Restaurant industry

Diners Haven’t Lost Appetite for Restaurants Despite High Prices
Diners Haven’t Lost Appetite for Restaurants Despite High Prices
March 09, 2025  |  Consumer Insights

By all rights, this should be a season of discontent for the restaurant industry. Among the pressures facing this sector: Icy temperature, concerns about prices,...

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Restaurant Bankruptcies Reportedly at Highest Level Since Pandemic
Restaurant Bankruptcies Reportedly at Highest Level Since Pandemic
December 05, 2024  |  Consumer Insights

Chain restaurant bankruptcies are reportedly at their highest level since the pandemic. Among the most recent examples is the casual dining franchise TGI Friday’s, one...

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Data-Driven Funding Fuels Restaurant Growth and Fills Tables
Data-Driven Funding Fuels Restaurant Growth and Fills Tables
December 03, 2024  |  SMBs

For restaurants, there’s a funding gap, a chasm between gaining access to the capital they need to thrive and grow and the traditional channels offering...

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SoundHound AI Expands Voice AI Ordering for Restaurants
SoundHound AI Expands Voice AI Ordering for Restaurants
June 20, 2024  |  Artificial Intelligence

SoundHound AI announced Tuesday (June 18) its acquisition of key assets from Allset, an online food ordering platform, in a move that bolsters the voice...

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Shake Shack’s Self-Service Kiosks Boost Profitability and Efficiency
Shake Shack’s Self-Service Kiosks Boost Profitability and Efficiency
November 06, 2023  |  ResTech

Shake Shack, the fast-casual restaurant chain, has had success with its use of kiosks. These self-service ordering stations have helped the company reduce labor hours...

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Chipotle and McDonald’s to Raise Prices in California After Minimum Wage Hike
Chipotle and McDonald’s to Raise Prices in California After Minimum Wage Hike
October 30, 2023  |  Retail

Chipotle Mexican Grill and McDonald’s plan to increase menu prices in California next year. The decision is a response to the state’s forthcoming minimum wage hike for fast-food...

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SoundHound AI and ChowNow Team on Responsive Restaurant Call Answering
SoundHound AI and ChowNow Team on Responsive Restaurant Call Answering
August 30, 2023  |  Artificial Intelligence

SoundHound AI, Inc., a leader in voice artificial intelligence, has joined forces with ChowNow, an online ordering and marketing platform for independent restaurants. This strategic partnership, announced Tuesday...

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Restaurant Industry Cuts Hours, and Consumers Take Note
Restaurant Industry Cuts Hours, and Consumers Take Note
December 28, 2022  |  ResTech

While diners are aware of price increases, they’ve also noticed reduced hours in the restaurant industry. By the Numbers This, according to the latest edition...

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Olo’s Noah Glass On Powering The $1.6 Trillion ‘Eats’ Ecosystem
Olo’s Noah Glass On Powering The $1.6 Trillion ‘Eats’ Ecosystem
May 17, 2021  |  ResTech

The restaurant industry is more digital than ever, as evidenced by Olo’s first earnings release since going public in March. The ordering platform reported 125 percent year-over-year...

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