Thursday, March 2, 2023

Contactless Cards Dominate in UK | PYMNTS.com

Contactless card usage is firmly entrenched in the U.K. and goes as far back as 2007, when the popular OnePulse was launched.

In fact, recent data from Barclays , one of the country's biggest lenders, shows that the value of contactless payments spiked nearly 50% in 2022, with contactless spend averaging about £3,327 per user last year.

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Date: 2023-03-02T17:37:08-05:00
Twitter: @PYMNTS.com
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Costco Leverages Prepared Food to Drive Memberships | PYMNTS.com

Costco is drawing in customers amid inflation by meeting their demand for more affordable restaurant alternatives.

On a call with analysts Thursday (March 2) discussing the members-only warehouse chain's second quarter fiscal year 2023 financial results , the retailer shared how its fresh food assortment has helped engage members even as consumers scale back on purchasing big-ticket items.

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Date: 2023-03-02T18:44:28-05:00
Twitter: @PYMNTS.com
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70% of Brits plan to stick with own-label brands for cheaper prices - Grocery Gazette - Latest ...

Just over 70% of Brits plan to keep buying supermarket own-label products over big-name brands even if inflation starts to ease, a new report has found.

According to leading consumer research platform Attest’s new food & beverage trends report , 7 in 10 consumers have acquired a taste for supermarkets' own-label brands and have no intention of reverting to more premium labels.

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Publisher: Grocery Gazette - Latest Grocery Industry News
Date: 2023-03-02T12:12:32 00:00
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Produce Wholesaler Direct is thrilled to announce the opening of their new produce wholesale ...

US: Tops unveils $2.5mln renovated store in Upstate New York
Tops Friendly Markets  celebrated the grand reopening of its Tonawanda, New York, store following a $2.5mln renovation project.

US: Produce Wholesaler Direct is set to dominate the wholesale produce & fruit market
Produce Wholesaler Direct LLC is thrilled to announce the opening of their new produce wholesale business.

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Sainsbury's to close two depots, 1,400 jobs affected

E-commerce continues to grow in the EU
Online shopping continues to grow in the EU , as data from the latest annual survey on the use of ICT in households and by individuals shows.

SPAR Spain partner Fragadis grows its retail presence
SPAR Spain retailer Fragadis, operating in the East of Spain, identified and responded to a need for larger supermarkets in its territory. The retailer opened four EUROSPAR Supermarkets in 2022 and another EUROSPAR store on 1 February 2023.

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