inflation

Inflation Prompts Renewed Focus on Restaurant Technology
Inflation Prompts Renewed Focus on Restaurant Technology
February 27, 2023  |  ResTech

As food prices rise, restaurants are being challenged to digitize or face mounting costs. In an interview with PYMNTS, Tim McLaughlin, CEO of Arlington, Virginia-based...

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Why the Amazon-Walmart Retail Battle Won’t Be Fought in the Grocery Aisle
Why the Amazon-Walmart Retail Battle Won’t Be Fought in the Grocery Aisle
February 27, 2023  |  Retail

Groceries, and how and where consumers buy them, is almost as topical as generative AI these days. Food inflation remains stubbornly high, and nearly all...

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Supply Chain Woes Ease but Inflationary Pressures Remain
Supply Chain Woes Ease but Inflationary Pressures Remain
February 26, 2023  |  Supply Chain

Supply chains may be healing, but the pressure they put on inflation remains. As Bloomberg News reported Sunday (Feb. 26), shipping costs have come down...

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Food and Energy Inflation Data Hint at Disposable Income Pressure
Food and Energy Inflation Data Hint at Disposable Income Pressure
February 24, 2023  |  Economy

Inflation is making paying for basics of everyday life — food especially — harder to swallow. Earlier this week, PYMNTS reported that the cost of essentials...

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Hostess CEO Says Stressed Millennials Turn to Twinkies
Hostess CEO Says Stressed Millennials Turn to Twinkies
February 24, 2023  |  Earnings

Nostalgic snack brands are benefitting from millennials’ turn to comfort foods amid inflation. Snack company Hostess Brands, for instance, best known for its Twinkies among...

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Wish Seeks Escalation of Fast-Fashion Wars Amid Q4 Pummeling
Wish Seeks Escalation of Fast-Fashion Wars Amid Q4 Pummeling
February 24, 2023  |  Retail

Fast-fashion eCommerce marketplaces including Wish, Shein and relative newcomer Temu are reeling as inflation presses down and consumer buying behavior shifts, creating a drag on...

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Carter’s ‘Very Conservative’ on Inventory as Inflation Slams Families
Carter’s ‘Very Conservative’ on Inventory as Inflation Slams Families
February 24, 2023  |  Retail

Sellers of children’s clothing are reducing their inventories as parents grow cautious in their spending. Young children’s apparel marketer Carter’s said in a Friday (Feb....

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BigCommerce Shifts From Growth to Profitability as Interest Rates Rise
BigCommerce Shifts From Growth to Profitability as Interest Rates Rise
February 24, 2023  |  Retail

BigCommerce expects inflation and interest rates to slow its revenue growth this year. The Software-as-a-Service (SaaS) eCommerce platform said in a Thursday (Feb. 23) earnings...

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Most Consumers Drop Delivery for Pickup When Ordering Food
Most Consumers Drop Delivery for Pickup When Ordering Food
February 24, 2023  |  Restaurant innovation

Restaurant costs are rising, and consumers are craving solutions. The answer for many consumers trades effort for cost. Nearly half of restaurant customers opt for...

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