Fast-casual is the quickest-growing category in the restaurant sector, with studies finding that the segment is currently growing about 8% each year, compared to the quick-service restaurant (QSR) and full-service restaurant (FSR) markets, which are each growing around 5% annually. Get the Full Story Complete...
Today in restaurant and grocery tech news, Chipotle soups up its loyalty rewards and Walmart adds a 25-brand ghost kitchen in Rochester, New York. Plus, an update on the state of the restaurant industry. Get the Full Story Complete the form to unlock this article...
In 2021, the restaurant industry is faring much better than last year, but the rise of the delta variant threatens restaurants in the latter part of the year. On Tuesday (Aug. 31), the National Restaurant Association released its mid-year supplement to the 2021 State of...
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With the rise in COVID-19 cases, McDonald’s is turning its focus to its off-premises channels. New cases are up about tenfold from just two months ago, making indoor dining less safe and less appealing to many consumers. Noting this trend, McDonald’s corporate office is suggesting...
Bread lines. Soup kitchens. It’s happened before. What’s next — fast-food shortages? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
For quick-service restaurants (QSRs), the challenging labor market right now is not an obstacle for only corporate headquarters, but also for franchisees. Without full access to corporations ’ deep pockets, these franchisees — typically smaller companies or local business owners — are often forced to...
Automats are back. After opening its first location in New York City’s East Village in the spring and signing deals to expand along the East Coast, Brooklyn Dumpling Shop, an automat-style dumpling-focused quick-service restaurant (QSR), is heading south. The chain announced this week that it...
Fiserv, the parent company of the Clover point-of-sale (POS) and business management platform, and food delivery company Grubhub on Wednesday (Aug. 25), released a press statement announcing the integration of the companies’ platforms to help thousands of independent restaurants better fulfill online orders. Get the...
