Value is the key to gaining share in the quick-service restaurant (QSR) space in today’s macroeconomic environment, Domino’s executives said Thursday (Oct. 10). The pizza company gained share over the past year by offering “more for less” together with rewards that keep customers coming back,...
Toast added a branded mobile app and SMS marketing features to its technology platform for restaurants. These new mobile features are included in Toast’s Fall Product Release and are designed to help restaurants build new revenue streams, a stronger brand presence and a deeper connection...
Dining out is getting more expensive. Consumers continue to spend on their cards, but the pace may be pressured. Issuers want to be top-of-mind and top-of-wallet for restaurant spending, and payment networks benefit from consumer resilience. Several pacts, partnerships and acquisitions between issuers, payment networks...
On Tuesday (Sept. 17), we’ll find out if the July surge in consumer spending — as measured via unadjusted retail sales — has amounted to a blip or a trend. The monthly data from the Department of Commerce (this time for August) will offer a...
September 16, 2024
On Tuesday (Sept. 17), we’ll find out if the July surge in consumer spending — as measured via unadjusted retail sales — has amounted to a blip or a trend. The monthly data from the Department of Commerce (this time for August) will offer a snapshot of how consumers are grappling with inflation. We’ll see […]
August 15, 2024
The restaurant industry faces financial strain due to inflation and economic downturns, with sales growth projections for 2024 cut to 3.8% from earlier estimates. As establishments contend with cash flow...
August 09, 2024
As aggregators look to drive spending despite consumers’ belt-tightening behaviors, Grubhub is using new digital features to drive up check sizes. The company announced earlier this month the launch of...
August 06, 2024
Shifts in consumer behavior and advancements in technology are transforming the restaurant industry. The evolving landscape of loyalty and engagement is also a trend to watch, Steve Fusco, president and...
October 14, 2024
Discounted drinks are reportedly becoming rarer under the leadership of Starbucks’ new CEO. Brian Niccol became chief executive in August, and the company has since scaled back the array of discounts it has been offering in the last year, The Wall Street Journal (WSJ) reported Monday (Oct. 14), citing interviews with baristas and Starbucks executives. As the report notes, Starbucks […]
October 10, 2024
Value is the key to gaining share in the quick-service restaurant (QSR) space in today’s macroeconomic environment, Domino’s executives said Thursday (Oct. 10). The pizza company gained share over the...
October 08, 2024
Toast added a branded mobile app and SMS marketing features to its technology platform for restaurants. These new mobile features are included in Toast’s Fall Product Release and are designed...
August 22, 2024
Walmart has teamed with Burger King in its latest effort to boost its subscription program. The retail giant and the fast food chain have begun offering what they describe as a “first-of-its-kind” dining...
