When America’s fast-food giants report earnings in the coming days, it should be good news. It also could be the last good news these companies have for some time. That’s according to a report Sunday (April 23) by CNBC, which says investors expect strong results...
This week in restaurants, Nathan’s Famous taps ghost kitchens, and USHG launches new loyalty apps. Quick-service restaurant (QSR) chain Nathan’s Famous announced Wednesday (April 19) a partnership with virtual restaurant company Nextbite to enable other restaurants to prepare the brand’s foods from their kitchens, selling them for delivery online. “We think...
You never know exactly what will happen with PYMNTS’ Provider Ranking of Mobile Order Ahead apps, but you can bet there will be a certain amount of jostling. This edition is no different, as we can see as we run down the latest tabulations. The...
Wix says a new integration with Square will help restaurants streamline their ordering. The extended integration, announced Thursday (April 20), is designed to help eateries increase their revenue at a time when inflation anxiety is keeping consumers away from restaurants. According to a news release,...
Just as the restaurant industry rebuilt itself, economic uncertainty rose to rechallenge it. Amid inflation concerns and the ever-present threat of a recession, attracting and retaining customers is crucial to surviving the next downturn. PYMNTS’ data found that despite consumers’ overall drop in use of...
This week in restaurants, Subway gets closer to selling, and eateries’ sales and workforces grow. In quick-service restaurant (QSR) giant Subway’s reported ongoing effort to sell the company, 10 or more potential buyers are in the mix, as The Wall Street Journal (WSJ) said Thursday (April...
Following in Uber’s footsteps, Helbiz is leveraging its mobility platform’s audience to drive restaurant sales. Micromobility.com, the lightweight vehicle rental firm and retailer, announced Tuesday (April 11) that it is expanding its ghost kitchen business, Helbiz Kitchen, which began in Milan, Italy, to New York...
As restaurant technology companies look to offer end-to-end unified solutions, Olo is getting partners involved. The software-as-a-service (SaaS) company announced Tuesday (April 11) the launch of its Olo Connect program, a partner ecosystem that offers restaurant customers access to features from other tech providers such...
With Generation Z disproportionately turning to pickup channels, restaurants are challenged to refine their offerings. By the Numbers According to data from PYMNTS’ study, “Connected Dining: Rising Costs Push Consumers Toward Pickup,” which drew from a survey of more than 2,100 U.S. consumers in January,...