QSRs

As Consumers Pause Spending in April, Is Summer Slowdown Looming for Merchants?
As Consumers Pause Spending in April, Is Summer Slowdown Looming for Merchants?
May 15, 2024  |  Economy

It remains to be seen if April will be the pause that refreshes or if consumers will pinch their wallets shut for a longer period, ushering in summer doldrums for...

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Square: Restaurant Worker Pay Jumps 66% in 7 Years
Square: Restaurant Worker Pay Jumps 66% in 7 Years
May 14, 2024  |  ResTech

Labor costs continue to weigh on restaurants, according to a new report by Square. The point-of-sale payments company’s Quarterly Restaurant Report, released Tuesday (May 14) notes...

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New Technology Puts Financial Improvements on the Menu for Restaurants
New Technology Puts Financial Improvements on the Menu for Restaurants
May 13, 2024  |  ResTech

Even as Main Street businesses outperform the rest of the economy, there’s a whole different set of rules for restaurants. For example, PYMNTS Intelligence found...

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McDonald’s Wants to Promote Value by Implementing $5 Meal Deal
McDonald’s Wants to Promote Value by Implementing $5 Meal Deal
May 10, 2024  |  Economy

McDonald’s is reportedly encouraging franchisees to vote to implement a $5 meal deal to bring back consumers who have left because of high prices. Franchisees — which...

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Report: McDonald’s to Launch Digital Marketing Fund, Add Ordering Channels
Report: McDonald’s to Launch Digital Marketing Fund, Add Ordering Channels
May 09, 2024  |  Restaurant innovation

McDonald’s is reportedly set to modernize its marketing strategy by launching a digital marketing fund to be paid into by its U.S. franchisees. The move aims to...

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Aggregators Supercharge Food Industries’ Digital Transformation in Connected Economy
Aggregators Supercharge Food Industries’ Digital Transformation in Connected Economy
May 08, 2024  |  Connected Economy

The connected economy is making strides via a partnership between Uber Eats and Instacart. The two companies announced Tuesday (May 7) that in the coming weeks, Instacart customers will be...

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Budget-Strapped Consumers Are Tired of Being Asked to Tip Self-Checkout Kiosks
Budget-Strapped Consumers Are Tired of Being Asked to Tip Self-Checkout Kiosks
May 07, 2024  |  Consumer Insights

For financially constrained consumers, the pressure to tip is verging on the ridiculous, with many customers even asked to add gratuity at self-checkout. By the...

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Starbucks Ex-CEO Urges Leaders to Return to Stores
Starbucks Ex-CEO Urges Leaders to Return to Stores
May 06, 2024  |  Restaurant innovation

Starbucks’ former CEO said the chain’s leaders need to spend more time at its stores. Howard Schultz made the argument on LinkedIn Sunday (May 5), days after the company reported its...

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Fast-Food Slowdown May Mean Steeper Promotions
Fast-Food Slowdown May Mean Steeper Promotions
May 02, 2024  |  Economy

It’s been a season of slowing sales for quick-service restaurants (QSRs). That could mean these fast-food brands have to launch greater promotions to attract cost-conscious diners, Reuters...

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