food and beverage

Today in Restaurant and Grocery Tech: Toast Leverages B2B Payments; Presto Completes SPAC Merger

Today in Restaurant and Grocery Tech: Toast Leverages B2B Payments; Presto Completes SPAC Merger
Today in Restaurant and Grocery Tech: Toast Leverages B2B Payments; Presto Completes SPAC Merger
November 10, 2021  |  ResTech

Today in restaurant and grocery tech news: Olo aims to be the first pick technology provider for quick-service restaurants (QSRs), while Ahold Delhaize grows its...

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Shareholder Cat Rock Wants Just Eat Takeaway.com to Ditch Grubhub
Shareholder Cat Rock Wants Just Eat Takeaway.com to Ditch Grubhub
November 10, 2021  |  Delivery

Cat Rock Capital, one of Just Eat Takeaway.com’s (JET) biggest shareholders, advised the Dutch delivery firm to sell or spin off the U.S. platform Grubhub,...

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Presto Completes $1B SPAC Merger to Go Public
Presto Completes $1B SPAC Merger to Go Public
November 10, 2021  |  SPAC

Restaurant-technology startup Presto will have a valuation of about $1 billion when it goes public through special purpose acquisition company (SPAC) Ventoux CCM Acquisition Corp.,...

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Blue Apron’s Q3 Loss Widens as Consumers Seek Faster Dining Options
Blue Apron’s Q3 Loss Widens as Consumers Seek Faster Dining Options
November 09, 2021  |  Earnings

Despite seeing declining revenue and a deeper loss compound, Blue Apron maintains that the events of the past 20 months have precipitated a rise in...

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Consumers Seek Contactless Technologies for Live Event Concessions
Consumers Seek Contactless Technologies for Live Event Concessions
November 08, 2021  |  Digital Payments

Over the past 20 months, consumers have increasingly come to expect on-demand gratification and digital convenience when ordering food at home, and these expectations are...

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Restaurant Brands Can Leverage Digital-Only Items, Personalization to Gain Digital Customers
Restaurant Brands Can Leverage Digital-Only Items, Personalization to Gain Digital Customers
November 05, 2021  |  ResTech

Over the past couple of years, it has grown increasingly clear that if restaurants want to succeed going forward, they need to be able to...

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Today in Restaurant and Grocery Tech: On-Premise Digitization Is a Priority for Shake Shack, Applebees and Noodles & Co.
Today in Restaurant and Grocery Tech: On-Premise Digitization Is a Priority for Shake Shack, Applebees...
November 05, 2021  |  ResTech

Today in restaurant and grocery tech news: Shake Shack and Applebee’s benefit from enhanced in-restaurant technologies, while conversely, The Cheesecake Factory is building out its...

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Restaurant Roundup: The Cheesecake Factory Goes Omnichannel; Wingstop Shifts Away from On-Premise
Restaurant Roundup: The Cheesecake Factory Goes Omnichannel; Wingstop Shifts Away from On-Premise
November 05, 2021  |  ResTech

The Cheesecake Factory, known for its full-service dining experience, has been permanently changed by the rise in off-premise. The Calabasas, California-based chain, which operates over...

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