Autonomous delivery company Serve Robotics said Monday (Jan. 6) that it secured $86 million in new financing in December. The new capital brought the company’s total...
Food service technology company PAR Technology acquired Delaget, a restaurant analytics provider. The $132 million deal closed Tuesday (Dec. 31), according to a Thursday (Jan....
Square has launched a partnership with foodservice distributor Sysco to provide restaurants with better technology. The collaboration, announced Wednesday (Dec. 18), makes Square a Sysco...
Darden Restaurants’ sales climbed this quarter despite diners shying away from its fine-dining establishments. The company, owner of chains such as Olive Garden and LongHorn Steakhouse, released earnings Thursday (Dec....
Online business directory Yelp has debuted several new features, including AI-powered insights to its reviews. “This year has been marked by an accelerated pace of...
It’s a natural reflex, part of human nature: When the pressure’s on, we look to a solution. For consumers living paycheck to paycheck, the prospect...
Chain restaurant bankruptcies are reportedly at their highest level since the pandemic. Among the most recent examples is the casual dining franchise TGI Friday’s, one...
Uber is expanding its partnership with restaurant technology platform Toast. The new integration between Toast Delivery Services and Uber Direct lets U.S. restaurants save on delivery fees and expand...
For restaurants, there’s a funding gap, a chasm between gaining access to the capital they need to thrive and grow and the traditional channels offering...