May 26, 2023
Restaurant Operators Want Smarter Software to Simplify Payments Complexity
Today’s restaurants are challenged to be more productive than ever, and to meet those challenges, they need smarter workforce management solutions. In a conversation with PYMNTS’ Karen Webster, Tony Smith, co-founder...
May 25, 2023
Frozen Food Drives Sales at Discount Stores as Consumers Seek...
Consumers’ demand for more affordable quick meal solutions is sending them running to the freezer aisle, Dollar Tree CEO Rick Dreiling notes. On a call with analysts Thursday (May 25) discussing the...
May 25, 2023
Petco Gets Paws Deep on Pet Essentials
Whatever humans need, pets need. That’s the mindset Petco seems to understand when it comes to the pet parent that shops with the specialty retailer. While the retailer initially prioritized...
May 24, 2023
Fast-Casual Brands Prepare IPOs as Sector Bounces Back
With fast-casual chains’ stocks outperforming the restaurant industry, more brands, including Panera and Cava, are looking to capitalize on the industry’s recovery. Panera Brands, a group encompassing fast-casual bakery-café chain Panera Bread, Einstein Bros....
May 22, 2023
QSR Subscriptions Take a Bite out of Meal Kit Market...
Quick-service restaurants (QSRs) are finding new ways to take the need to make meals off consumers’ plates as they develop subscription models in direct challenge to meal kit providers. The...
May 17, 2023
Wendy’s and Pipedream to Pilot Underground Autonomous Robot System
Wendy’s plans to test delivering mobile orders with an underground autonomous robot system. The quick service restaurant (QSR) has partnered with “hyperlogistics company” Pipedream on a pilot program that will...
May 16, 2023
Restaurants Face Growing Pressure From Ready-to-Eat Meals
Working from home has become a fixture in the lives of many consumers and has resulted in consumers eating more meals at home. For nearly 100 million United States consumers,...
May 15, 2023
Getaround Acquires HyreCar to Strengthen Carsharing Business
Two carsharing companies are coming together as Getaround acquires HyreCar. With this transaction, HyreCar’s carsharing marketplace for ridesharing and food and package delivery services will be added to Getaround’s carsharing...
May 15, 2023
TGI Fridays Latest Chain Remaking Loyalty to Favor First-Party Ordering...
With recent research showing that consumers tend to order the same items from the same restaurants creating questions about the value of delivery aggregators, more restaurant chains are beefing up...