As small and medium-sized businesses (SMBs) on Main Street, USA increasingly make their offerings available online, many are looking to digital channels to expand to new areas, PYMNTS Intelligence findings reveal. By the Numbers The PYMNTS Intelligence study “Main Street Health Survey Q4 2023: eCommerce...
This week in restaurant news, TGI Fridays looks to boost on-premises sales, Del Taco opens its first drive-thru-only store and Panera Bread looks to manage costs with a streamlined menu. Casual dining bar and grill chain TGI Fridays, which has more than 650 restaurants across...
With recent research showing that consumers tend to order the same items from the same restaurants creating questions about the value of delivery aggregators, more restaurant chains are beefing up homegrown loyalty programs and creating direct relationships with diners. In “Connected Dining: Third-Party Restaurant Aggregators...
As restaurants look to boost their digital sales in 2022, some major brands are developing new restaurant formats with a focus on off-premise sales. For instance, at the 2022 ICR Conference this week, fast-casual chain Shake Shack discussed plans to try out drive-thru locations without...
December 05, 2024
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 of more than a dozen high-profile eateries to seek bankruptcy protection between January and October of this year, Bloomberg News reported Thursday (Dec. 5), citing BankruptcyData. According to the report, […]
April 24, 2020
Many large retail chains are wary of reopening even while some states move toward starting their economies again following closures due to COVID-19. TGI Fridays Inc., Gap Inc. and Macy’s...
September 03, 2019
The joint venture partners of TGI Friday’s in India have sold their shares to Singapore-based Universal Success Enterprises, Deal Street Asia reported on Tuesday (Sept. 3). Bistro Hospitality had a...
October 16, 2017
Facebook has officially announced a new feature allowing its U.S. users to order food from local restaurants through the Facebook app. According to TechCrunch, the social media giant has decided...
