Restaurants

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Uber Eats Marks Milestone of 1 Million Merchants
Uber Eats Marks Milestone of 1 Million Merchants
April 08, 2024  |  Delivery

Uber Eats now has 1 million merchants around the world on its platform. These partners include restaurants, grocers and convenience stores ranging from small businesses...

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Rewards Network CEO Says Restaurants Need Data-Driven Approach
Rewards Network CEO Says Restaurants Need Data-Driven Approach
April 08, 2024  |  Loyalty & Rewards

Forty years ago, shoulder pads and high tops ruled fashion. Tina Turner and Madonna ruled the airwaves. The original movie version of “Dune” was in...

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Yum Brands Doubles Tech Spending, Expands Use of Generative AI
Yum Brands Doubles Tech Spending, Expands Use of Generative AI
April 01, 2024  |  ResTech

Fast food company Yum Brands aims to deploy artificial intelligence (AI) across the operations of its restaurants. The parent company of Taco Bell, Pizza Hut,...

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Fast Food Price Hikes See Lower-Income Diners Cutting Back
Fast Food Price Hikes See Lower-Income Diners Cutting Back
March 27, 2024  |  Economy

Rising prices at fast food eateries and other restaurants reportedly have lower-income diners pulling back. Around a quarter of low-income consumers — those who make under $50,000...

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Restaurant POS System Provider Lightspeed Considering Going Private
Restaurant POS System Provider Lightspeed Considering Going Private
March 25, 2024  |  Business

Lightspeed, which provides point-of-sale (POS) systems to restaurants, is reportedly considering going private. The firm went public five years ago but Dax Dasilva, interim CEO...

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Darden’s Sales Climb Even as Lower-Income Diners Stay Home
Darden’s Sales Climb Even as Lower-Income Diners Stay Home
March 21, 2024  |  Earnings

Olive Garden owner Darden has seen a drop in lower-income diners patronizing its restaurants. The company, which also owns Longhorn Steakhouse, on Thursday (March 21) reported earnings that showed...

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Marc Lore’s ‘Super App of Mealtime’ Wonder Raises $700 Million
Marc Lore’s ‘Super App of Mealtime’ Wonder Raises $700 Million
March 19, 2024  |  Investments

Wonder has raised $700 million to continue building “the super app of mealtime.” Marc Lore, the serial entrepreneur and former Walmart executive who is founder,...

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PAR Technology Acquires TASK, Stuzo to Expand Unified Commerce Offerings
PAR Technology Acquires TASK, Stuzo to Expand Unified Commerce Offerings
March 15, 2024  |  Acquisitions

PAR Technology has acquired TASK Group and Stuzo Holdings to expand its unified commerce software offerings. These acquisitions will expand the global food service technology...

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Deliveroo Looks Past Food Following First-Ever Profit
Deliveroo Looks Past Food Following First-Ever Profit
March 14, 2024  |  Earnings

Deliveroo has logged its first-ever profit as it continues pushing past its restaurant roots. The British company on Thursday (March 14) announced earnings of 85 million pounds ($109...

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