Restaurants operators are being met with unprecedented economic fallout from the ongoing COVID-19 pandemic as they have been forced to get by on delivery and pickup order revenues. Full-service restaurants have been especially hard-hit due to closed dining areas and unpreparedness to quickly handle off-premises...
The COVID-19 pandemic is affecting industries around the world, but few have been hit as hard as restaurants. Social distancing and stay-at-home orders have resulted in restaurant traffic sinking by 70 percent in the last two weeks of March alone, forcing these eateries to generate...
Union Square Hospitality Group founder and CEO Danny Meyer said he doesn’t see reopening the dining rooms of his 19 restaurants located across New York City until after there is a vaccine for the coronavirus. Get the Full Story Complete the form to unlock this...
Consumers are conflicted about dining out these days, a fact quickly confirmed by PYMNTS most recent consumer survey. 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...
Global payments provider Fiserv has introduced a simple way to manage and fulfill online orders that promises to boost business, the Wisconsin-based company said in an announcement Monday (May 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Regardless of the many strides Americans have made as home cooks in the last two months or so, the data indicates a majority could really go for a restaurant meal. As of the last PYMNTS consumer survey, consumers really miss eating out. Get the Full Story...
Customer loyalty and FinTech Paytronix has secured $10 million in new funding led by Great Hill Partners and the company’s Co-founders Matt d’Arbeloff and Andrew Robbins. The new funds will help the firm service its restaurant, convenience store and grocery clients as the coronavirus pandemic...
The restaurant industry has been on a wild ride over the past six weeks, as stay-at-home orders have forcibly shut their doors and sent many scrambling toward digital channels – but successful players like Domino’s are already adapting. Get the Full Story Complete the form...
Along with yummy dishes, restaurants are also putting new tech investments on the menu as they re-engineer for post-pandemic business. Drive-thru dining, third-party delivery and other off-premise approaches to feeding America all look to heat up while COVID-19 cools down. Get the Full Story Complete...
