Rappi, a Latin American delivery app backed by SoftBank, is partnering with FinTech R2 to provide loans to restaurants in Mexico and Colombia. Restaurants selling via the app for at least three months will be eligible for these loans, which will be repaid through their sales on...
McDonald’s is leveraging social media to bring younger consumers into the fold, following on the success of its “Grimace’s Birthday” push with more digital events. The quick-service restaurant (QSR) giant shared on a call with analysts Thursday (July 27), discussing its second-quarter 2023 earnings results, how...
As quick-service restaurants (QSRs) look to meet consumers’ growing demand for quick, convenient off-premises options, many are saving on real estate by shrinking on-site seating areas or losing their dining rooms altogether. Most recently, chicken chain Chick-fil-A, which has more than 2,800 restaurants across the...
With automation increasingly catching on in the restaurant industry, PYMNTS research finds that men are twice as likely as women to have any interest in visiting robo-restaurants. By the Numbers PYMNTS’ new exclusive report, “Connected Dining: The Robot Will Take Your Order Now,” which draws...
As ready-to-eat meal options gain share from restaurants, DIG has become the latest eatery to take an “If you can’t beat ’em, join ’em” approach. The New York-based fast-casual chain announced Tuesday (July 18) the launch of meal boxes, each featuring different entrée components and side...
“Would you like fries with that?” is a question you won’t hear at McDonald’s Australia’s new pop-up shop, a fries-only restaurant. This concept may be a gimmick, but as quick-service restaurants (QSRs) test increasingly limited and occasion-specific concepts, this may not be the last we...
Even as consumers become accustomed to placing restaurant orders online for delivery, PYMNTS research reveals that the majority continue to want to know that their food is coming from somewhere with a tangible, brick-and-mortar presence. By the Numbers Research from PYMNTS’ new exclusive study “Connected...
With restaurants crunched both by labor and food price challenges, P.F. Chang’s has become the latest restaurant to launch a happy hour deal to draw in deals-motivated consumers while shifting diners’ spending towards off-peak times. The casual dining chain, which has more than 300 restaurants...
As digital ordering has cemented its role in the years since 2020 as a key, permanent part of the restaurant industry, brands are being challenged to rethink their menus to meet the needs of the connected consumer. In an interview with PYMNTS following the release...
