September 01, 2023
Restaurants Rethink Their Channel Strategy Amid Ongoing Margin Pressure
This week in restaurant news, TGI Fridays looks to boost on-premises sales, Del Taco opens its first drive-thru-only store and Panera Bread looks to manage costs with a streamlined menu....
September 01, 2023
College Students Want More From The Dining Hall Than Food
As students return to college and university campuses for their fall semesters, PYMNTS research reveals that today’s young consumers demand more options than just traditional dining halls and convenience stores. ...
September 01, 2023
Cookin Aims to Shake up Food Delivery Rut With Homemade...
With consumers’ restaurant aggregator orders becoming routine, homemade meal delivery app Cookin seeks to bring discovery back into the experience, adding a personal touch. The app, which delivers meals from professional home...
August 28, 2023
When Restaurant Customers Want Control Over Timing, They Choose Pickup
For consumers with busy schedules who need a high degree of control over when they get their meals, restaurant pickup proves a more convenient solution than delivery. By the Numbers...
August 28, 2023
Walmart Secures Gordon Ramsay’s Frozen Food as Diners Seek Convenient...
Walmart’s deal to sell Gordon Ramsay’s frozen food line comes as grocers compete to meet consumers’ demand for more affordable alternatives to restaurant dining. In a move first reported by...
August 25, 2023
Restaurants Target Consumers’ Game Day Spend to Drive off-Premise Sales
This week in restaurants, Bojangles and Jersey Mike’s both leverage football season to boost off-premise sales, Walmart expands its in-supermarket restaurant selection, and fast-casual goes fancy. With the return of college football season, restaurant brands are...
August 24, 2023
Gen Z Scrimps on Food Quality Amid Restaurant Inflation
Across generations, consumers are loath to trade down to restaurants with lower-quality food, even as prices rise, but PYMNTS research finds that Gen Z is the most willing to compromise...
August 24, 2023
Petco Looks to Cost Savings to Strengthen Pet Care Business...
Pet health and wellness company Petco announced second-quarter 2023 earnings results on Thursday (Aug. 24), showcasing strong top line results and free cash flow despite navigating a shift in consumer spending and pressures on...
August 24, 2023
Subway Finds Buyer as Consumers Seek Budget-Friendly Restaurants
With inflation prompting many consumers to choose low-priced restaurants over more expensive alternatives, Subway has secured a buyer. The QSR giant, which has nearly 37,000 restaurants around the world, announced Thursday (Aug....