food and beverages

Red Robin Sees Delivery Sales Fall After Axing MrBeast Burger

Red Robin Sees Delivery Sales Fall After Axing MrBeast Burger
Red Robin Sees Delivery Sales Fall After Axing MrBeast Burger
August 18, 2023  |  Delivery

Red Robin Gourmet Burgers is seeing delivery orders drop — a decrease in line with industry-wide trends but compounded by the restaurant’s turn away from...

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Cava Takes on Restaurant Industry Giants With Competitive Digital Infrastructure 
Cava Takes on Restaurant Industry Giants With Competitive Digital Infrastructure 
August 16, 2023  |  ResTech

Fast-casual restaurant Cava may still be a relatively small chain compared to industry giants, but with its investments into the digital space, the brand is...

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Bain to Buy Steakhouse Chain Fogo de Chão for $1.1 Billion
Bain to Buy Steakhouse Chain Fogo de Chão for $1.1 Billion
August 16, 2023  |  Partnerships

Bain Capital is set to acquire Brazilian steakhouse chain Fogo de Chão.  Current owner Rhone Capital announced the sale in a news release Tuesday (Aug....

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OTG Trades iPads for Mobile Ordering at Airport Eateries
OTG Trades iPads for Mobile Ordering at Airport Eateries
August 14, 2023  |  ResTech

Airport hospitality firm OTG Management is changing the way its customers order their meals. The company has begun phasing out the iPads used for orders...

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Chili’s Pulls Back Coupons and Raises Prices Despite Consumer Trade-Down
Chili’s Pulls Back Coupons and Raises Prices Despite Consumer Trade-Down
February 01, 2023  |  ResTech

Chili’s is raising prices, counting on loyal customers to step up as price-sensitive diners withdraw. The casual dining giant’s parent company Brinker International shared Wednesday...

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Restaurants’ Legacy Payment Processes Cost Revenue, Time and Clients
Restaurants’ Legacy Payment Processes Cost Revenue, Time and Clients
January 27, 2023  |  ResTech

With restaurants struggling to maintain profits, legacy B2B payment practices may drain revenue they can’t afford to lose. Although many restaurants have adopted consumer-facing innovations...

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Restaurants Refuse to Scrimp on Taste Even as Inflation Forces Cutbacks
Restaurants Refuse to Scrimp on Taste Even as Inflation Forces Cutbacks
January 23, 2023  |  ResTech

As restaurants seek to cut costs, PYMNTS data shows most prioritize maintaining food quality. A Word from Insiders Even the brands touting low menu prices...

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Inflation Puts Pressure on Ghost Kitchen Model
Inflation Puts Pressure on Ghost Kitchen Model
January 23, 2023  |  ResTech

After years of explosive growth, ghost kitchens face a reckoning as consumers seek cheaper alternatives. Throughout the pandemic, the delivery-only virtual brand model proliferated, and...

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