subscriptions

The subscription business model is a business model in which a customer must pay a recurring price at regular intervals for access to a product. The model was pioneered by publishers of books and periodicals in the 17th century, and is now used by many businesses and websites.

Source: en.wikipedia.org

Walmart: Grocery Sales Grow Double Digits as Consumers Embrace Private-Label Brands
Walmart: Grocery Sales Grow Double Digits as Consumers Embrace Private-Label Brands
May 18, 2023  |  Earnings

For Walmart, fiscal first-quarter earnings got a lift as consumers flocked to the commerce giant to stock the fridge — and pivoted to less-expensive, private-label goods. The retailer said in...

READ MORE >
Subscription Merchants Say Easy Cancellation Helps Retain Customers
Subscription Merchants Say Easy Cancellation Helps Retain Customers
May 15, 2023  |  Subscriptions

Consumers love their retail subscriptions, but inflation has forced a wave of cancellations, and merchants need to use every tool at their disposal — including...

READ MORE >
Best Buy Adds More Affordable Paid Tier to Membership Offerings
Best Buy Adds More Affordable Paid Tier to Membership Offerings
May 11, 2023  |  Retail

Best Buy has modified its membership programs and added a more affordable paid tier. The electronics retailer now offers three tiers based on what it...

READ MORE >
GoodRx Q1 Monthly Active Users Down 5% YOY to 6.1 Million
GoodRx Q1 Monthly Active Users Down 5% YOY to 6.1 Million
May 10, 2023  |  Earnings

As digital prescription platform GoodRx moves to steady the ship in choppy waters by appointing former GoDaddy CEO Scott Wagner as interim CEO in April, its co-founders concede that...

READ MORE >
Sweetgreen Says Subscriptions Only Effective if They Reach Beyond Superfans 
Sweetgreen Says Subscriptions Only Effective if They Reach Beyond Superfans 
May 08, 2023  |  Subscriptions

As restaurants look to subscription commerce to drive loyalty, fast-casual salad and bowl chain Sweetgreen notes that the model is only effective if it can...

READ MORE >
Food and Beverage Subscriptions Struggle to Retain Members
Food and Beverage Subscriptions Struggle to Retain Members
May 05, 2023  |  Subscriptions

Food and beverage subscriptions see disproportionate churn relative to other industries as consumers rethink which recurring payments they really want or need and which they...

READ MORE >
Hy-Vee Launches Subscriptions as Grocers Rethink Pricing
Hy-Vee Launches Subscriptions as Grocers Rethink Pricing
May 05, 2023  |  Subscriptions

This week in grocery, Hy-Vee taps subscription commerce, Sprouts launches a retail media network, and Giant Eagle aims to hold its own against competition from...

READ MORE >
Economic Headwinds Force Hard Look at What Drives Customer Value, Says FlexPay COO
Economic Headwinds Force Hard Look at What Drives Customer Value, Says FlexPay COO
May 05, 2023  |  Payment Methods

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus...

READ MORE >
Peloton Readies for Rebrand and App Relaunch as Fitness Gear Treads New Channels
Peloton Readies for Rebrand and App Relaunch as Fitness Gear Treads New Channels
May 04, 2023  |  Fitness

Peloton is gearing up for a rebrand as the company continues enlarging its view of who its customers are and how they prefer to exercise,...

READ MORE >