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 $166.30, is the highest point since Walmart’s inception on the New York Stock Exchange in 1972, CNBC reported Friday (Nov. 3). One...
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 Thursday (Aug. 24) press release emailed to PYMNTS. The move comes after the service’s success in the United Kingdom, where...
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 its audience by adding the ability to pay via Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT). At Dash...
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. With most of its $80 billion annual revenue coming from social media ad revenue, ByteDance has been testing its Douyin app,...
March 30, 2021
With the restaurant industry hit hard by the events of the last year and small and midsize businesses (SMBs) disproportionately bearing the brunt of these challenges, consumers and businesses alike are eager to show their support for small restaurants, however possible. For the former, this can mean dining at their favorite local eatery as soon […]
February 15, 2021
There are plenty of meal solutions out there to make home dining more convenient — microwave meals, meal kit subscription services, ready-to-cook meals from restaurants. However, with some exceptions, they...
June 12, 2020
It is difficult to think of an aspect of consumers’ lives that has not been thoroughly disrupted by the pandemic. There is one area where the changes are both profound...
April 01, 2020
The current COVID-19 crisis has trained a spotlight on what happens when the means of how we satisfy the most basic of needs – getting enough food to eat –...
February 11, 2024
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 a complementary reduction in prices. In a pre-Super Bowl video message posted to X Sunday (Feb. 11), Biden called on companies to end the practice, which he called a “rip-off.” […]
November 03, 2023
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 $166.30, is the highest point...
August 24, 2023
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 Thursday (Aug. 24) press release...
June 14, 2023
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. With most of its $80...