Restaurants

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DoorDash and Deliveroo Acquisition Talks Ended on Valuation Disagreement

DoorDash and Deliveroo Acquisition Talks Ended on Valuation Disagreement
DoorDash and Deliveroo Acquisition Talks Ended on Valuation Disagreement
June 25, 2024  |  Aggregators

A potential combination of meal delivery companies Doordash and Deliveroo was reportedly discussed but rejected in May. Get the Full Story Complete the form to unlock this...

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Delivery Apps See Orders Drop After Wage Hikes
Delivery Apps See Orders Drop After Wage Hikes
June 23, 2024  |  Delivery

When gig workers in Seattle won higher wages, delivery apps like DoorDash hiked their fees. Get the Full Story Complete the form to unlock this...

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Restaurants Push Promotions as Diners Lose Appetite for High Prices
Restaurants Push Promotions as Diners Lose Appetite for High Prices
June 23, 2024  |  Retail

Consumers are spending less at restaurants as menu prices remain high.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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American Express to Acquire Restaurant Tech Providers Tock, Rooam
American Express to Acquire Restaurant Tech Providers Tock, Rooam
June 21, 2024  |  Acquisitions

American Express has announced agreements to acquire two technology providers — Tock and Rooam — to expand its suite of digital tools for restaurants and merchants. Get the...

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Darden Sees Fine-Dining Comparable Sales Drop Amid Inflation, Job Concerns
Darden Sees Fine-Dining Comparable Sales Drop Amid Inflation, Job Concerns
June 20, 2024  |  Earnings

Darden Restaurants saw its same-store sales slip at its fine dining locations amid consumers’ concerns about inflation and the job market. Get the Full Story...

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5 Big Ideas: Making the Case for Instant Payments
5 Big Ideas: Making the Case for Instant Payments
June 19, 2024  |  Faster Payments

In recent years, instant, P2P payments have seen a surge in adoption, emerging as a popular method for consumers to receive funds and make personal...

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Consumers Send Mixed Messages on May Retail Spend
Consumers Send Mixed Messages on May Retail Spend
June 18, 2024  |  Economy

Retail sales for the month of May signal a consumer slowdown overall — and some mixed trends among discretionary categories. Get the Full Story Complete...

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Radar CEO Sees Geolocation Driving Future of Digital-Physical Commerce
Radar CEO Sees Geolocation Driving Future of Digital-Physical Commerce
June 13, 2024  |  Connected Economy

As technology and the connected economy march onward, the boundary between the digital and physical worlds is becoming increasingly blurred. Get the Full Story Complete...

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CardFree Launches ‘Smart AI Upsell’ Feature for Restaurants, Hospitality Businesses
CardFree Launches ‘Smart AI Upsell’ Feature for Restaurants, Hospitality Businesses
June 12, 2024  |  ResTech

CardFree has added a new Smart AI Upsell feature to its online ordering platform for the restaurant and hospitality industry. Get the Full Story Complete...

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