article thumbnail

As QSRs Embrace Digital, PepsiCo Ups Its Innovation Game

PYMNTS

When it comes to innovation, go to the source. has joined the ranks of companies and brands setting up innovation labs. QSR Innovation. The PepsiCo innovation effort comes at a time of significant technology development in the world of restaurants, including quick service restaurants (QSRs). Stronger Ties.

article thumbnail

Retailers Show The Path Forward On AI Innovation

PYMNTS

Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. By using AI technology, the sportswear brand was able to offer suggestions to online shoppers. Take Adidas as another example of that trend.

Retail 184
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

More Retailers Are Checking Into Hotels In Search Of Innovation

PYMNTS

Sure, that might be a relatively brief stunt, but the hotel-retail trend has deeper pull than that, as documented recently by the Washington Post. Luxury fitness brand Equinox is set next month to open its first hotel in New York City, “with more on the horizon in Seattle, Houston, Chicago, Los Angeles and Santa Clara, Calif.,”

Retail 116
article thumbnail

Mars, Mondelez Say CPG Direct-To-Consumer Sales Need Constant Innovation

PYMNTS

The digital shift has been well-documented in many categories but arguably none have been as dramatic as the consumer packaged goods (CPG) category. As D2C results bring new revenue and customers and in turn spark further innovation, organizations can’t help but notice and then invest more, Ahluwalia said. “So CEO Brian Bogosian.

article thumbnail

The Power of Generative AI for Financial Services

Perficient

Generated output takes into account everything from brand voice and word and character length to fact verification, and includes up-to-date information. Boost operational efficiency and rapid scalability by effortlessly generating new documents using existing data and content with the help of AI-powered document creation.

article thumbnail

Yum And Its Pizza Hut, Taco Bell And KFC Brands Push Forward with QSR Tech

PYMNTS

Brands , moves that serve as a good reflection of overall trends in the quick service restaurant (QSR) space. Yum’s closer embrace of the new technology fueling QSR operations — a trend documented by the latest PYMNTS Restaurant Readiness Index — was underscored by Yum CEO Greg Creed during the post-earnings conference call.

Branding 122
article thumbnail

Retailers Find New Innovation Fuel Against Amazon

PYMNTS

In this case of retail innovation, that comes down to a former Snap executive taking on Amazon with the launch of a new eCommerce platform. Not only that, but “Verishop is launching with roughly 150 brands — and growing — already signed on.” The battle for Amazon retail supremacy also involves pets.

Retail 125