ResTech

Dynamic Pricing Proves ‘Very Meaningful’ for Struggling Restaurants
Dynamic Pricing Proves ‘Very Meaningful’ for Struggling Restaurants
March 10, 2024  |  ResTech

Wendy’s may have backed away from dynamic pricing, but many other eateries are moving ahead. The concept — raising and lowering prices depending on demand —...

READ MORE >
Smaller Restaurant Brands Adopt Digital Solutions
Smaller Restaurant Brands Adopt Digital Solutions
February 21, 2024  |  ResTech

Smaller restaurant brands are increasingly adopting digital solutions to optimize their operations. Restaurant technology provider Olo reported Wednesday (Feb. 21) that the “emerging enterprise segment,” which it...

READ MORE >
Worldline Debuts Food Services Payment Suite
Worldline Debuts Food Services Payment Suite
December 20, 2023  |  ResTech

Worldline has introduced a new payment solution designed to embrace the restaurant industry’s digital transformation. The French payments firm’s Food Service Payments Suite is designed...

READ MORE >
McDonald’s Taps Generative AI as Restaurants Turn to Automation
McDonald’s Taps Generative AI as Restaurants Turn to Automation
December 08, 2023  |  ResTech

McDonald’s is tapping Google Cloud’s generative artificial intelligence (AI) tools as restaurants increasingly integrate the technology into more parts of their business.  The quick-service restaurant...

READ MORE >
Presto Cuts 17% of Staff as Restaurant Customers Reject Impersonal Experiences
Presto Cuts 17% of Staff as Restaurant Customers Reject Impersonal Experiences
November 21, 2023  |  ResTech

As Presto sees declines in its on-premise technologies amid shifts in consumers’ digital dining expectations, the company is making major layoffs and reinvesting in its...

READ MORE >
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...

READ MORE >
Olo Q3: Item-Level Guest Data Collection Is Launchpad for 6x Card-Present Opportunity
Olo Q3: Item-Level Guest Data Collection Is Launchpad for 6x Card-Present Opportunity
November 06, 2023  |  Earnings

Olo executives told investors on the company’s third quarter 2023 earnings call on Monday (Nov. 6) that they anticipate card-present transactions to become a key growth...

READ MORE >
C3 CEO Says CPG-ification of Restaurants Drives ROI for Operators
C3 CEO Says CPG-ification of Restaurants Drives ROI for Operators
October 27, 2023  |  Restaurant innovation

As the restaurant industry increasingly shifts to omnichannel, virtual restaurant platform C3 is seizing on the opportunity to drive profitability by making quick-service restaurants (QSRs) menus...

READ MORE >
Customers Not Sold on Restaurant Tech
Customers Not Sold on Restaurant Tech
October 06, 2023  |  ResTech

As restaurants tap technology to weather their labor challenges, PYMNTS Intelligence suggests that consumers may be growing frustrated with the depersonalization of the experience. By...

READ MORE >