Year-over-year grocery inflation may have slowed from its peak, but name brands continue to face competition from lower-priced private-label options, according to snacking giant Utz. The food company, which spans many popular brands including its self-titled line, Zapp’s, Bachman and others, shared on a call...
Today in food commerce, Indian food delivery giant Swiggy raises $700 million, while Latin American grocery delivery startup Calii brings in $23 million. Plus, PYMNTS research reveals that grocers’ price increases could send shoppers running right into the arms of competitors. Indian Food Delivery Giant...
The snack maker Utz announced Monday (Jan. 24) it will acquire two of its New York City-based distributors. The Pennsylvania chip and pretzel maker said it had signed an agreement to acquire the assets of Clem Snacks, Inc, based in Brooklyn and servicing around 100...
Labor Day weekend is here, bring us some welcome respite from a long summer. The PYMNTS Weekender has all the latest reading material on payments and commerce news you’ll need for the long weekend. We dive into PayPal’s installment options, consumer trust in digital banking,...
January 24, 2022
The snack maker Utz announced Monday (Jan. 24) it will acquire two of its New York City-based distributors. The Pennsylvania chip and pretzel maker said it had signed an agreement to acquire the assets of Clem Snacks, Inc, based in Brooklyn and servicing around 100 stores in the city and Long Island, and J&D Snacks, […]