food and beverages

Consumers Discount Inflation That ‘Meets’ Estimates as Post-Pandemic Housing, Food Costs Soar 25%
Consumers Discount Inflation That ‘Meets’ Estimates as Post-Pandemic Housing, Food Costs Soar 25%
November 13, 2024  |  Economy

Only time will tell if the slight bump in inflation — measured by the latest Consumer Price Index for October and released by the Bureau...

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AI Takes Over Taste Testing and Restaurant Analytics
AI Takes Over Taste Testing and Restaurant Analytics
November 12, 2024  |  Artificial Intelligence

New artificial intelligence (AI) tools are changing how restaurants analyze customer data, test food safety and even reproduce scents in laboratories. The technologies include a...

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Chipotle Names Interim CEO Scott Boatwright as CEO
Chipotle Names Interim CEO Scott Boatwright as CEO
November 11, 2024  |  Personnel

Chipotle has named Interim CEO Scott Boatwright as CEO and member of the board, effective immediately. Boatwright has served as interim CEO since Aug. 31, when former...

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Voice AI Orders Go Mainstream With QSRs Leading the Way
Voice AI Orders Go Mainstream With QSRs Leading the Way
November 08, 2024  |  Voice Activation

That robot voice taking your Taco Bell order isn’t just an experiment — it’s handled 2 million customer orders, showing how artificial intelligence (AI)-powered conversation...

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McDonald’s Says Geofencing Technology Helps Boost Customer Satisfaction
McDonald’s Says Geofencing Technology Helps Boost Customer Satisfaction
November 08, 2024  |  Restaurant innovation

McDonald’s reportedly improved customer satisfaction scores and reduced customer wait times by using geofencing technology to streamline the mobile ordering process. The quick-service restaurant (QSR)...

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Toast Says Payments, Lending Are Digital Recipe for Retention
Toast Says Payments, Lending Are Digital Recipe for Retention
November 08, 2024  |  Earnings

Digital transformation is serving up new efficiencies for the restaurant and hospitality sector. With razor-thin margins, shifting consumer tastes and an insatiable demand for convenience,...

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Square Makes Orders Platform Generally Available to Sellers in US
Square Makes Orders Platform Generally Available to Sellers in US
October 08, 2024  |  Payment Methods

Square’s new Orders platform is now generally available to sellers in the United States after being completed during the third quarter. The new order-based infrastructure...

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A Shelf Space Showdown: The Rise of Private Labels in Grocery Stores
A Shelf Space Showdown: The Rise of Private Labels in Grocery Stores
October 08, 2024  |  Retail

In the ongoing battle for grocery shelf space, consumers are increasingly seeking value. Grocers are eager to meet this demand, while also capitalizing on the...

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Plaid, Ansa Pay-By-Bank Partnership Targets Merchants and Restaurants
Plaid, Ansa Pay-By-Bank Partnership Targets Merchants and Restaurants
October 08, 2024  |  Payment Methods

Ansa and Plaid are teaming up to lower payment costs for merchants and restaurants. The partnership between the digital wallet provider and the data network...

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