For fast food companies, offering diners discounts on meals may no longer suffice. That’s according to a report Tuesday (Aug. 11) by Reuters, which said that recent quarterly earnings from these restaurant chains showed that the brands that performed the strongest were the ones that...
McDonald’s says an attempt to lure budget-conscious consumers backfired in its latest quarter. The fast food giant reported earnings Tuesday (Aug. 4) showing that while its global sales were up 4%, comparable sales in the U.S. climbed just 0.8%—compared to 2.5% during the same period...
Quick-service restaurants have been among the most aggressive corporate adopters of artificial intelligence (AI), deploying the technology as an operational tool to defend margins in one of the most cost-compressed sectors of the economy. Roughly 70% of restaurant operators are either actively using or piloting...
Food stores and retail establishments in New York are required to accept cash payments for in-person transactions after a bill was signed into law by the state’s governor. Governor Kathy Hochul signed Senate Bill S4153A into law on Nov. 21 after it was delivered to...
March 26, 2025
With the end of the COVID-19 pandemic, return to office has become the dominant work mode. According to PYMNTS Intelligence survey data from January 2025, about 80% of employed consumers now work either in-office or in a hybrid setting and 63% of formerly remote workers are back in the office full time. It’s a stark […]
March 05, 2025
The fast food industry is stepping up its adoption of artificial intelligence (AI) and automation, with market stalwarts including McDonald’s, Yum! Brands and Wendy’s expanding their deployment of the technology to...
April 11, 2023
The planets are aligning around voice artificial intelligence (AI) as everyday business use cases begin to build, perhaps nowhere more so than at the restaurant drive-thru. The synergies are clear,...
September 06, 2022
On Monday (Sept. 5), California’s Governor Gavin Newsom signed into law Bill AB-257, which will set higher wage requirements for fast food workers as well as enact standards related to...
August 04, 2026
McDonald’s says an attempt to lure budget-conscious consumers backfired in its latest quarter. The fast food giant reported earnings Tuesday (Aug. 4) showing that while its global sales were up 4%, comparable sales in the U.S. climbed just 0.8%—compared to 2.5% during the same period last year—falling short of internal expectations. “We don’t have a […]
December 08, 2025
Food stores and retail establishments in New York are required to accept cash payments for in-person transactions after a bill was signed into law by the state’s governor. Governor Kathy...
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...
May 04, 2025
Fast food chain Wendy’s is expecting customers to feel financial pressure for the remainder of the year. To that end, the website Nation’s Restaurant News reported Friday (May 2), the...
