Starbucks’ effort to reestablish itself as a coffeehouse is reportedly bearing fruit. In the last three weeks, the share of U.S. customers who have chosen to remain in the cafes and enjoy their beverages in ceramic mugs and glasses has risen more than threefold, Axios...
GrubMarket has raised $50 million in a Series G funding round to accelerate the growth of its business and its artificial intelligence (AI) software and extend the reach of its B2B software solutions for the food supply chain industry. The company will increase its investment in...
Quick-service restaurant (QSR) giant Yum! Brands has partnered with Nvidia to develop and scale artificial intelligence (AI) technologies for its restaurants. These technologies will be deployed at the QSR company’s KFC, Taco Bell, Pizza Hut and Habit Burger & Grill restaurants, the companies said in...
There’s increasing evidence that consumers are triaging their spending — picking and choosing where they will (or even can) allocate their money as tariffs and macro uncertainty cloud near-term economic horizons. The latest data on retail sales show that in February, per the initial reading...
March 17, 2025
There’s increasing evidence that consumers are triaging their spending — picking and choosing where they will (or even can) allocate their money as tariffs and macro uncertainty cloud near-term economic horizons. The latest data on retail sales show that in February, per the initial reading from the Census Bureau indicate that retail sales were up […]
March 13, 2025
Once relegated to simple card-present transactions, digital payments today are deeply embedded into and across a web of connected devices, ultimately driving more personalized experiences and frictionless commerce. The PYMNTS...
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...
February 28, 2025
As goes Main Street, so goes the overall U.S. economy. By the numbers, roughly 99% of businesses in the U.S. are small businesses — and they account for about 44%...
March 24, 2025
Tesla is entering the dining business, preparing to open a drive-in restaurant in Los Angeles. This new location would allow diners to eat and watch movies on an outdoor screen while they charged their electric vehicles. But as the New York Times (NYT) reported Friday (March 21), the restaurant’s opening has run into a roadblock: […]
March 23, 2025
Starbucks’ effort to reestablish itself as a coffeehouse is reportedly bearing fruit. In the last three weeks, the share of U.S. customers who have chosen to remain in the cafes...
March 21, 2025
GrubMarket has raised $50 million in a Series G funding round to accelerate the growth of its business and its artificial intelligence (AI) software and extend the reach of its B2B...
March 17, 2025
Food delivery startup Wonder has acquired Tastemade, a media company that creates video content and original programming focused on food, travel, home and design. “With Tastemade’s world-class storytelling, we’re unlocking fresh opportunities for...