Restaurant innovation

Restaurant innovation
16 Percent of Restaurant Customers Will Spend More If They’re Rewarded More
August 03, 2021

The 2021 edition of the Restaurant Readiness Index, a PYMNTS and Paytronix collaboration, surveyed over 500 managers of quick-service restaurants (QSRs) and full-service restaurants from across the U.S. in Q2 2021 to discern the evolution of mobile order-ahead (MOA) trends, as part of a larger...

Restaurant innovation
New Data: Average Quick Service Restaurant Now Takes Up To 75 Pct Of Orders Remotely
August 03, 2021

Necessity, as we’ve often heard, is the mother of invention, although one could exchange “innovation” for “invention” and the point is made just as well. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Restaurant innovation
Coffee On The Go Is Coming Back, Say Major F&B Brands
July 30, 2021

Coffee on the go is coming back. This week, Starbucks, Nestlé, Keurig Dr Pepper, and Restaurant Brands International (RBI) all reported that coffee away-from-home purchases were on the rise in their most recent quarter, even as at-home sales remained flat or elevated. This may be...

Restaurant innovation
NEW DATA: Two-Thirds Of Consumers Find Restaurant Rewards Impersonal
July 28, 2021

The 12th edition of Delivering On Restaurant Rewards, a PYMNTS and Paytronix collaboration, explores how consumers are using various channels to place their food orders and how they want to interact with restaurants’ loyalty programs. This report provides actionable insights into the importance of offering...

Restaurant innovation
Restaurants Now Do 70 Pct Of Sales Online And On Phone, PYMNTS Data Show
July 26, 2021

The restaurant business may never be the same as it was before COVID, but that doesn’t mean it will be smaller, it means it will be different. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Restaurant innovation
McDonald’s Focuses On Rewards, Digital Initiatives With New Business Unit
July 26, 2021

McDonald’s Corp. is putting all of its collective fries in one basket as it looks to spur the growth of its international app and newly minted MyMcDonald’s Rewards program, according to a report on Monday (July 26). The company will house its digital, data analytics,...

Restaurant innovation
NEW REPORT: QSRs’ Lagging Loyalty-Reward Investment Hurts Innovation And Sales
July 23, 2021

The 2021 edition of the Restaurant Readiness Index, a PYMNTS and Paytronix collaboration, takes a close look at how the past 16 months have fundamentally changed the way that restaurants engage with their customers.

Restaurant innovation
Food Tech Platform C3 Questions The Long-Term Viability Of Legacy Restaurants
July 21, 2021

As food tech platforms look to parlay the rapid growth experienced during the pandemic into long-term viability, many are rethinking the physical space. C3, for one, announced an $80 million investment earlier this month to grow its global presence and build out its technology, following...

Restaurant innovation
Panera Adds Work-From-Home Options As Catering Companies Adapt To Hybrid Work Routines
July 19, 2021

In many ways, life looks as if it’s back to normal throughout much of the United States. Restaurants have reopened, live events are back and people are reconnecting with friends and family. However, there are many parts of consumers’ lives that may never return to...