Restaurant innovation

Restaurant innovation
Wow Bao CEO Taps Grocery to Spread Brand Familiarity
August 21, 2023

As many restaurant chains move into grocery aisles amid consumers’ shift toward food at home, Asian street food chain Wow Bao is leveraging consumer packaged goods (CPG) to not only open up a new revenue stream but also to generate familiarity for its offerings. The brand announced via...

Restaurant innovation
Restaurants Have Opportunity to Boost Digital Engagement During Work Week
August 17, 2023

With many consumers ordering food online while at work, restaurants can target these customers’ workday needs to drive digital adoption. By the Numbers According to research from a new national PYMNTS study of more than 4,600 consumers for the “How We Will Pay” report, 85%...

Restaurant innovation
Chili’s Adds Virtual Brand to Core Menu to Combat Traffic Decline
August 16, 2023

With Chili’s seeing its customers pull back amid continued restaurant inflation, the chain is taking its virtual brand into the physical world to draw customers into stores. Casual dining group Brinker International, the parent company of Chili’s Grill & Bar, Maggiano’s Little Italy and two virtual brands, shared in its...

Restaurant innovation
MarginEdge Debuts B2B Mobile Pay for Restaurants
August 14, 2023

Restaurant management/bill payment platform MarginEdge wants to let customers make payments using their smartphones. The Virginia company announced the launch of its mobile bill payment platform in a news release Monday (Aug. 14), calling it part of a larger project by MarginEdge to let its clients enjoy “complete...

Restaurant innovation
Restaurant Brands International Continues Revamps as Burger King Sales Rise
August 08, 2023

Burger King’s owner is undertaking “high-quality remodels” of its restaurants following a successful quarter. Speaking during an earnings call Tuesday (Aug. 8), Restaurant Brands International (RBI) CEO Josh Kobza discussed the company’s $250 million “Royal Reset” program, which involves a mix of technological updates and...

Restaurant innovation
As on-Site Dining Dwindles, QSRs Pivot to Meet Customers at Home and in the Car 
August 07, 2023

Home is where the heart is — the car, too, at least when it comes to burgers and fries. To that end, as The Wall Street Journal reported Monday (Aug. 7) that dine-in customers at quick-service restaurants (QSR) are dwindling. Consumers are not exactly crowding...

Restaurant innovation
Fast Food Brands See Drastic Drop in Dine-In Orders
August 07, 2023

The typical McDonald’s dining area is a lonely place these days. The fast food giant hasn’t seen sales drop, but as The Wall Street Journal reported Monday (Aug. 7), most of those meals aren’t being eaten inside a McDonald’s. In fact, dine-in customers make up under 10% of visits...

Restaurant innovation
Rappi and R2 to Provide Loans to Restaurants in Mexico and Colombia
July 27, 2023

Rappi, a Latin American delivery app backed by SoftBank, is partnering with FinTech R2 to provide loans to restaurants in Mexico and Colombia. Restaurants selling via the app for at least three months will be eligible for these loans, which will be repaid through their sales on...

Restaurant innovation
McDonald’s Isn’t Grimacing at Its Social Media Sales Boost
July 27, 2023

McDonald’s is leveraging social media to bring younger consumers into the fold, following on the success of its “Grimace’s Birthday” push with more digital events. The quick-service restaurant (QSR) giant shared on a call with analysts Thursday (July 27), discussing its second-quarter 2023 earnings results, how...