DoorDash, Cruise to test self-driving delivery at restaurants, grocers Through a new partnership, Cruise and DoorDash will be testing autonomous deliveries in San Francisco. According to a joint announcement by […]
Beyond Famous Star is unexpected arrival at burger chain Carl’s Jr has launched the Beyond Famous Star sandwich, utilizing the Beyond Burger patty, made with all plant-based ingredients and free of GMOs, gluten and soy, and packing 20 […]
DFRG considers possible sale after acquisition of Barteca, activist letter Del Frisco’s Restaurant Group (DFRG) announced today that it will complete a strategic review, including the possible sale of the […]
Extrapolating today’s food trends for applicability in 2019 is not the easiest of tasks so the National Restaurant Association (NRA) works with the American Culinary Federation (ACF) to build a […]
Jack in the Box for sale could add to billions spent on restaurant acquisitions in past two years Jack in the Box announced that it could be put up for sale, based […]
Sonic is now part of the Roark Capital portfolio of restaurant companies with Inspire Brands finalizing its acquisition of the $2.3B deal for the quick-service drive-in chain. Inspire Brands is led by Paul Brown and Sonic will be led by Claudia San Pedro, serving as Sonic president, announced post-acquisition agreement. Cliff Hudson will be a senior advisor to Sonic until next March for transition purchases.
As foodservice distributors face cost pressures, Amazon becomes leading source for online foodservice purchases
According to a study by Technomic, Inc., a Chicago-based foodservice consultancy, Amazon was recognized as a leading source for online purchases from foodservice operators. The 2018 E-Sourcing Impact Study indicates that over 40 percent of foodservice operators indicated using e-sourcing at least once per month. E-sourcing will not become the primary source of purchases for operators… Labor shortages will continue to impact foodservice distributors, in addition to their restaurant operator customers.
Top distributors may face slowing demand from independent restaurants According to a study by Technomic, Inc., a Chicago-based foodservice consultancy, Amazon was recognized as a leading source for online purchases from foodservice operators. The […]
Restaurant big data has a myriad of uses that gives marketers the upper hand Big data is making a significant impact on decisions made in the restaurant industry. A saturation […]
Restaurant data is helping chains grow. There are several high-impact uses: to analyze data to customize the guest experience, to create offers and marketing campaigns with a higher value proposition, to understand social sentiment and to learn from such feedback using text data analysis, and to create predictive analysis to create better food delivery experiences for customers. Predictive analysis, social sentiment... tools in restaurant data.
Cava has completed the acquisition of Zoe's Kitchen, according to an announcement from Cava November 21. Zoe’s shareholders received $12.75 per share in the all-cash transaction. Panera Founder Ron Shaich had backed the deal, which was funded by his Act II Holdings investment... SWaN & Legend Venture Partners and Revolution Growth.