Restaurant innovation

Restaurant innovation
Curbside Pickup Leads the Restaurant Industry’s Digital Shift
November 20, 2023

As restaurants increasingly adopt tech features, curbside pickup is proving to be the most common digital offering. By the Numbers Most restaurants now offer curbside pickup. According to a PYMNTS Intelligence study last year, 55% of all restaurants have implemented curbside pickup, and that share...

Restaurant innovation
Digital Transformation Prompts Small Restaurants to Streamline Holiday Menus
November 20, 2023

As the rise of digital ordering has increased the popularity of restaurant takeout, independent restaurants are rethinking their holiday season menus for off-premises optimization. In an interview with PYMNTS, Randy Ramdass, operational manager of HAAM, a plant-based restaurant in Brooklyn, New York, spoke to how...

Restaurant innovation
1 in 7 Consumers Chooses Ghost Kitchens to Skip Social Interaction
November 15, 2023

While the majority of consumers are not sold on ghost kitchens, a significant portion relishes the reprieve that the all-digital model gives from face-to-face interaction. By the Numbers The PYMNTS Intelligence report, “Connected Dining: The Robot Will Take Your Order Now,” drew from a survey...

Restaurant innovation
‘Friends’ Central Perk Coffeehouse Opens as Brands Look for Consumer Connections
November 14, 2023

Warner Bros. Discovery is becoming the latest company to open a themed restaurant to deepen consumers’ connection with their brands, bringing a “Friends”-themed coffeeshop to Boston. The first Central Perk Coffeehouse opened in the city Tuesday (Nov. 14), inspired by the shop of the same...

Restaurant innovation
High-Income Consumers Turn to Restaurant-Finding Apps While Traveling
November 08, 2023

As restaurants look to reach tourists and travelers, PYMNTS Intelligence revealed that digital platforms can help them influence high-income diners. By the Numbers The latest installment of the PYMNTS Intelligence Connected Dining series, “Tracking the Impact of Digital Tools on Food Tourism and Travel Preferences,”...

Restaurant innovation
Shake Shack’s Self-Service Kiosks Boost Profitability and Efficiency
November 06, 2023

Shake Shack, the fast-casual restaurant chain, has had success with its use of kiosks. These self-service ordering stations have helped the company reduce labor hours and proven to be a high-margin channel, contributing to improved profitability. According to analyst Peter Saleh from BTIG, Shake Shack...

Restaurant innovation
Yum Brands to Leverage Cross-Brand Data Amid ‘100%’ Digital Transformation
November 01, 2023

Yum Brands is going all-in on data in its ongoing efforts to have “100% of sales powered by digital,” gearing up to combine insights across all its brands. On a third-quarter earnings call Wednesday (Nov. 1), executives from the quick-service restaurant (QSR) giant, the parent...

Restaurant innovation
Restaurants’ Digital Transformation Hits a Snag
October 30, 2023

As more of consumers’ daily routines are transformed by digital technologies, the restaurant industry’s digitization is actually taking a step back, PYMNTS Intelligence reveals. By the Numbers PYMNTS Intelligence’s study “How the World Does Digital: Daily Digital Engagement Hits New Heights” drew from a survey...

Restaurant innovation
C3 CEO Says CPG-ification of Restaurants Drives ROI for Operators
October 27, 2023

As the restaurant industry increasingly shifts to omnichannel, virtual restaurant platform C3 is seizing on the opportunity to drive profitability by making quick-service restaurants (QSRs) menus hew more towards a consumer-packaged goods (CPG) model than cooking from scratch. In an interview with PYMNTS, Sam Nazarian, CEO...