Today in restaurant and grocery tech news, Biden’s food stamp refresh spells good news for major online grocers, while Albertsons wages war against these category leaders. Plus, Lunchbox CEO Nabeel Alamgir talks making third-party marketplaces work in restaurants’ favor.
The Biden administration’s confirmed increase to the Supplemental Nutrition Assistance Program (SNAP) Electronic Benefit Transfer (EBT) could be good news for Walmart, which has already been seeing strong grocery sales in recent months. It could be even better news for Amazon, which can draw more grocery shoppers into its Amazon Prime program when the option is financially more feasible to more people.
Businesses and lawmakers alike are struggling to figure out how best to respond to the worsening COVID-19 situation. Andrew Robbins, co-founder and CEO at SaaS customer experience management (CXM) solutions provider Paytronix, spoke with Karen Webster about what the Delta variant means for restaurants.
As restaurants struggle to afford the costly third-party marketplaces necessary to reach today’s online diners, ordering engine Lunchbox has acquired Spread to create a commission-free platform. Lunchbox CEO Nabeel Alamgir speaks with PYMNTS about creating a more restaurant-friendly future.
Albertsons is getting a digital makeover. The grocery giant announced Monday (August 16) that it is overhauling its digital offerings with a new app, a new loyalty program and a new eGrocery subscription service.