Dunkin’s new rewards program looks a lot like Starbucks Rewards: The chain is the latest company to adopt a more personalized loyalty system.
Retail workers have unionized at a rapid pace: But that momentum may slow as companies like Chipotle and Amazon push back aggressively and consumers grow concerned about an economic downturn.
Olive Garden parent Darden Restaurants fell short of expectations in Q1: Inflation is causing the company’s customers to pull back on dining out.
Burger King is getting a facelift: Parent company Restaurant Brands International will invest $400 million to revitalize the brand and modernize stores.
As of August, 65% of US adults said they’d spent more on groceries and less on experiences in the past six months. Meanwhile, 59% agreed they’d spent less on experiences such as travel and dining out. Adults also reported focusing on savings while forgoing big-ticket purchases.
SkyTab POS offers hardware products, value-added services, and integrations with third-party business solutions.
‘Sectoral bargaining’ is making a comeback: The tactic in which workers from different companies band together could upend the fast-food industry in California and elsewhere.
A flurry of forces is changing how consumers eat and drink: Rising grocery costs, shifting work patterns, and practical considerations are causing people to adjust their dining habits.
Consumers prioritize dining out: They are more likely to pull back on other purchases such as new clothes, travel, and gym memberships before they reduce their restaurant spending.
Chipotle pays the price for violating workers’ rights: The fast-food chain will pay NYC workers $20 million in the largest fair workweek settlement in the US.
Advertiser pullback weighs on Nextdoor: Neighborhood platform projects sales for current quarter that trail analysts’ estimates.
Rising labor costs cause retailers and restaurants to pause hiring: Fifty-seven percent of retailers and 38% of small restaurants have implemented hiring freezes because of inflationary pressures.
Consumers aren’t willing to cut back on coffee: Their caffeine addiction helped Starbucks and Tim Hortons avoid the pullback in spending that hurt McDonald’s, Chipotle, and Yum Brands.
Lackluster demand causes McDonald’s to pull back on plant-based burgers: But customers remain enthusiastic about meat alternatives in the grocery aisle.
McDonald’s takes a personalized approach to value to drive sales: The fast-food company is relying on targeted promotions to soften the blow of higher prices.
Worker shortages show no signs of easing this summer: Travel and an uptick in COVID-19 cases are straining businesses’ already slim operations.
It’s a challenging time for small retailers: Many are struggling with raging inflation and declining consumer buying power.