Restaurants

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Starbucks Uses AI-Powered Personalized Rewards to Boost Frequency and Spend
Starbucks Uses AI-Powered Personalized Rewards to Boost Frequency and Spend
January 30, 2024  |  Loyalty & Rewards

Starbucks is seeing its artificial intelligence data efforts boost its rewards program effectiveness, incentivizing consumers to spend more and visit more often. On a conference...

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Yelp Unveils AI-Powered Business Summaries
Yelp Unveils AI-Powered Business Summaries
January 30, 2024  |  Artificial Intelligence

Online business review forum Yelp has added more (artificial intelligence) AI-powered search tools. “For years, we’ve leveraged AI to help reduce consumers’ decision paralysis — from spotlighting...

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Delivery Hero Sells $97 Million Stake in Deliveroo
Delivery Hero Sells $97 Million Stake in Deliveroo
January 30, 2024  |  Delivery

Delivery Hero has sold its 4.5% stake in British food ordering platform Deliveroo. The Berlin-based company announced the $97 million sale of its 68 million shares in...

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Valentine’s Spending Expected to Hit Record $14.2 Billion
Valentine’s Spending Expected to Hit Record $14.2 Billion
January 29, 2024  |  Retail

Americans are projected to spend $14.2 billion this Valentine’s Day amid heightened consumer confidence. That record amount comes from a survey released Monday (Jan. 29) by the National...

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Deliveroo CEO Expects Wage Growth to Outpace Food Inflation, Drive Demand
Deliveroo CEO Expects Wage Growth to Outpace Food Inflation, Drive Demand
January 19, 2024  |  Earnings

As restaurant delivery services around the world have seen demand impacted for years by ongoing food inflation and other financial challenges, Deliveroo expects that wage...

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Demand for Personalized Offers Creates Loyalty Opportunity for Restaurants
Demand for Personalized Offers Creates Loyalty Opportunity for Restaurants
January 17, 2024  |  Restaurant innovation

With consumers seeking out targeted deals and offers, restaurants can use artificial intelligence to secure customers’ loyalty. By the Numbers The PYMNTS Intelligence study “Personalized...

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Burger King Owner Restaurant Brands to Acquire Largest Franchisee for $1 Billion
Burger King Owner Restaurant Brands to Acquire Largest Franchisee for $1 Billion
January 16, 2024  |  Acquisitions

Restaurant Brands International, the owner of the Burger King brand, will acquire Carrols Restaurant Group, the largest Burger King franchisee in the United States, for...

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Drive-Thrus Get Tech Upgrades as QSRs Aim to Be 100% Digital
Drive-Thrus Get Tech Upgrades as QSRs Aim to Be 100% Digital
January 16, 2024  |  ResTech

The drive-thru may be slower to digitize than other restaurant ordering channels, but more eateries are finding ways to integrate connected technology into the experience,...

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Chipotle: Rewards Partnerships Drive Visibility, Relevance and Brand Affinity
Chipotle: Rewards Partnerships Drive Visibility, Relevance and Brand Affinity
January 15, 2024  |  Loyalty & Rewards

As restaurant brands turn to rewards partnerships to reach new audiences, Chipotle is seeing its efforts in the space keep its products top-of-mind for more...

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