food and beverage

Today in Restaurant and Grocery Tech: Amazon Takes on QSR Industry; Sweetgreen Beats Pricing Estimates 
Today in Restaurant and Grocery Tech: Amazon Takes on QSR Industry; Sweetgreen Beats Pricing Estimates 
November 18, 2021  |  ResTech

Today in restaurant and grocery tech news, Sweetgreen announces initial public offering (IPO) share pricing above its previous projections, and Amazon partners with Starbucks for...

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Starbucks Debuts Cashierless Café Powered By Amazon Go 
Starbucks Debuts Cashierless Café Powered By Amazon Go 
November 18, 2021  |  Retail

Global coffee chain Starbucks on Thursday (Nov. 18) cut the ribbon on its first location that utilizes a cashierless approach powered by Amazon Go, the...

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Sweetgreen Reveals Higher-Than-Expected IPO Pricing
Sweetgreen Reveals Higher-Than-Expected IPO Pricing
November 18, 2021  |  IPO

Sweetgreen Inc. has unveiled the price of its initial public offering (IPO), with the salad chain saying it would sell 13 million shares of Class...

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Cashierless Tech, Starbucks Deal Put Amazon in QSR Business
Cashierless Tech, Starbucks Deal Put Amazon in QSR Business
November 18, 2021  |  Amazon Innovations

The rumors are true: Amazon is making moves into the quick-service restaurant (QSR) space, partnering with Starbucks to bring its “Just Walk Out” frictionless checkout...

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Digital Drives Huge Gains in Target Grocery Sales
Digital Drives Huge Gains in Target Grocery Sales
November 17, 2021  |  Retail

With the strength of its eCommerce business, Target is quickly becoming a major player in grocery. Discussing its third-quarter 2021 financial results on Wednesday (Nov....

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On-Demand Alcohol Delivery Grows More Competitive, Despite Mutually Beneficial Relationship
On-Demand Alcohol Delivery Grows More Competitive, Despite Mutually Beneficial Relationship
November 16, 2021  |  Delivery

As competition for on-demand delivery of beer, wine and spirits heats up, Uber Eats is hitting the ground running with Drizly. In its first major...

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UK’s Deliveroo Signs Delivery Agreement With French Food Chain
UK’s Deliveroo Signs Delivery Agreement With French Food Chain
November 15, 2021  |  Delivery

The U.K. delivery service Deliveroo has formed an agreement with the French frozen food company Picard Groupe SAS to provide countrywide express deliveries. As Bloomberg...

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Food Delivery: A Joy For Diners, a Headache for Restaurants
Food Delivery: A Joy For Diners, a Headache for Restaurants
November 13, 2021  |  Delivery

The portion sizes may ebb and flow, but restaurant margins are as thin and unforgiving today as they were in the BC era (Before COVID)....

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Growth of Ghost Kitchens Threatened by Outdated Digital Payment Tech
Growth of Ghost Kitchens Threatened by Outdated Digital Payment Tech
November 11, 2021  |  Restaurant innovation

With the rise of digital ordering occasioned by the pandemic, ghost kitchens have gone from an enterprising new model to an industry mainstay in a...

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