The Evolution Of Retail With Digital Ordering, Social Media

U.S. consumers are turning to technology to place food orders, and restaurants are looking to enhance the digital ordering experience. At the same time, solutions such as facial recognition, voice and virtual-only models are becoming more common in the restaurant landscape. And in retail, social media keeps evolving, and that progression can bring significant changes to the industry as the preferences of younger consumers continue to shift. All this, Today in Data.

Data:

450,000: Number of users social network Squad has gained since its launch earlier this year.

120 percent: Projected sales increase for QSRs that offer combined stored-value and loyalty cards.

79 percent: Share of consumers who use restaurant delivery services at least once per month.

15 percent: Estimated share of restaurant sales from dine-in purchases.

$4.99: Monthly fee for Dropout, a network that offers original programming and virtual watch parties.