Restaurants

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Krispy Kreme and McDonald’s in Advanced Discussions on Expanded Partnership
Krispy Kreme and McDonald’s in Advanced Discussions on Expanded Partnership
November 09, 2023  |  Partnerships

Krispy Kreme is looking to expand its partnership with McDonald’s. “While nothing has been finalized, we are in advanced discussions about expanding the partnership and are making...

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High-Income Consumers Turn to Restaurant-Finding Apps While Traveling
High-Income Consumers Turn to Restaurant-Finding Apps While Traveling
November 08, 2023  |  Restaurant innovation

As restaurants look to reach tourists and travelers, PYMNTS Intelligence revealed that digital platforms can help them influence high-income diners. By the Numbers The latest...

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Delivery on the Rise as Consumers Look to Save Money
Delivery on the Rise as Consumers Look to Save Money
November 08, 2023  |  Delivery

Persistent high prices of raw materials and supply chain issues have led to sharp rises in operational costs, forcing restaurants to a generalized increase in...

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Toast Says Specialized Digital Products Key to Securing Bigger Restaurant Market Share
Toast Says Specialized Digital Products Key to Securing Bigger Restaurant Market Share
November 07, 2023  |  Earnings

Restaurant point of sale (POS) provider Toast has attributed its strong quarterly performance to location additions and balancing top-line growth while optimizing operational efficiency.  Third-quarter...

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Burger King Owner Sees Drive-Thru as a Hold Back to Digital Transformation
Burger King Owner Sees Drive-Thru as a Hold Back to Digital Transformation
November 03, 2023  |  Retail

As Restaurant Brands International (RBI) looks to reach 100% digital sales, the drive-thru channel remains a sticking point.  The quick-service restaurant (QSR) giant, which owns Burger...

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Starbucks Taps Additional Rewards Partnerships to Widen Loyalty Audience
Starbucks Taps Additional Rewards Partnerships to Widen Loyalty Audience
November 03, 2023  |  Loyalty & Rewards

Starbucks is adding two new rewards partners to grow loyalty engagement and reach new customers. The world’s largest restaurant chain by revenue shared in its...

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Wendy’s Sees $1.8 Billion Full-Year Digital Opportunity Amid Loyalty Growth
Wendy’s Sees $1.8 Billion Full-Year Digital Opportunity Amid Loyalty Growth
November 02, 2023  |  Earnings

Wendy’s is tapping loyalty offers and late-night delivery hours to drive digital engagement and in turn to boost sales overall. The quick-service restaurant (QSR) giant,...

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Starbucks Sees 75 Million Loyalty Customers as Economic Hedge
Starbucks Sees 75 Million Loyalty Customers as Economic Hedge
November 02, 2023  |  Earnings

As many restaurant brands feel consumers pull back among ongoing financial difficulties, Starbucks is leveraging its extensive digital user base to weather the storm. The...

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Panera Bread Cuts Corporate Staff Ahead of Parent Company’s Planned IPO
Panera Bread Cuts Corporate Staff Ahead of Parent Company’s Planned IPO
November 01, 2023  |  Personnel

Panera Bread is reportedly making significant changes to its corporate structure as its parent company Panera Brands prepares for an initial public offering (IPO). The...

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