Today in food commerce, Kroger sets up a restaurant supply business in Dallas, and Dave & Buster’s announces the acquisition of Main Event Entertainment, a 50-location indoor entertainment chain. Plus, Nick Scarpino, senior vice president of marketing and off-premise dining at Illinois-based fast-casual chain Portillo’s,...
Over the past couple of years, restaurant technology providers have emerged promising a wide range of solutions to restaurant operators to make day-to-day operations flow more smoothly while improving the customer experience. However, this piecemeal digitization has left many restaurants forced to spend valuable time...
Today in food commerce, a joke tweet from McDonald’s at Elon Musk presents unexpected consequences for cryptocurrency holders, and Gopuff teams up with major banks in advance of going public. Plus, Portillo’s speaks with PYMNTS about how the digital shift is transforming the brand’s restaurants....
Where in the early months of the restaurant industry’s digital shift, online and physical purchasing channels remained largely separate, today digital technologies are transforming restaurants’ physical spaces. The rise of online, off-premise ordering is prompting brands to unveil smaller concepts with less seating space and...
August 17, 2020
A growing number of quick-service restaurants (QSRs) are relying on third-party delivery services such as DoorDash, Grubhub and Postmates to quickly and conveniently deliver food to customers’ doorsteps. These services have helped many restaurants stay in business during the pandemic, but the surge in demand for food deliveries has resulted in a corresponding uptick in […]
October 13, 2021
Hot dog restaurant chain Portillo’s is planning to sell 20.27 million shares at a range of $17 to $20 each in an initial public offering (IPO) seeking to raise as much as $400 million at an estimated valuation of $1.4 billion, according to the company’ filing with the U.S. Securities and Exchange Commission (SEC). Backed by […]
