Innovation

Innovation in its modern meaning is "a new idea, creative thoughts, new imaginations in form of device or method". Innovation is often also viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs.

Source: en.wikipedia.org

Chipotle Rolls out ‘Extended Reality’ to Boost Burrito Bowl Sales

Chipotle Rolls out ‘Extended Reality’ to Boost Burrito Bowl Sales
Chipotle Rolls out ‘Extended Reality’ to Boost Burrito Bowl Sales
January 06, 2023  |  ResTech

As restaurants look to distinguish useful innovation from flashy technology, Chipotle is testing extended reality (XR). Get the Full Story Complete the form to unlock...

READ MORE >
L’Oréal, Perfect Use AI and Tech to Drive Makeup Makeover
L’Oréal, Perfect Use AI and Tech to Drive Makeup Makeover
January 04, 2023  |  Retail

Whether it’s for speed, convenience, precision or accessibility, the cosmetic industry is undergoing a major makeup makeover. Get the Full Story Complete the form to...

READ MORE >
The Top Four Ways Restaurant Aggregators Evolved in 2022
The Top Four Ways Restaurant Aggregators Evolved in 2022
December 30, 2022  |  Aggregators

Despite the economic challenges restaurant aggregators faced in 2022, the year nonetheless yielded many innovations. Get the Full Story Complete the form to unlock this...

READ MORE >
Christmas Tree Farm Finds Green in Digital Ordering and Delivery
Christmas Tree Farm Finds Green in Digital Ordering and Delivery
December 23, 2022  |  eCommerce

For most people, a Christmas tree is a bulky, perishable item that is best acquired locally. Get the Full Story Complete the form to unlock...

READ MORE >
Slipping Restaurant Sales Lead to Cost Cutting
Slipping Restaurant Sales Lead to Cost Cutting
December 22, 2022  |  Restaurant innovation

With lower restaurant sales, dining establishments may need to consider new cost-cutting strategies. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Merchants Face Steep Prep Ahead of New Credit Card Routing Rules
Merchants Face Steep Prep Ahead of New Credit Card Routing Rules
December 22, 2022  |  Credit Cards

Deadlines loom in the United States as credit network exclusivity is set to end next year. Get the Full Story Complete the form to unlock...

READ MORE >
Restaurant Menu Prices Drive Choice for Four in 10 Diners
Restaurant Menu Prices Drive Choice for Four in 10 Diners
December 20, 2022  |  Restaurant innovation

As restaurant menu prices rise, diners are seeking out more affordable options. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
Digital Transformation Shows Retail Store Payment Preferences Split by Geography
Digital Transformation Shows Retail Store Payment Preferences Split by Geography
December 16, 2022  |  Retail

New research found payment innovation is seen as increasingly critical to long-term retail store growth. Get the Full Story Complete the form to unlock this...

READ MORE >
Americans Hesitant to Break Up With Big US Banks
Americans Hesitant to Break Up With Big US Banks
December 16, 2022  |  Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >