Restaurant Industry news and trends

Restaurant Bankruptcies Reportedly at Highest Level Since Pandemic
Consumer Insights // December 05, 2024

Chain restaurant bankruptcies are reportedly at their highest level since the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Data-Driven Funding Fuels Restaurant Growth and Fills Tables
SMBs // December 03, 2024

For restaurants, there’s a funding gap, a chasm between gaining access to the capital they need to thrive and grow and the traditional channels offering that capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

SoundHound AI Expands Voice AI Ordering for Restaurants
artificial intelligence // June 20, 2024

SoundHound AI announced Tuesday (June 18) its acquisition of key assets from Allset, an online food ordering platform, in a move that bolsters the voice artificial intelligence company’s presence in the restaurant industry. Get the Full Story Complete the form to unlock this article and...

Shake Shack’s Self-Service Kiosks Boost Profitability and Efficiency
Restaurant innovation // November 06, 2023

Shake Shack, the fast-casual restaurant chain, has had success with its use of kiosks. These self-service ordering stations have helped the company reduce labor hours and proven to be a high-margin channel, contributing to improved profitability. Get the Full Story Complete the form to unlock...

Interviews & Exclusives
Data-Driven Funding Fuels Restaurant Growth and Fills Tables

December 03, 2024
For restaurants, there’s a funding gap, a chasm between gaining access to the capital they need to thrive and grow and the traditional channels offering that capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our […]

Olo’s Noah Glass On Powering The $1.6 Trillion ‘Eats’ Ecosystem

May 17, 2021
The restaurant industry is more digital than ever, as evidenced by Olo’s first earnings release since going public in March. The ordering platform reported 125 percent year-over-year revenue growth, capturing consumers’ surging...

Kitchen United CEO On Restaurants’ eTail Future

October 15, 2018
The digitization of the economy has been actively underway for the last two or so decades. In many regards, though, the digital age of restaurants has caught many restaurateurs off...

LevelUp’s Take On QSR Success

June 05, 2017
Quick service restaurants are nothing new — they’ve been around since the 1940s in some fashion. But what is new is how companies from Starbucks to Five Guys to McDonald’s have...

Quick Reads
Diners Haven’t Lost Appetite for Restaurants Despite High Prices

March 09, 2025
By all rights, this should be a season of discontent for the restaurant industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing […]

Restaurant Bankruptcies Reportedly at Highest Level Since Pandemic

December 05, 2024
Chain restaurant bankruptcies are reportedly at their highest level since the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

SoundHound AI Expands Voice AI Ordering for Restaurants

June 20, 2024
SoundHound AI announced Tuesday (June 18) its acquisition of key assets from Allset, an online food ordering platform, in a move that bolsters the voice artificial intelligence company’s presence in...

Shake Shack’s Self-Service Kiosks Boost Profitability and Efficiency

November 06, 2023
Shake Shack, the fast-casual restaurant chain, has had success with its use of kiosks. These self-service ordering stations have helped the company reduce labor hours and proven to be a...