As ongoing financial challenges have continued to constrain consumers’ budgets throughout the year, restaurants have taken the opportunity to rethink the financial incentives they offer, relaunching their rewards programs with new strategies and user experiences. Take, for instance, quick-service restaurant (QSR) giant Subway, which turned...
Convenience retailers are seizing on the electric vehicle (EV) charging opportunity to drive sales, as consumers wait around with little to do but shop. Last month, for instance, Texas-based convenience store chain Buc-ee’s, which has nearly 50 locations, announced a strategic agreement with Mercedes-Benz for...
This week in restaurant news, Subway rethinks its rewards strategy, Chick-fil-A expands its mobile order drive-thru lanes and Whataburger opens its first digital-only location. As restaurants’ economic challenges have stretched on for years, many brands are rethinking their loyalty programs in an effort to find...
With inflation prompting many consumers to choose low-priced restaurants over more expensive alternatives, Subway has secured a buyer. The QSR giant, which has nearly 37,000 restaurants around the world, announced Thursday (Aug. 24) that it has agreed to be acquired by Roark Capital, owner of Inspire Brands (a group that includes Dunkin’, Baskin-Robbins, Arby’s and several...
October 09, 2024
The quick-service restaurant sector is experiencing a wave of global expansion, with Subway making bold moves to amplify its presence and enhance digital engagement. In just three years, the brand has secured more than 20 master franchise agreements, paving the way for more than 10,000 future restaurant commitments and driving over 40% of its new […]
December 14, 2023
As ongoing financial challenges have continued to constrain consumers’ budgets throughout the year, restaurants have taken the opportunity to rethink the financial incentives they offer, relaunching their rewards programs with...
May 22, 2023
Quick-service restaurants (QSRs) are finding new ways to take the need to make meals off consumers’ plates as they develop subscription models in direct challenge to meal kit providers. The...
August 30, 2022
Restaurant brands are finding that their customers are hungry, as it were, for subscription offerings, presenting them with the opportunity to level up their fans to superfans. Take quick-service restaurant...
April 24, 2020
The People’s Bank of China (PBOC) is launching a pilot program to trial its new digital currency yuan with 19 local businesses, including the U.S. chains Starbucks, Subway and McDonald’s. The digital currency trial is being held in Xiong’an New Area, a city being built south of Beijing. China is the first country to launch […]
March 24, 2020
Mattress Firm and Subway are among the major U.S. retailers that don’t want to pay rent in full due to the coronavirus‘ effects on the country’s economy, Bloomberg reported, which...
January 28, 2020
Adyen will help process payments for quick-service restaurant (QSR) chain Subway in the U.S. and Canada, the firms announced on Tuesday (Jan. 28), Bloomberg reported. The Dutch-based payment company has...
November 27, 2019
Mastercard has announced that it will refund cardholders up to $10 off their cab rides, every Tuesday through the end of the year (including New Year’s Eve and Day), in...
