Eric Nomis

Website building platform Squarespace has acquired Tock, a reservation, order-taking and event management platform for restaurants

Squarespace acquires Tock restaurant reservation + ordering system for $400M in cash, stock

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Deal helps fully integrate Tock into website-building platform, validates increasing appetite for buying restaurant tech firms

Website-building technology company Squarespace has acquired Tock, a reservation, order-taking and event management platform for restaurants. The cash-and-stock deal, valued at $400M, will continue to help evolve Squarespace’s suite, which also offers built-in ecommerce hosting. Tock’s capabilities in reservations, table management, takeout, and events will help Squarespace integrate an ideal solution for its customers to manage reservations, and accelerate sales through enhanced marketing, making it an ideal acquisition.

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IHOP Adds Innovative Packaging: Eatery Pulse Streem

Protecting a restaurant brand while engaging 3rd party delivery-service providers

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How can restaurants make sure their brands are well represented while they work with third party delivery-service providers?

The culture of convenience has spoken. Consumers are increasingly looking for ways to enjoy prepared foods and restaurant meals in the comfort of their own homes and their places of work. Restaurant chains have focused on delivery and takeout as a way to capture the upside of this trend. According to Melissa Wilson of restaurant consulting firm, Technomic, appearing in April at the Restaurant Leadership Conference in Phoenix, restaurant delivery is expected to grow by 12 percent. The logistics of restaurant delivery is something that is challenging to scale internally and is a revenue-generating program in itself that several chains have handed off to third-party delivery companies.

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