Consumers are spending less at restaurants as menu prices remain high. And as Seeking Alpha reported Saturday (June 22), it’s a situation that’s left some eateries embracing creative promotions to entice their customers. The report focuses on three brands: Chipotle, Starbucks and McDonald’s, the last...
As Presto sees declines in its on-premise technologies amid shifts in consumers’ digital dining expectations, the company is making major layoffs and reinvesting in its self-service capabilities. Specifically, the restaurant technology firm announced Friday (Nov. 17) that it is reducing its full-time workforce by approximately 17% in...
As restaurant prices continue to rise, even the most enthusiastic diners are beginning to pull back on eating out and ordering in, PYMNTS research reveals. By the Numbers According to surveys carried out for PYMNTS’ “Connected Dining” series, as of June, only 7.4% of restaurant...
The business lunch is reportedly back in major cities following a pandemic-driven hiatus. The number of lunchtime diners in New York City rose each month between January and April from 2022’s figures, Bloomberg News reported Friday (May 12), citing data from OpenTable. March was the sole exception,...
July 30, 2020
Putting the “hospital” in Butler Hospitality, the New York-based hotel room service startup found itself this past spring in a city overrun by frontline workers of every description, setting up field hospitals in Manhattan’s most famous greenspaces as medical ships anchored. Tim Gjonbalic, founder and CEO of Butler, did what any conscientious hotelier, caterer or […]
July 09, 2020
In a bid toward normality, states are reopening. No surprise, after months of lockdown: We all want to get something to eat. And we’d like to be safe when we...
July 08, 2020
For the digital consumer — for the U.S. economy — a recovery is in the cards, yes. But it will take a while. Much longer than the 12 weeks it...
May 26, 2020
For a consumer, the most important deciding factor in picking a place to eat pre-pandemic was pretty simple — which was offering them the best meal they were in the...
August 10, 2025
American restaurant chains are seeing declining sales as consumers stay at home. As the Financial Times (FT) reported Saturday (Aug. 9) IHOP and Applebee’s parent Dine Brands, Sweetgreen, Wendy’s and Denny’s all cautioned during earnings calls last week that consumers’ reluctance to spend is hindering sales. U.S. diners ate 1 billion fewer restaurant meals between […]
June 23, 2024
Consumers are spending less at restaurants as menu prices remain high. And as Seeking Alpha reported Saturday (June 22), it’s a situation that’s left some eateries embracing creative promotions to...
May 14, 2023
The business lunch is reportedly back in major cities following a pandemic-driven hiatus. The number of lunchtime diners in New York City rose each month between January and April from...
August 22, 2022
Online experience-booking platform DayAway has now begun operating in the United Arab Emirates (UAE), a press release said. DayAway connects guests with “unique, engaging and restorative” daytime activities, including wellness,...