ResTech

Toast Aims for $18B Valuation in IPO
Toast Aims for $18B Valuation in IPO
September 20, 2021  |  IPO

Boston-based restaurant tech point-of-sale (POS) firm Toast Inc. will push for a valuation of up to $18 billion in its U.S. initial public offering (IPO),...

READ MORE >
55% of Restaurants Say Digital Payments Are Key to Success
55% of Restaurants Say Digital Payments Are Key to Success
September 17, 2021  |  Restaurant innovation

The 2021 Restaurant Readiness Index, a PYMNTS and Paytronix collaboration, surveyed more than 500 QSRs and full-service restaurant managers to get a sense of their...

READ MORE >
Food Digest: GrubMarket Serves Digital Farmers With Farmigo Tie-Up; MarginEdge Lands Funds to Cater to Eatery Operators
Food Digest: GrubMarket Serves Digital Farmers With Farmigo Tie-Up; MarginEdge Lands Funds to Cater to Eatery...
September 14, 2021  |  Retail

In the latest food happenings, farmers get access to advanced digital tools thanks to the acquisition of farming eCommerce platform Farmigo by food tech supply...

READ MORE >
Today in Restaurant and Grocery Tech: Blue Apron Launches Frozen Meals; Toast Eyes $170M IPO
Today in Restaurant and Grocery Tech: Blue Apron Launches Frozen Meals; Toast Eyes $170M IPO
September 13, 2021  |  ResTech

Today in restaurant and grocery tech news: Blue Apron announces “Heat & Eat” single-serve meals, while Resy adds vaccination status-checking tools for its restaurant customers....

READ MORE >
POS ResTech Firm Toast Eyes IPO up to $717M
POS ResTech Firm Toast Eyes IPO up to $717M
September 13, 2021  |  IPO

Boston-based point-of-sale firm Toast Inc., which focuses on restaurant technology, is contemplating a U.S. initial public offering (IPO) of up to $717 million, driving its...

READ MORE >
SpotOn Acquires Enterprise POS Provider Appetize to Expand Ability to Scale 
SpotOn Acquires Enterprise POS Provider Appetize to Expand Ability to Scale 
September 13, 2021  |  Partnerships / Acquisitions

Retail and restaurant point-of-sale (POS) system provider SpotOn has raised $300 million in Series E funding, which will be used to acquire digital and mobile...

READ MORE >
Today in Restaurant and Grocery Tech: Restaurant Aggregators Sue NYC; Kroger Boosts Sales with Personalization
Today in Restaurant and Grocery Tech: Restaurant Aggregators Sue NYC; Kroger Boosts Sales with Personalization
September 10, 2021  |  ResTech

Today in restaurant and grocery tech news, delivery services sue New York City over fee caps, while Kroger drives loyalty with data-informed recommendations. And Ryan...

READ MORE >
Today in Restaurant and Grocery Tech: Chipotle Taps Influencer Expertise; Hy-Vee Supermarkets Showcase Home Gym Equipment
Today in Restaurant and Grocery Tech: Chipotle Taps Influencer Expertise; Hy-Vee Supermarkets Showcase Home Gym...
September 09, 2021  |  ResTech

Today in restaurant and grocery tech news, Chipotle engages with TikTok influencers to build loyalty, while Hy-Vee adds fitness equipment showrooms to stores. Plus, KanduAI...

READ MORE >
With Delta Variant, Restaurant Customers Shift to Own-Device Ordering
With Delta Variant, Restaurant Customers Shift to Own-Device Ordering
August 31, 2021  |  Restaurant innovation

At the start of the summer, restaurants were optimistic. COVID-19 cases were finally low, with newly vaccinated consumers’ pent-up demand combining with usual seasonality to...

READ MORE >