Layoffs may be on the horizon for McDonald’s: The company is restructuring its organization to cut waste and innovate faster.
Despite a tough economic climate, consumers shrug off QSR deals: The chains with the highest deal rates aren’t outperforming other QSR brands.
Starbucks workers strike for the second time to force contract negotiations: But a loss at an NYC store underscores the union’s uphill battle for a satisfactory agreement.
A savvy use of promotions helped Darden Restaurants beat earnings expectations: The return of Olive Garden’s never-ending pasta pass drove higher sales for the quarter as consumers across the income spectrum continue to dine out.
Grubhub partners with Kiwibot to expand its robot delivery service on college campuses: The move could help the food delivery company win more Gen Z signups to its platform, but a broader rollout looks unlikely.
McDonald’s wants more customers to order via app: The fast-food chain is offering a chance to win free McDonald’s for life with every mobile order as it seeks to increase loyalty and grow sales.
2022 was a year of struggle—and innovation—for restaurants: But 2023 won’t be much easier as inflation causes consumers to cut back on dining out.
Marc Lore’s mobile kitchen startup Wonder restructures as pandemic-era expansion stalls: The company’s on-demand model has proven expensive and difficult to scale.
Here's how the iconic brand pivoted from transactional marketing to brand-building in the long term.
Starbucks credits the pumpkin spice latte for helping it beat Q4 earnings expectations: But the company’s growth owes just as much to its robust loyalty, customization, and convenience initiatives.
Consumers can’t get enough of food delivery: Both Uber and DoorDash reported significant growth in their delivery businesses as users keep the orders coming.
Same-store sales are rising at many QSRs: They’re benefiting from some consumers trading down from pricier restaurants and others looking for an affordable option as grocery prices rise.
McDonald’s and Chipotle keep growing: That’s despite both chains raising prices to offset their rising costs.
Consumer spending grew 0.4% in Q3: But the shift to spending on services continued as goods spending fell for the third straight quarter.
Mentions of inflationary language on Yelp increased 4% in Q3 as compared to the previous quarter and 22% year over year (YoY), according to a publication from the business review platform.
Jack in the Box’s takeout-only concept reflects changing customer habits: The chain is doubling down on takeout and drive-thrus to enhance convenience as more households turn to fast food.
QSRs are eating up TV ad impressions: With Subway and Arby’s leading the way, the category is still pulling back—but less than other major spenders.
Eat, drink, and be scary: Chipotle hooks up with BeReal to bring back “Boorito” Halloween promotion.
Advanced Insights helps restaurants optimize their businesses by identifying sales trends and offering targeted operational recommendations.
Inflation forces restaurants to adjust their operations: Rising prices are leading restaurants to increase their menu prices and substitute lower-cost ingredients.