food and beverages

Inflation Reveals Generational Divide in Restaurant Spending Cuts
Inflation Reveals Generational Divide in Restaurant Spending Cuts
January 11, 2023  |  Economy

As economic pressures continue, consumers across demographics are making changes to their restaurant purchasing behaviors. The December edition of PYMNTS’ Restaurant Digital Divide study, The...

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Top-Rated Restaurant Noma to Shut Dining Room in Post-Pandemic Pivot
Top-Rated Restaurant Noma to Shut Dining Room in Post-Pandemic Pivot
January 10, 2023  |  Restaurant innovation

Noma shows that even the most successful restaurants’ courses have been forever altered by COVID-19. The three-Michelin-star establishment in Copenhagen, Denmark, which has many times...

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Restaurant Customers Prioritize Cost Savings Over Convenience Amid Inflation
Restaurant Customers Prioritize Cost Savings Over Convenience Amid Inflation
January 09, 2023  |  Delivery

As economic challenges persist, diners are becoming less willing to pay the premium for convenience. Take, for instance, drive-thru coffee chain Dutch Bros, which noted...

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Restaurants Split on Best Use for Rewards Programs Amid Inflation
Restaurants Split on Best Use for Rewards Programs Amid Inflation
December 21, 2022  |  Loyalty & Rewards

As prices rise, restaurant chains are taking very different approaches to their rewards programs. While some brands are pulling back their rewards to avoid further...

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Uber Leverages Its Platform to Out-do Grocery Delivery Competitors
Uber Leverages Its Platform to Out-do Grocery Delivery Competitors
December 20, 2022  |  Delivery

As Uber courts grocery delivery partners, its multi-vertical model is proving to be a competitive weapon. On Friday (Dec. 16), Uber Eats announced its latest...

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Study Finds Millennials Trade Food, Restaurant Quality to Keep Eating Out
Study Finds Millennials Trade Food, Restaurant Quality to Keep Eating Out
December 20, 2022  |  Restaurant innovation

The pandemic pushed many restaurants to reduce service or raise prices, which led many consumers to reduce their frequency of dining out. Baby boomers and...

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Technology in Restaurants Invoicing Unlocks Key Margin-Boosting Data
Technology in Restaurants Invoicing Unlocks Key Margin-Boosting Data
December 13, 2022  |  ResTech

Amid ongoing economic challenges, technology in restaurants’ line-item invoice data can help improve buying decisions. This, according to restaurant management software company MarginEdge, which automates...

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AI-Powered Freezing Tech Drives Innovation and Sales in Confectionery Industry
AI-Powered Freezing Tech Drives Innovation and Sales in Confectionery Industry
December 13, 2022  |  artificial intelligence

Companies like Unilever are driving innovation in the ice cream business. As part of the U.K. firm’s latest freezer innovation, artificial intelligence (AI) is helping...

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Kroger Teams With DoorDash for Flower Delivery as Grocers Diversify
Kroger Teams With DoorDash for Flower Delivery as Grocers Diversify
December 12, 2022  |  Delivery

Kroger is delivering flowers on demand via DoorDash in a bid to differentiate its offerings. The supermarket group announced Monday (Dec. 12) that, across its...

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