With the fourth quarter now underway, major players in the consumer packaged goods (CPG) industry are facing a landscape marked by challenges and opportunities. Companies such as Mondelez International, Kraft Heinz, Procter & Gamble and Colgate-Palmolive have released their latest earnings results, offering insights into...
Amazon SVP Worldwide Grocery Stores Tony Hoggett will be leaving the company. “After nearly three years at Amazon, it’s time for the next step in my career,” Hoggett wrote in a Friday post on LinkedIn. Amazon said in a Friday update posted on its website:...
As consumer habits change, payment preferences are becoming segmented based on shopping channels. A PYMNTS Intelligence Report, How People Pay: Debit Leads in Stores, Credit Leads Online, reveals a distinct divide: consumers favor debit cards for in-store purchases while credit cards dominate online transactions, particularly...
Keurig Dr Pepper (KDP) and The Coca-Cola Company are adapting to changing consumer preferences. KDP’s acquisition of Ghost underscores its strategy to expand into high-growth segments, particularly energy drinks. During KDP’s third-quarter earnings call Thursday (Oct. 24), CEO Tim Cofer noted the importance of innovation...
October 25, 2024
As consumer habits change, payment preferences are becoming segmented based on shopping channels. A PYMNTS Intelligence Report, How People Pay: Debit Leads in Stores, Credit Leads Online, reveals a distinct divide: consumers favor debit cards for in-store purchases while credit cards dominate online transactions, particularly in discretionary spending categories like travel. Contrasting Shopping Trends: In-Person […]
October 15, 2024
In Saudi Arabia, consumers love Click-and-Mortar™ shopping, which mixes the best of online and in-store experiences. More than half of the country’s shoppers prefer either digitally assisted in-store shopping...
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,...
September 16, 2024
On Tuesday (Sept. 17), we’ll find out if the July surge in consumer spending — as measured via unadjusted retail sales — has amounted to a blip or a trend....
November 04, 2024
Amazon has reportedly launched a partnership with Mexican grocery delivery startup Jüsto. As Bloomberg News reported Monday (Nov. 4), that collaboration will see Amazon offer Jüsto’s service on its Mexican eCommerce platform. Customers visiting Amazon’s Mexican site will be able to buy things like produce, meat and fish from Jüsto, which will handle deliveries. Ricardo […]
October 25, 2024
Amazon SVP Worldwide Grocery Stores Tony Hoggett will be leaving the company. “After nearly three years at Amazon, it’s time for the next step in my career,” Hoggett wrote in...
October 18, 2024
Lidl reportedly relaunched its brand to stand out among other budget grocers. The company — whose rivals in the United States include fellow German supermarket chain Aldi — introduced a...
October 18, 2024
Amazon is expanding its grocery reach with a new type of store. The company opened a store called “Amazon Grocery” within the same Chicago building that houses a Whole Foods...
