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...
Traditional brick-and-mortar pet supply stores may want to watch their backs, as digitally native players keep consumers at home with subscription options. By the Numbers The PYMNTS Intelligence report “The Replenish Economy: A Household Supply Deep Dive” drew from a survey of more than 2,000...
As direct-to-consumer brands look to drive customer acquisition, high earners are their best customers. By the Numbers The PYMNTS Intelligence report “The Online Features Driving Consumers to Shop With Brands, Retailers or Marketplaces” drew from a survey of more than 3,500 U.S. consumers in October...
The rise of digital retail subscriptions has provided consumers with convenience such as scheduled deliveries of regularly used items, eliminating the need for frequent trips to physical stores. Millennials are at the forefront of this trend, with 39% of them relying on subscriptions for most...
January 26, 2024
The rise of digital retail subscriptions has provided consumers with convenience such as scheduled deliveries of regularly used items, eliminating the need for frequent trips to physical stores. Millennials are at the forefront of this trend, with 39% of them relying on subscriptions for most or all of their shopping needs. This generation values convenience […]
April 18, 2023
Consumers are cutting back on their product subscriptions, with many rethinking their food purchasing. By the Numbers Research from PYMNTS’ new study, “Subscription Commerce Readiness Report: Bridging the Gap Between...
May 15, 2020
A growing share of consumers are seeking comfort and convenience in subscription services as they remain at home to curb the spread of the COVID-19 virus. Some subscription businesses such...
January 09, 2018
Burp. That’s the sound of VC backing slowly away from the table of meal kits, heaped and groaning under the weight of dozens and dozens of players. Here’s why plenty...
March 08, 2024
Meal-kit company HelloFresh saw its stock plummet Friday (March 8) in its largest single-day decline since debuting on the market in 2017. The company’s shares dropped to a low of 6.13 euros (about $6.71), marking a record 48% slump, Bloomberg reported Friday. Once celebrated as a beacon of convenience and innovation during the COVID-19 pandemic lockdowns, HelloFresh has seen […]
November 01, 2021
Meal-kit delivery firm HelloFresh has raised its sales growth expectations and adjusted its core profit margin target to 10.25%, up from an original goal of 8.25%, Reuters wrote Monday (Nov....
April 01, 2021
Mastercard has announced new partnerships with DoorDash and HelloFresh for its World and World Elite cardholders. The credit card company said Thursday the offerings are in response to “consumers’ desire...
November 23, 2020
Meal kit provider HelloFresh has acquired Factor75, a fellow company also providing meal kits, for as much as $277 million, a press release says. The press release says the total...
