In the ongoing battle for grocery shelf space, consumers are increasingly seeking value. Grocers are eager to meet this demand, while also capitalizing on the higher margins that come from their own private-label brands. As name brands vie for attention, the stakes are rising, with...
Ansa and Plaid are teaming up to lower payment costs for merchants and restaurants. The partnership between the digital wallet provider and the data network is designed to provide these businesses — particularly coffeeshops and quick-service eateries — with digital wallets to power “high-converting pay...
In 2023, U.S. retail sales surged to nearly $7.25 trillion, representing a third of all consumer spending. Dominating this market are two titans: Amazon and Walmart. A PYMNTS Intelligence report, “New Consumer Spend Data Finds Amazon Way Ahead of Walmart,” explores their ongoing competition, highlighting...
The latest data from the Bureau of Labor Statistics on Consumer Expenditures underscores what PYMNTS Intelligence has found for months: Food and shelter, among the most essential of all spending categories, are taking an outsized chunk of households’ paychecks — especially for lower-income consumers. The...
October 01, 2024
In 2023, U.S. retail sales surged to nearly $7.25 trillion, representing a third of all consumer spending. Dominating this market are two titans: Amazon and Walmart. A PYMNTS Intelligence report, “New Consumer Spend Data Finds Amazon Way Ahead of Walmart,” explores their ongoing competition, highlighting the shifting dynamics in their battle for consumer dollars. Amazon’s […]
September 25, 2024
The restaurant industry is undergoing a digital transformation. While the evolution is being driven by a growing demand by customers for seamless, efficient and personalized experiences, innovations in payment technologies...
September 17, 2024
Consumers are still spending, but the pace — at least as detailed in the latest retail sales report from the Census Bureau for August — is slowing. And for the...
September 17, 2024
The age-old pursuit of dinner used to be a game of chance — maybe you found a special spot down the street, or maybe you didn’t. James Roedding, head of...
October 08, 2024
Square’s new Orders platform is now generally available to sellers in the United States after being completed during the third quarter. The new order-based infrastructure is designed to help sellers complete a sale “anywhere and anyhow,” the provider of commerce solutions said in a Tuesday (Oct. 8) press release. The commerce platform’s payments and ordering capabilities […]
October 08, 2024
Ansa and Plaid are teaming up to lower payment costs for merchants and restaurants. The partnership between the digital wallet provider and the data network is designed to provide these...
July 31, 2024
Taco Bell will add AI voice technology to hundreds of its drive-thrus by year’s end. It’s part of parent Yum! Brands’ plans to integrate voice artificial intelligence (AI) to its...
July 30, 2024
Hospitality tech firm Blackbird Labs has launched a new payments product for restaurants. “Powered by Blackbird’s new blockchain, the Blackbird Flynet, Blackbird Pay gives restaurants a fresh way to address...
