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Fast-casual is the quickest-growing category in the restaurant sector, with studies finding that the segment is currently growing about 8% each year, compared to the quick-service restaurant (QSR) and full-service restaurant (FSR) markets, which are each growing around 5% annually. Get the Full Story Complete...
The pandemic winds on, but restaurants see their fortunes improving – enough so that owners and operators are cautiously optimistic about the near-term future. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
As automation sweeps across industries, restaurant businesses are taking note. Food delivery giant DoorDash acquired food robotics company Chowbotics earlier this year, Sweetgreen acquired robotic restaurant Spyce, and companies promising to automate labor-intensive kitchen processes are bringing in funds by the tens of millions. Where...
Today in restaurant and grocery tech news, Chipotle soups up its loyalty rewards and Walmart adds a 25-brand ghost kitchen in Rochester, New York. Plus, an update on the state of the restaurant industry. Get the Full Story Complete the form to unlock this article...
In 2021, the restaurant industry is faring much better than last year, but the rise of the delta variant threatens restaurants in the latter part of the year. On Tuesday (Aug. 31), the National Restaurant Association released its mid-year supplement to the 2021 State of...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
Today in restaurant and grocery tech news, Chicago sues major third-party delivery services for alleged deceptive practices, and McDonald’s suggests franchisees in high-transmission areas close their dining rooms. Plus, Drone Express CTO Beth Flippo discusses autonomous grocery delivery in the connected economy. Get the Full...
With the rise in COVID-19 cases, McDonald’s is turning its focus to its off-premises channels. New cases are up about tenfold from just two months ago, making indoor dining less safe and less appealing to many consumers. Noting this trend, McDonald’s corporate office is suggesting...
