Consumer caution at restaurants is reportedly dampening business at fast-casual eateries. As Bloomberg News reported Saturday (May 11), restaurants such as Red Lobster — which is mulling bankruptcy — and TGI Fridays are under greater pressure due to rising labor costs and an increase in consumers choosing to eat...
McDonald’s is reportedly set to modernize its marketing strategy by launching a digital marketing fund to be paid into by its U.S. franchisees. The move aims to modernize the fast-food giant’s marketing approach, enhance its competitive advantage and strengthen its position in the digital business landscape, CNBC reported Thursday (May 9), citing an...
Denis Montenaro, a regular McDonald’s diner, recently came to a decision. “I’m done with fast food,” the 75-year-old California resident told The Wall Street Journal (WSJ) in a report published Sunday (May 5). The reason? A visit to the Golden Arches that ended with Montenaro paying nearly $10...
It’s been a season of slowing sales for quick-service restaurants (QSRs). That could mean these fast-food brands have to launch greater promotions to attract cost-conscious diners, Reuters noted in a Thursday (May 2) report. “The lack of value offers has opened up consumers to shop for different...
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, as evidenced by the recent pact between ChatGPT creator OpenAI and Presto, the voice AI used by quick-service restaurants (QSRs) and fast-food chains like Applebee’s, […]
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...
July 20, 2020
Loyalty programs with enticing incentives have always served as an effective tool for helping drive business for quick-service restaurants (QSRs). But those innovative programs once considered optional are now becoming...
January 20, 2020
Living up to their names, fast-casual and quick-service restaurants (QSRs) are embracing innovative technologies to help drive sales in the increasingly competitive restaurant industry. More restaurant owners are finding the...
May 16, 2024
Walmart’s grocery business is reportedly benefiting from the high price of fast food. The retailer’s chief financial officer, John David Rainey, told CNBC Thursday (May 16) that it’s “roughly 4.3 times more expensive” to buy a meal at a quick-service restaurant (QSR) than it is to purchase the ingredients needed to make a meal at home. “And that’s […]
May 12, 2024
Consumer caution at restaurants is reportedly dampening business at fast-casual eateries. As Bloomberg News reported Saturday (May 11), restaurants such as Red Lobster — which is mulling bankruptcy — and TGI...
May 05, 2024
Denis Montenaro, a regular McDonald’s diner, recently came to a decision. “I’m done with fast food,” the 75-year-old California resident told The Wall Street Journal (WSJ) in a report published Sunday (May 5)....
May 02, 2024
It’s been a season of slowing sales for quick-service restaurants (QSRs). That could mean these fast-food brands have to launch greater promotions to attract cost-conscious diners, Reuters noted in a Thursday (May...
