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Loyalty360 Reads: November 6 | BP Launches BPme Rewards Promotion, Holiday Flight Might Be Fuller Th

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BP Launches BPme Rewards Promotion
To kick off the holiday season, BP is offering new BPme Rewards members a special introductory offer for a one-time 50-cents-off-per-gallon discount on gasoline at BP and Amoco stations now through Feb. 2, 2021, the company said. This special discount is in addition to the ongoing discounts for BPme Rewards members.

“By providing quality fuels and an industry-leading rewards program, we’re keeping our customers at the heart of everything we do,” said Richard Harding, BP’s senior vice president of mobility and convenience for the Americas. “This holiday discount is our most extensive BPme offer yet, and we hope makes the holidays a little merrier for our customers.”
 
Holiday Flight Might Be Fuller Than You’d Expect, Thanks In Part To Pandemic Fatigue
Planning to fly somewhere for Thanksgiving or Christmas? The Chicago Sun-Times says your flights might be fuller than you’d expect during a pandemic. Airline after airline has reported encouraging holiday booking signs the past few weeks — a welcome boost during a year of devastating financial losses.

And airline executives appear confident ticket sales won’t dive like they did in early July amid an increase in cases of the coronavirus. Budget carrier Allegiant Air told investors the blows from COVID-19 spikes have decreased throughout the year, a trend reported by other airlines, including giant Southwest.

“Based both on what our customers are saying and what our customers are doing, we see a clear divergence in terms of their attitudes toward the pandemic and their intentions towards leisure air travel,’’ says Scott DeAngelo, Allegiant’s chief marketing officer. “Customers believe the situation may once again be getting worse, but their leisure travel activity or their travel booking intent remains largely unchanged.’’
 
Lenovo Profit Beats Expectations, Helped By Remote Working Trend
Reuter’s says that China’s Lenovo Group, the world’s biggest PC maker, posted a better-than-expected quarterly profit on Tuesday and said it is continuing to benefit from “new normal” remote working after COVID-19.

The Chinese giant said it set new records for group revenue, pre-tax income and net income, and all three key business groups delivered year-on-year growth for the first time in six quarters.

“Last quarter was what I would call a perfect quarter for Lenovo,” Chairman Yang Yuanqing told Reuters in a post-results interview. “I hope the current quarter could be even better.” he said.
 
PetSmart Abandons Plan Tied to Split from Chewy
PetSmart is putting a proposed recapitalization plan tied to its split from Chewy on hold after struggling to get investors interested, according to Bloomberg.

The $4.65 billion debt sale would have helped the big-box retailer finance its separation from online counterpart Chewy, Bloomberg reported last week.

A group led by private equity firm BC Partners, which acquired PetSmart in 2015, would have led the financing tied to the split. However, despite having established more favorable terms from BC Partners, “buyers were still uneasy with the core purpose of splitting the two companies,” Bloomberg reported.
 
Chicken, Pizza Popular With Consumers During Pandemic
Consumers stuck at home during the COVID-19 pandemic have increasingly chosen to order pizza and chicken from foodservice locations over other food options, WATT Poultry says.

“Pizza and chicken continue to impress,” Joe Pawlak, Managing Principal, Technomic said October 20 during Foodservice State of the Industry – Fall 2020 Update



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