Restaurants

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70% of Restaurant SMBs Say Convenience Is Top Instant Payments Benefit
70% of Restaurant SMBs Say Convenience Is Top Instant Payments Benefit
May 29, 2024  |  Faster Payments

While instant payments might seem like an innovation that only big companies would embrace, these types of expenditures are gaining traction with many mom-and-pop eateries....

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Nory Raises $16 Million to Expand ‘AI Restaurant Manager’ Product
Nory Raises $16 Million to Expand ‘AI Restaurant Manager’ Product
May 22, 2024  |  Investments

Nory has raised $16 million in Series A funding to expand the use of artificial intelligence (AI) in the hospitality industry. The company will use...

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NCR Voyix and sunday Team for Pay-at-Table Solution
NCR Voyix and sunday Team for Pay-at-Table Solution
May 20, 2024  |  ResTech

Digital commerce solutions company NCR Voyix has debuted a pay-at-table solution in collaboration with sunday. Aloha Pay-At-Table lets diners scan a tabletop QR code, see their bill, split...

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Walmart CFO: Shoppers Replacing Fast Food With Groceries
Walmart CFO: Shoppers Replacing Fast Food With Groceries
May 16, 2024  |  Walmart

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...

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NCR Voyix and GRUBBRR Debut Restaurant Kiosk
NCR Voyix and GRUBBRR Debut Restaurant Kiosk
May 16, 2024  |  ResTech

Digital commerce firm NCR Voyix has launched a partnership with restaurant-focused software provider GRUBBRR. The collaboration, announced Thursday (May 16), has resulted in the Aloha Kiosk, designed to help restaurants...

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As Consumers Pause Spending in April, Is Summer Slowdown Looming for Merchants?
As Consumers Pause Spending in April, Is Summer Slowdown Looming for Merchants?
May 15, 2024  |  Economy

It remains to be seen if April will be the pause that refreshes or if consumers will pinch their wallets shut for a longer period, ushering in summer doldrums for...

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Square: Restaurant Worker Pay Jumps 66% in 7 Years
Square: Restaurant Worker Pay Jumps 66% in 7 Years
May 14, 2024  |  ResTech

Labor costs continue to weigh on restaurants, according to a new report by Square. The point-of-sale payments company’s Quarterly Restaurant Report, released Tuesday (May 14) notes...

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Square Adds 5 New Integrated Solutions for Restaurants
Square Adds 5 New Integrated Solutions for Restaurants
May 14, 2024  |  ResTech

Square has formed several new integrations and partnerships with organizations serving food and beverage (F&B) companies. The provider of commerce solutions also said that 45%...

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Uber Pays $950 Million for Delivery Hero’s Taiwan Foodpanda Business
Uber Pays $950 Million for Delivery Hero’s Taiwan Foodpanda Business
May 14, 2024  |  Acquisitions

Uber is acquiring Delivery Hero’s foodpanda delivery business in Taiwan for $950 million. The deal, announced Tuesday (May 14), is expected to close in the first half of next year and...

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