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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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Uber Freight Rolls Out Platform For Shippers To Access Its Network

PYMNTS

In August, the company announced it was expanding Uber Freight into new markets across the country, as well as introducing personalized load matching.

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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. It didn’t work out so well, noted Jeff Green, a partner at retail real estate firm Hoffman Strategy Group. 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 online grocery sales since 2017, the largest share of any single retailer and double its closest competitor. District 1: Amazon/Whole Foods.

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

CB Insights

Retail: Shopping goes even more online as grocery joins the e-commerce revolution. Telehealth technology is estimated to be a $43B market, according to CB Insights’ Industry Analyst Consensus. Video conferencing is expected to account for 50% of the remote work market over the next five years, up from 10-15% currently.

Industry 101
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Massachusetts: Frozen Growth In The Frozen North

PYMNTS

And nowhere in the region are these qualities more on display than in Massachusetts, the state that both brought us the phrase “Boston Strong” and countless memes of people barbecuing during blizzards. The overall region was up 2.3 Du n bar has been at the market for the last 50 years. By The Store Front Numbers.