Today in restaurant and grocery tech news, Starbucks may be struggling more than it would first appear, and grocers contend with the benefits and drawbacks of Instacart. Plus, PYMNTS research reveals Main Street restaurants struggling to recover to 2019 levels. Get the Full Story Complete...
While many businesses are getting back on their feet after the devastating events of 2020, Main Streets’ restaurants are struggling. PYMNTS’ December 2021 Main Street Index study, created in collaboration with Melio, which looks at growth in new establishments, real wages and employment across America’s...
Starbucks’ digital leadership may not be enough to offset the difficulties the chain faces. The coffee giant is on track for its worst year from an investing standpoint since 2017, CNBC reported Wednesday (Dec. 8). Todd Gordon, founder of Inside Edge Capital Management, told the...
Online grocery is getting faster and faster. Throughout 2021, ultrafast grocery startups have been popping up all over the world, and in early December, delivery giant DoorDash made its first move into the space with the announcement of its own 10-15 minute grocery and convenience...
Today in restaurant and grocery tech news, ResTech company Presto announced a partnership with robotics startup Ottonomy to automate curbside delivery, and Jet founder Marc Lore revealed plans for a new food technology company. Plus, Madeline Aufseeser, omnichannel grocery and drugstores leader at ACI Worldwide,...
Entrepreneur Marc Lore is joining forces with Scott Hilton, Walmart’s former chief revenue officer on Wonder Group, an eCommerce platform that will bring together the best elements of food trucks, ghost kitchens and fast food delivery, he wrote in a LinkedIn post on Tuesday (Dec....
With the challenges of today’s restaurant labor market stretching indefinitely into the future, businesses are looking to automate more stages of the process. While restaurants have been experimenting with autonomous home delivery for years, Redwood City, California-based restaurant technology company Presto, which creates touch, vision...
GrubTech, an all-in-one operating system for restaurants and cloud kitchens, announced on Monday (Dec. 6) it had raised $13 million in a Series A funding round led by Addition, with participation by Ventures and Hambro Perks Oryx Fund. Get the Full Story Complete the form...
Today in restaurant and grocery tech news, DoorDash launches ultrafast delivery in New York City, and Jack in the Box acquires Del Taco. Plus, Chipotle is innovating to meet consumers in more digital and physical spaces, removing friction from the purchasing experience. Get the Full...
