Restaurants

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Cava Sees IPO Success While Other Fast-Casuals Take Stock Market Hit

Cava Sees IPO Success While Other Fast-Casuals Take Stock Market Hit
Cava Sees IPO Success While Other Fast-Casuals Take Stock Market Hit
June 15, 2023  |  Markets

With the competitive environment for fast-casual chains looking for investors growing more crowded, other brands appear to be suffering from Cava’s success. Get the Full...

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Cava’s $318 Million IPO Haul Shows Industry’s Turn Toward Fast-Casual
Cava’s $318 Million IPO Haul Shows Industry’s Turn Toward Fast-Casual
June 15, 2023  |  IPO

Cava’s blockbuster initial public offering (IPO) comes as restaurant customers look to strike a balance between convenience and quality — the sweet spot for the...

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37% of Diners Use Social Media to Find New Dining Hot Spots
37% of Diners Use Social Media to Find New Dining Hot Spots
June 14, 2023  |  ResTech

As restaurants look to stay relevant in the ever-evolving social media landscape, their efforts are paying off, with PYMNTS data revealing that many restaurant customers...

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Netflix Steps Into Connected Experience Space With Pop-Up Restaurant
Netflix Steps Into Connected Experience Space With Pop-Up Restaurant
June 14, 2023  |  Commerce Connected

Netflix’s new pop-up eatery comes as brands leverage restaurants to create physical touchpoints to connect with consumers, either building on existing affinity or looking to...

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Sam Nazarian Reportedly Acquiring Nextbite as Delivery Takes a Hit
Sam Nazarian Reportedly Acquiring Nextbite as Delivery Takes a Hit
June 14, 2023  |  Partnerships

Hospitality mogul Sam Nazarian, CEO of nightclub and restaurant group SBE, is reportedly stepping up his ghost kitchen efforts even as consumers pull back on...

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Netflix Continues Live-Experience Push With Pop-Up Restaurant
Netflix Continues Live-Experience Push With Pop-Up Restaurant
June 14, 2023  |  ResTech

Have you ever watched “Iron Chef” and wanted to sample what the judges are eating? Get the Full Story Complete the form to unlock this...

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Aggregators Oppose NYC Driver Wage Increase, but Low Pay Threatens Retention
Aggregators Oppose NYC Driver Wage Increase, but Low Pay Threatens Retention
June 13, 2023  |  Aggregators

Restaurant aggregators may be against legislation to raise drivers’ pay, but without some kind of change to their gig workers’ pay structure, they struggle to...

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NYC Raises Food Delivery Driver Minimum Wage in Ongoing Aggregator Tug-O’-War 
NYC Raises Food Delivery Driver Minimum Wage in Ongoing Aggregator Tug-O’-War 
June 13, 2023  |  News

As aggregators, consumers, gig drivers and restaurants alike struggle to make the economics of on-demand food delivery work out in their favor, New York City...

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