Food Service news and trends

Nestlé Testing Pizza Vending Machines as Food Service Automates
Retail // August 15, 2023

As automation is increasingly taking over quick-service restaurant (QSR) occasions, it is not only restaurants looking to capitalize on the shift — Nestle’s frozen pizza brand DiGiorno is looking to get in on the action. The food giant is testing a pizza-making vending machine, selling...

DeliverThat CEO: On-Demand Economy Prompts Same-Day Catering Services
Delivery // April 18, 2023

With diners increasingly accustomed to getting individual meals on demand, catering is adapting as well. In an interview with PYMNTS, Darien Terrell, president and CEO of third-party catering delivery service DeliverThat, which works with a range of popular restaurant brands and ordering platforms, including Chick-fil-A,...

Notch Raises $10M to Help Restaurants Go Digital
Investments // January 19, 2023

Notch has raised $10 million in its efforts to help the hospitality sector go digital. The company, which makes software for the food service industry, announced the funding — led by investment platform Portage — in a news release Thursday (Jan. 18). It comes as...

PYMNTS Intelligence: New Technology Becomes Table Stakes as the Restaurant Industry Evolves
Restaurant innovation // November 14, 2022

The industry continues its rapid recovery after a swift tumble during the first years of the pandemic, as expressed by several different metrics. The food service industry is projected to hit $898 billion in sales this year, for example, and is expected to add 200,000 roles annually through 2030. This...

Quick Reads
Notch Raises $10M to Help Restaurants Go Digital

January 19, 2023
Notch has raised $10 million in its efforts to help the hospitality sector go digital. The company, which makes software for the food service industry, announced the funding — led by investment platform Portage — in a news release Thursday (Jan. 18). It comes as the restaurant industry is stepping up its efforts to drive […]

US Retail And Food Service Sales Jump A Record 17.7 Pct In May

June 16, 2020
U.S. retail and food services sales rebounded in May from April amid the pandemic, but they were still under levels seen in May  2019, according to the latest U.S. Census...

Retail And Food Service Sales Plummet 16 Pct. For April

May 15, 2020
Retail sales plummeted by a record 16.4 percent in April, according to the latest U.S. Census Bureau data, as many businesses are running on limited capacity or have fully stopped operations...

India’s FreshToHome eCommerce Startup Lands $20M To Expand

August 27, 2019
India-based eCommerce startup FreshToHome has raised $20 million in a new financing round to expand into other areas of the country. The Series B round was led by Iron Pillar, with...