August 10, 2023
Deliveroo Orders Drop, but Customers Up Spending by 10%
Deliveroo Plc, the British food delivery company, posted strong earnings on Thursday (Aug. 10) for the first half of 2023, even while total orders fell 6% as the company looks to...
August 09, 2023
Online Retailer Coupang Reports 10% Growth in Active Customers
Coupang Inc., the South Korean online retailer known for its early and one-day delivery, posted its fourth consecutive quarterly profit, driven by efficiencies in logistics and membership programs that bolstered margins....
August 08, 2023
Restaurant Brands International Continues Revamps as Burger King Sales Rise
Burger King’s owner is undertaking “high-quality remodels” of its restaurants following a successful quarter. Speaking during an earnings call Tuesday (Aug. 8), Restaurant Brands International (RBI) CEO Josh Kobza discussed...
August 07, 2023
As on-Site Dining Dwindles, QSRs Pivot to Meet Customers at...
Home is where the heart is — the car, too, at least when it comes to burgers and fries. To that end, as The Wall Street Journal reported Monday (Aug....
August 07, 2023
Fast Food Brands See Drastic Drop in Dine-In Orders
The typical McDonald’s dining area is a lonely place these days. The fast food giant hasn’t seen sales drop, but as The Wall Street Journal reported Monday (Aug. 7), most of those meals aren’t...
August 07, 2023
How the Fortunes of the Fortune 500 Have Changed Since...
The 69th annual Fortune 500 list was published earlier this summer, and most people paid it little mind. What was once considered a coveted benchmark for “making it” is now...
August 02, 2023
Toast Hopes to Tempt Restaurants With Catering and Events Platform
Toast is looking to move beyond its roots as a restaurant point-of-sale (POS) provider. The company debuted Toast Catering & Events, a new tool integrated with its POS to help...
August 01, 2023
Starbucks Taps Digital Menus to Personalize the In-Restaurant Experience
Building on its mobile loyalty app, Starbucks is looking to take its data-informed personalization into its physical stores with digital menu boards. On a call with analysts Tuesday (Aug. 1)...
August 01, 2023
Bloomin’ Brands CEO: Delivery Creates New Reasons to Buy —...
As casual dining brands look to drive sales across digital and physical channels, Bloomin’ Brands is finding that, while delivery may be incremental to the company’s core dine-in business, pickup...