American restaurant chains are seeing declining sales as consumers stay at home. As the Financial Times (FT) reported Saturday (Aug. 9) IHOP and Applebee’s parent Dine Brands, Sweetgreen, Wendy’s and Denny’s all cautioned during earnings calls last week that consumers’ reluctance to spend is hindering...
American Express is teaming with restaurant management software company Toast on a multi-year, hospitality-focused partnership. The collaboration, announced Tuesday (Aug. 5), is aimed at promoting more personalized dining experiences at restaurants using Toast’s technology along with the guestbook capabilities of Resy and Tock, both American Express...
Restaurant booking company OpenTable has introduced a new artificial intelligence (AI) assistant to make it easier for diners to get answers to common questions and help restaurants convert queries into bookings. Called Concierge, this feature gives diners information about restaurants, such as suggesting what to...
Toast has added an intelligence engine called ToastIQ to its cloud-based digital technology platform for restaurants. Powered by artificial intelligence (AI), data and insights, ToastIQ delivers prompts, recommendations and automated workflows designed to help restaurants drive more revenue, improve decisions, operate more efficiently and provide a...
Tesla is entering the dining business, preparing to open a drive-in restaurant in Los Angeles. This new location would allow diners to eat and watch movies on an outdoor screen while they charged their electric vehicles. But as the New York Times (NYT) reported Friday...
As goes Main Street, so goes the overall U.S. economy. By the numbers, roughly 99% of businesses in the U.S. are small businesses — and they account for about 44% of GDP. They employ half of the private sector workforce, and $1 out of every...
Guest transaction data is proving to be a valuable resource as restaurants grapple with rising costs and decreasing traffic, executives at restaurant technology provider Olo said Tuesday (Feb. 25). The company’s solutions have demonstrated this by helping restaurants generate guest transaction data and then use...
Square, Cash App and Visa partnered with New Orleans nonprofit organization Propeller to provide local food and beverage businesses with technology and support to help them succeed. The organizations teamed up to offer a first-of-its-kind event called “Feeding NOLA’s Future” and will continue with an...
Nestled at the corner of La Brea and Melrose in Los Angeles, Pink’s Hot Dogs is a beloved institution that has been serving up hot dogs and hamburgers since 1939. From its humble beginnings as a $50 pushcart to its modern status as an iconic...