access to the Prizeout program, the credit unions’ members will...

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Chase Expanding Cashback and Interest Offerings in UK
Chase Expanding Cashback and Interest Offerings in UK
February 16, 2023  |  Banking

Chase is expanding its cashback and interest offerings in the United Kingdom. The bank said in a Thursday (Feb. 16) press release that its existing...

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ING Offers Belgian Customers Up to 11% Cash Back on Amazon Purchases
ING Offers Belgian Customers Up to 11% Cash Back on Amazon Purchases
February 13, 2023  |  Digital-First Banking

ING has teamed with Amazon to help Belgian customers get cash back on purchases. “Amid the current cost of living crisis, balancing household expenditure has perhaps never been...

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Chipotle Smartens Rewards With Personalized Perks to Prevent Inflationary Trade-Down
Chipotle Smartens Rewards With Personalized Perks to Prevent Inflationary Trade-Down
February 07, 2023  |  Restaurant innovation

With inflation-concerned consumers minding their restaurant spending, Chipotle is getting smarter with its rewards. The fast-casual giant, which has nearly 3,200 locations across five countries,...

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McDonald’s Leverages Rewards App to Mitigate Inflationary Trade-Down
McDonald’s Leverages Rewards App to Mitigate Inflationary Trade-Down
January 31, 2023  |  Earnings

As consumers remain concerned about inflation, McDonald’s is seeing smaller orders and a trade-down to grocery. The quick-service restaurant (QSR) giant noted on a call...

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Kroger Sees Brick-and-Mortar Shoppers Supplementing In-Store Experience with Digital Deals
Kroger Sees Brick-and-Mortar Shoppers Supplementing In-Store Experience with Digital Deals
January 30, 2023  |  Retail

Grocers can leverage digital to drive engagement even with grocery customers shopping in stores. In fact, many brick-and-mortar-only customers are turning to digital technologies to...

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