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US Liquor Sales Rise, But Not Enough To Offset COVID-Related Global Revenue Decline

PYMNTS

billion) write-down as a result of a bigger-than-expected decline in sales, as demand for its range of alcoholic beverages has plummeted in nearly all markets. The write-down relates to Diageo’s businesses in India, Nigeria, Ethiopia and South Korea, as well as complications created by the worldwide COVID-19 pandemic, Reuters reported.

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Publix: 88 Years In Grocery And Looking To Grow

PYMNTS

A highly regional grocery store chain, it’s only known in the six states where it actually operates. In 2015, Safeway took over three Albertsons stores and poured $30 million in bringing the West Coast brand to Publix country. Dominance in its home market aside, Publix is looking to expand its footprint and menu of offerings.

Florida 105
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To Stop Scams, It’s Time to Add Sensible Friction to Easy Money

FICO

Since worries about regional bank struggles and an uncertain stock market are driving people with cash to look for safe havens and good interest rates, it pays to be very careful about security as well as who is behind the friendly new banking brand. in statistics, both from the University of South Carolina.

Fraud 52
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The Real Hunger Games: A Battle Royale In The Grocery Aisles

PYMNTS

Amazon/Whole Foods is the newest district in the Grocery Hunger games – the combination of two smaller efforts (Amazon Fresh and Whole Foods Market) made possible by Amazon’s $13.7 Grocery delivery : It’s now live in 24 markets in the U.S. District 1: Amazon/Whole Foods. billion acquisition about a year ago. Weaknesses.

Branding 101
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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

Telehealth technology is estimated to be a $43B market, according to CB Insights’ Industry Analyst Consensus. In March, the FDA eased restrictions related to marketing claims, allowing developers of remote patient monitoring devices to pitch their devices to hospitals. market by 2025 prior to the onset of Covid-19.

Industry 101