The restaurant industry may have been significantly slower to digitize than retail — but today, the need for a strong eCommerce presence is a given for most eateries. Yet, given the rapid acceleration of online ordering adoption, restaurants did not have the time to take...
Today in restaurant and grocery tech news, Coca-Cola made its largest ever brand acquisition, and Burger King announced a loyalty partnership with Robinhood Crypto. Plus, Yair Holtzer, vice president of business development at Trigo, discusses the future of self-checkout. Get the Full Story Complete the...
As major quick service restaurant (QSR) chains look for ways to differentiate their rewards programs to drive loyalty in the face of steep competition, Burger King is taking a big swing. The Restaurant Brands International-owned chain announced Monday (Nov. 1) that, for three weeks, it...
Today in restaurant and grocery tech news, Starbucks’ CEO Kevin Johnson discusses the chain’s intentions to leverage brand partnerships to drive more value for loyalty program members, while South Korea’s online grocery startup Kurly estimates a $5.9 billion valuation following its summer 2022 initial public...
Robotic food delivery is becoming increasingly common. C3 by SBE, the Beverly Hills-based food tech company behind 40 virtual and physical restaurant brands, announced Thursday (Oct. 28) that it is partnering with delivery robot creator Coco for remote-controlled fulfillment. The partnership is meant to increase...
Today in restaurant and grocery tech news: McDonald’s partners with IBM for automated drive-thru voice ordering, and Yum! Brands looks to leverage digital technologies for smaller-footprint, off-premise-focused stores. Plus, PYMNTS research shows which restaurants are winning the mobile order-ahead game and which are falling behind....
After months of rapid innovation with Taco Bell store designs, the restaurant’s parent company, Yum! Brands, is looking to bring a similar approach to its other chains — KFC, Pizza Hut and The Habit Burger Grill. On a call with analysts on Thursday (Oct. 28)...
In the race to create the drive-thru of the future, McDonald’s just pulled ahead. The company announced on Wednesday (Oct. 27) that it is partnering with IBM to assist in developing and implementing automated order-taking (AOT) capabilities. Through the deal, IBM is acquiring the restaurant...
Today in restaurant and grocery tech news, McDonald’s aims to use its loyalty program to get to know the habits of an exponentially greater share of its customers, while Kraft Heinz’s shift to restaurant sales could spell trouble. Plus, PYMNTS data shows that restaurant customers...
