Digital commerce firm NCR Voyix has launched a partnership with restaurant-focused software provider GRUBBRR. The collaboration, announced Thursday (May 16), has resulted in the Aloha Kiosk, designed to help restaurants cope with challenges such as increased wages and food costs. “Digital technologies like the interactive Aloha Kiosk by NCR Voyix...
Labor costs continue to weigh on restaurants, according to a new report by Square. The point-of-sale payments company’s Quarterly Restaurant Report, released Tuesday (May 14) notes that average hourly earnings for restaurant workers have risen by 66% since 2017 compared to 40% for retail workers. However, these costs...
Square has formed several new integrations and partnerships with organizations serving food and beverage (F&B) companies. The provider of commerce solutions also said that 45% of F&B sellers adopt a third-party solution within their first year of using Square, according to a Tuesday (May 14)...
Even as Main Street businesses outperform the rest of the economy, there’s a whole different set of rules for restaurants. For example, PYMNTS Intelligence found that over the last 12 months, Main Street businesses have operated with the lowest risk of closing since early 2020. A report from Fiserv went into...
McDonald’s is reportedly set to modernize its marketing strategy by launching a digital marketing fund to be paid into by its U.S. franchisees. The move aims to modernize the fast-food giant’s marketing approach, enhance its competitive advantage and strengthen its position in the digital business landscape, CNBC reported Thursday (May 9), citing an...
Square has introduced a tool to allow self-service ordering at fast food restaurants. Square Kiosk, announced Tuesday (May 7), is a combined software, hardware and payment solution designed to work in tandem with the company’s Square for Restaurants offering and larger broader ecosystem of banking, customer engagement...
Starbucks’ former CEO said the chain’s leaders need to spend more time at its stores. Howard Schultz made the argument on LinkedIn Sunday (May 5), days after the company reported its steepest drop in U.S. customer traffic in 14 years. To combat that problem, Schultz said, Starbucks’ leadership needs to focus...
Denis Montenaro, a regular McDonald’s diner, recently came to a decision. “I’m done with fast food,” the 75-year-old California resident told The Wall Street Journal (WSJ) in a report published Sunday (May 5). The reason? A visit to the Golden Arches that ended with Montenaro paying nearly $10...
Restaurant technology platform Toast has debuted digital storefront and marketing tools. Toast’s Digital Storefront Suite offers website and online ordering capabilities, while its Marketing Suite combines marketing tools and automation technology, according to a Monday (May 1) news release. “Together, the suites create a seamless...