Restaurants

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Starbucks Ex-CEO Urges Leaders to Return to Stores
Starbucks Ex-CEO Urges Leaders to Return to Stores
May 06, 2024  |  Restaurant innovation

Starbucks’ former CEO said the chain’s leaders need to spend more time at its stores. Howard Schultz made the argument on LinkedIn Sunday (May 5), days after the company reported its...

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Dave & Buster’s Launches Arcade Betting as Wagers Gain Popularity
Dave & Buster’s Launches Arcade Betting as Wagers Gain Popularity
May 04, 2024  |  Retail

With the proliferation of betting apps bringing gambling into more parts of consumers’ lives, now even Skee-Ball is getting the Las Vegas treatment. Restaurant and...

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Fast-Food Slowdown May Mean Steeper Promotions
Fast-Food Slowdown May Mean Steeper Promotions
May 02, 2024  |  Economy

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...

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Toast Debuts Restaurant Marketing Tools as Diners Show Caution
Toast Debuts Restaurant Marketing Tools as Diners Show Caution
May 01, 2024  |  ResTech

Restaurant technology platform Toast has debuted digital storefront and marketing tools. Toast’s Digital Storefront Suite offers website and online ordering capabilities, while its Marketing Suite...

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Yum Brands Q1 Earnings Show Digital Sales Surge Amid Broader Challenges
Yum Brands Q1 Earnings Show Digital Sales Surge Amid Broader Challenges
May 01, 2024  |  Earnings

Yum Brands, the company behind Pizza Hut, KFC and Taco Bell, reported mixed results in its Q1 earnings announcement Wednesday (May 1) with challenges evident...

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Inflation and Pinched Consumer Wallets Dominate Q1 Earnings
Inflation and Pinched Consumer Wallets Dominate Q1 Earnings
May 01, 2024  |  Earnings

If there’s a theme for retailers this earnings season, and especially for dining, it might be crystallized in the comments this week from McDonald’s CEO...

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Starbucks Renews Focus on Occasional Customers as Q2 Results Disappoint
Starbucks Renews Focus on Occasional Customers as Q2 Results Disappoint
April 30, 2024  |  Earnings

Starbucks’s artificial intelligence (AI)-powered personalized rewards efforts, aimed at increasing customer frequency and spending, appear to be facing challenges.  Following the announcement of “disappointing” second-quarter 2024 results on Tuesday...

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Chili’s Beefs up Advertising as Fast Food Frustrates Diners
Chili’s Beefs up Advertising as Fast Food Frustrates Diners
April 30, 2024  |  Earnings

Casual dining company Brinker International wants to capitalize on diner discontent with fast food prices. The company — owner of Chili’s and Maggiano’s — released earnings Tuesday (April 30) showing a...

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Domino’s Captures Larger Slice of Revenue With Rewards Program
Domino’s Captures Larger Slice of Revenue With Rewards Program
April 29, 2024  |  Loyalty & Rewards

Domino’s said its decision to relaunch its rewards program last year is paying off. The quick-service pizza chain released quarterly earnings results Monday (April 29) showing a 5.6% increase in...

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