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Consumers See Higher, Longer Inflation Than Government – Why That Matters
Consumers See Higher, Longer Inflation Than Government – Why That Matters
December 12, 2022  |  Economy

PYMNTS’ national study of 13,250 U.S. consumers over the last seven months may tell policymakers everything they need to know about inflation expectations: consumers think...

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Costco Still Betting on Low-Priced Food Despite Softening Sales
Costco Still Betting on Low-Priced Food Despite Softening Sales
December 09, 2022  |  Earnings

Costco continues to lean on low-priced food options to attract shoppers even as performance lags. The bulk discount retailer shared on a call with analysts...

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Buyers Edge Buys Restaurant Finance Firm RASI
Buyers Edge Buys Restaurant Finance Firm RASI
December 08, 2022  |  Acquisitions

Two firms are combining their complementary offerings for the foodservice industry.  Buyers Edge Platform, a digital procurement platform for the industry, has acquired Restaurant Accounting...

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Independent Restaurants’ Optimism Wanes Amid Ongoing Inflation
Independent Restaurants’ Optimism Wanes Amid Ongoing Inflation
December 07, 2022  |  SMBs

As economic challenges continue indefinitely into the future, small restaurants are adjusting their revenue expectations. By the Numbers Research from PYMNTS’ new study, “Main Street...

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MarginEdge Raises $45M to Grow Restaurant Management Platform
MarginEdge Raises $45M to Grow Restaurant Management Platform
December 07, 2022  |  Investments

Restaurant management platform MarginEdge will expand its offering after raising $45 million. The company said Wednesday (Dec. 7) that this Series C round more than...

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Small Restaurants Shift From Competing to Collaborating Amid Industry-Wide Challenges
Small Restaurants Shift From Competing to Collaborating Amid Industry-Wide Challenges
December 06, 2022  |  Restaurant innovation

As restaurants face ongoing challenges, many are beginning to work together to pull through. Going from the lockdowns and other COVID-related challenges of 2020 and...

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Uber Pays $10M for Listing Chicago Eateries Without Permission
Uber Pays $10M for Listing Chicago Eateries Without Permission
December 06, 2022  |  Legal

Uber will pay Chicago a $10 million settlement in an investigation into its business practices. The city announced the settlement late Monday (Dec. 5), saying...

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Dine Brands’ $80M Fuzzy’s Deal Highlights Industry’s Shift to Off-Premises
Dine Brands’ $80M Fuzzy’s Deal Highlights Industry’s Shift to Off-Premises
December 05, 2022  |  Acquisitions

Casual dining group Dine Brands is acquiring fast-casual chain Fuzzy’s Taco Shop. The parent company of the Applebee’s and IHOP brands announced Monday (Dec. 5)...

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Eat, Pay, Love — a Meditation on Holiday Spending
Eat, Pay, Love — a Meditation on Holiday Spending
December 03, 2022  |  Retail

It turns out that dining, shopping, and even paying for such delights is uplifting. As in scientifically, and numerically as the case may be for...

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