inflation

Ultrafast Grocery Sales Hit the Skids
Ultrafast Grocery Sales Hit the Skids
April 13, 2023  |  Delivery

This week in grocery, one ultrafast delivery service shutters while another becomes stronger than ever. Sydney, Australia-based 10-minute grocery delivery service MilkRun is shutting down,...

READ MORE >
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...

READ MORE >
Restaurant Inflation Finally Outpaces Grocery, Exacerbating Consumers’ Dining Anxieties
Restaurant Inflation Finally Outpaces Grocery, Exacerbating Consumers’ Dining Anxieties
April 13, 2023  |  Economy

Restaurant inflation is finally higher than grocery, which could worsen eateries’ existing challenges with customers. The latest data on record from the U.S. Bureau of...

READ MORE >
As the Subscription Bubble Bursts, Experts Advise Fast Pivot to Retention Strategies
As the Subscription Bubble Bursts, Experts Advise Fast Pivot to Retention Strategies
April 12, 2023  |  Subscriptions

The subscription bubble that formed during the pandemic is bursting in slow motion as consumers continue trimming their streaming entertainment and retail subscriptions one by...

READ MORE >
Main Street Retailers Rethink Their Inflation-Fighting Strategies 
Main Street Retailers Rethink Their Inflation-Fighting Strategies 
April 12, 2023  |  SMBs

Change is hard, especially when it comes to making money. However, the main method small- to medium-sized businesses (SMBs) have so far been using to fight off...

READ MORE >
Consumers Scrimp on Restaurant Meals to Stick to Their Budgets
Consumers Scrimp on Restaurant Meals to Stick to Their Budgets
April 12, 2023  |  Economy

The next installment of PYMNTS’ mini-series focused on consumer spending patterns takes a look at the restaurant sector. Restaurants can appreciate that diners haven’t entirely...

READ MORE >
Inflation Slows, but Consumers Still Grapple With High Cost of Everyday Essentials
Inflation Slows, but Consumers Still Grapple With High Cost of Everyday Essentials
April 12, 2023  |  Economy

The headlines show that inflation may be cooling, but for consumers bearing the brunt of sticker shock, the damage may have already been done. As...

READ MORE >
Gap Between Grocery and Retail Prices Widens As Consumers Expect Price Hikes
Gap Between Grocery and Retail Prices Widens As Consumers Expect Price Hikes
April 11, 2023  |  Economy

Retail inflation once far outpaced food inflation, but the trend has long since reversed. The latest data on record from the U.S. Bureau of Labor...

READ MORE >
Small Business Sentiment Dips Amid Borrowing and Hiring Troubles
Small Business Sentiment Dips Amid Borrowing and Hiring Troubles
April 11, 2023  |  SMBs

America’s small business owners are feeling fairly pessimistic about the future. The latest edition of the National Federation of Independent Businesses (NFIB) Small Business Optimism...

READ MORE >