Restaurants

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Starbucks Claims $181M in Revenue From Unused Gift Cards and Loyalty Credits
Starbucks Claims $181M in Revenue From Unused Gift Cards and Loyalty Credits
November 16, 2022  |  Earnings

Starbucks reportedly claimed $181 million in revenue from money on gift cards and loyalty accounts that customers didn’t spend in fiscal year 2021 — a...

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Restaurants Leverage Hospitality Experience as ‘Dark Kitchen’ Trend Grows
Restaurants Leverage Hospitality Experience as ‘Dark Kitchen’ Trend Grows
November 15, 2022  |  ResTech

It was once a challenge for restaurants to take ownership of their online presence, putting many at the mercy of third-party aggregators or having to...

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PYMNTS Intelligence: New Technology Becomes Table Stakes as the Restaurant Industry Evolves
PYMNTS Intelligence: New Technology Becomes Table Stakes as the Restaurant Industry Evolves
November 14, 2022  |  Restaurant innovation

The industry continues its rapid recovery after a swift tumble during the first years of the pandemic, as expressed by several different metrics. The food service industry is...

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Restaurants Seek Single Platform to Manage Digital Experience
Restaurants Seek Single Platform to Manage Digital Experience
November 14, 2022  |  Restaurant innovation

Think back to 2020 and 2021, when restaurant delivery was suddenly the pantry, kitchen and server to millions of Americans locked down at home. Operators...

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Meeting QSR Customers’ Ordering Preferences
Meeting QSR Customers’ Ordering Preferences
November 11, 2022  |  Restaurant innovation

Thousands of restaurants adopted mobile ordering during the pandemic, and now must go above and beyond to stand out from the competition. In this month’s...

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Toast Seizes on Labor Challenges at Independent Restaurants to Drive Adoption
Toast Seizes on Labor Challenges at Independent Restaurants to Drive Adoption
November 10, 2022  |  ResTech

Restaurant technology platform Toast said the disproportionate challenges affecting independent restaurant operators provided a strong business opportunity to offer labor and productivity services to small-...

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Dutch Bros, Starbucks Report Drive-Thru Gains While McDonald’s Sees Weakness
Dutch Bros, Starbucks Report Drive-Thru Gains While McDonald’s Sees Weakness
November 10, 2022  |  ResTech

Across the restaurant industry, brands including Dutch Bros and Starbucks are seeing their drive-thru sales increase, with the stark exception of quick-service restaurant (QSR) giant...

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What Customers Demand From Their QSR Ordering Experiences
What Customers Demand From Their QSR Ordering Experiences
November 10, 2022  |  Restaurant innovation

The pandemic forced restaurants to pivot and deploy online platforms for contactless ordering, unified restaurant software, curbside pickup and delivery services to meet consumers where...

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Oracle Unveils Mobile Ordering/Payments Tool
Oracle Unveils Mobile Ordering/Payments Tool
November 09, 2022  |  Mobile Order Ahead

As restaurants deal with a tough labor market, business software company Oracle has debuted a mobile order and pay tool designed to let eateries “serve...

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