food and beverage

Chili’s Adds Virtual Brand to Core Menu to Combat Traffic Decline

Chili’s Adds Virtual Brand to Core Menu to Combat Traffic Decline
Chili’s Adds Virtual Brand to Core Menu to Combat Traffic Decline
August 16, 2023  |  ResTech

With Chili’s seeing its customers pull back amid continued restaurant inflation, the chain is taking its virtual brand into the physical world to draw customers into stores....

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Restaurant Visits Decline as Consumers Buy Ready-Made Meals Weekly
Restaurant Visits Decline as Consumers Buy Ready-Made Meals Weekly
August 16, 2023  |  Economy

Restaurant purchases have ebbed to their lowest levels in over a year as food prices continue to climb. Research carried out for PYMNTS’ “Connected Dining” report noted...

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Groceries a Focal Point for Walmart and Target Earnings for Different Reasons
Groceries a Focal Point for Walmart and Target Earnings for Different Reasons
August 14, 2023  |  Earnings

Earnings season is ending, but there remains a final wave of reports from retail behemoths to be parsed. We’ll see financial results from Target Wednesday (Aug. 16)...

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Brooklyn Dumpling Shop CEO: Inventory Management Key to Customer Loyalty
Brooklyn Dumpling Shop CEO: Inventory Management Key to Customer Loyalty
August 14, 2023  |  Loyalty & Rewards

As restaurants’ loyalty efforts become more important amid today’s macroeconomic pressures, inventory management technology can be key to customer retention. In an interview with PYMNTS, Stratis...

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‘Cookie Club’ Sees Strong Subscriber Retention Amid Inflation — but Not Acquisition
‘Cookie Club’ Sees Strong Subscriber Retention Amid Inflation — but Not Acquisition
August 11, 2023  |  Subscriptions

As direct-to-consumer (D2C) businesses look to woo budget-conscious shoppers with subscription deals, Taylor Chip Cookies’ “Cookie Club” is seeing loyalty remain strong, but reaching new customers...

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Cartwheel and Toast Partner to Optimize Delivery Operations for Restaurants
Cartwheel and Toast Partner to Optimize Delivery Operations for Restaurants
August 10, 2023  |  Delivery

On-demand delivery management platform Cartwheel has integrated with the Toast Partner Ecosystem. Through this integration, restaurants that use Cartwheel’s Hybrid Delivery technology and third-party fleet management capabilities will now be able to...

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Strong Performance in US and Europe Drives Ahold Delhaize Q2 Results
Strong Performance in US and Europe Drives Ahold Delhaize Q2 Results
August 09, 2023  |  Earnings

Netherlands-based multinational grocer Ahold Delhaize reported strong second-quarter 2023 earnings results, driven by growth in loyalty and online sales. The food retailer reported operating income of 904 million euros...

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Restaurant Brands International Continues Revamps as Burger King Sales Rise
Restaurant Brands International Continues Revamps as Burger King Sales Rise
August 08, 2023  |  ResTech

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...

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