Restaurant innovation

Restaurant innovation
IHOP Announces Xbox Rewards as Restaurants Explore Cross-Brand Loyalty
August 23, 2022

As restaurants work to drive frequency and build brand affinity, many are looking to reward consumers with deals and perks that extend beyond their menus. IHOP, for one, the Glendale, California-based casual dining breakfast chain with more than 1,700 locations around the world, announced Monday...

Restaurant innovation
1 in 3 Restaurants Lowers Service Standard Amid Labor Challenges
August 19, 2022

As restaurants’ labor challenges continue, many are passing the burden onto consumers, offering a lower quality of service. 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...

Restaurant innovation
Restaurants Cast $13 Smoothies as Essential Health Purchases
August 19, 2022

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...

Restaurant innovation
Restaurant Roundup: QSRs Make Changes to Value Menus Amid Inflation
August 19, 2022

As inflationary challenges continue, restaurant brands are rethinking their value offerings, with some presenting new deals to woo price-conscious customers and others going the other direction, upping prices as ingredient costs rise. Get the Full Story Complete the form to unlock this article and enjoy...

Restaurant innovation
Qdoba Buyer Secures Additional $1B to Forge Farm-to-Table Supply Chain
August 16, 2022

As many major restaurant brands focus on optimizing their back-of-house operations or providing customers with the most frictionless ordering experience, one is taking a wider view. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Restaurant innovation
Back of House Goes Front Burner as Smart Kitchens Cook Up Better Restaurant Experiences
August 15, 2022

We collectively applaud the entire restaurant sector for staying open and innovating on the fly for over two years so that burrito arrives hot and on time. Now, it’s on to phase two. Get the Full Story Complete the form to unlock this article and...

Restaurant innovation
Olo CEO Says Restaurants Taking Longer to Make Digital Decisions
August 12, 2022

Olo’s stocks plummeted last week after the company lowered its revenue outlook for the rest of the year, and founder and CEO Noah Glass said part of the problem was that restaurants were taking longer to make decisions about adding new technology. Get the Full...

Restaurant innovation
Toast Sees 40% Increase in ResTech Locations, as Food Inflation Boosts Need for Efficiency Tools
August 11, 2022

Restaurant-based digital tech platform Toast said it saw a record increase in new location adds, as economic conditions push consumers and businesses to find new cost savings amid rising prices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Restaurant innovation
Whole Foods Co-Founder John Mackey Launching Restaurant, Wellness Chain
August 08, 2022

The co-founder of Whole Foods Market has plans to launch a series of vegetarian restaurants and wellness centers after retiring from the grocery chain next month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...