As direct-to-consumer food providers compete to become more relevant in consumers’ day-to-day lives, ButcherBox is expanding its reach into pet food, creating more occasions for its customers. The D2C meat and seafood brand launched its ButcherBox For Pets line Feb. 27. ButcherBox founder and CEO Mike Salguero discussed in an...
Digital commerce platform Lightspeed has a new CEO: its old CEO. Dax Dasilva, who founded the company in 2005 and served as its chief executive until February 2022, will return to serve as interim CEO, Lightspeed announced Thursday (Feb. 15). The appointment is an immediate one, the company...
As consumers increasingly turn to digital channels to feed their fur babies, General Mills is seeing in-store pet food sales take a dip, even as eCommerce continues to grow in the category. The food giant shared in prepared remarks accompanying its second-quarter fiscal 2024 earnings...
A false decline is a legitimate card transaction that is ultimately denied, either by a bank or a merchant because it is mistakenly considered a fraud attempt. The result is a consumer who abandons the shopping cart, which is finally translated into lost sales that...
December 12, 2023
Consumers are using social media to buy products, and apparel, beauty, and food and beverage are the three categories they shop the most. A total of 45.5% of consumers buy apparel on social media, followed by beauty products at 32.8% and food and beverage at 32.2%, according to “Tracking the Digital Payments Takeover: Monetizing Social […]
December 11, 2023
Physical commerce, via face-to-face, card-present payments, is largely a smooth experience, Swee-May Ngeow, vice president of North America client strategy and solutions at Visa, told PYMNTS in a recent interview....
November 29, 2023
In today’s digital-first economy, online shopping has become increasingly popular across various sectors. However, when it comes to online grocery shopping, there is a gender divide. The PYMNTS Intelligence study...
September 23, 2022
Ideas around using data insights to pinpoint what value and experience really mean to consumers as huge economic trends overlap are the obsession of brands, merchants and payments firms as...
February 15, 2024
Digital commerce platform Lightspeed has a new CEO: its old CEO. Dax Dasilva, who founded the company in 2005 and served as its chief executive until February 2022, will return to serve as interim CEO, Lightspeed announced Thursday (Feb. 15). The appointment is an immediate one, the company said in a news release, as CEO JP Chauvet is stepping down. […]
November 28, 2023
The Thanksgiving holiday weekend saw a record-breaking number of consumers engaging in shopping. Over the five days from Thanksgiving Day through Cyber Monday, 200.4 million shoppers participated, surpassing last year’s...
November 06, 2023
Composable commerce platform commercetools announced a collaboration with PayPal to offer a wider range of payment options for customers through the PayPal Braintree payment platform. This integration will allow commercetools’...
October 30, 2023
Marketing communications company Omnicom has acquired eCommerce firm Flywheel Digital for $835 million. The company says the net-cash purchase, announced Monday (Oct. 30), allows Omnicom to expand its footprint in...
