Restaurants

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Taco Bell Adding AI Voice Ordering to Hundreds of Drive-Thrus
Taco Bell Adding AI Voice Ordering to Hundreds of Drive-Thrus
July 31, 2024  |  Voice Activation

Taco Bell will add AI voice technology to hundreds of its drive-thrus by year’s end. It’s part of parent Yum! Brands’ plans to integrate voice...

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Starbucks’ Mobile Outage Compounds Financial Woes as Q3 Sales Decline
Starbucks’ Mobile Outage Compounds Financial Woes as Q3 Sales Decline
July 30, 2024  |  Earnings

Some Starbucks customers faced a disruption on Tuesday (July 30) as the company’s mobile ordering system failed for the second time this month. The outage,...

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Blackbird Labs Debuts Check-Settlement Platform for Restaurants
Blackbird Labs Debuts Check-Settlement Platform for Restaurants
July 30, 2024  |  Restaurant innovation

Hospitality tech firm Blackbird Labs has launched a new payments product for restaurants. “Powered by Blackbird’s new blockchain, the Blackbird Flynet, Blackbird Pay gives restaurants...

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McDonald’s Sees ‘Trade Down’ as Paycheck-to-Paycheck Pressures Rise
McDonald’s Sees ‘Trade Down’ as Paycheck-to-Paycheck Pressures Rise
July 29, 2024  |  Earnings

McDonald’s sales fell for the first time since 2020 as lower-income consumers stayed home. The fast food giant released quarterly earnings Monday (July 29) showing a 1% dip...

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Square Teams With US Foods as Restaurants Face Digital Opportunities
Square Teams With US Foods as Restaurants Face Digital Opportunities
July 25, 2024  |  Partnerships

Square has launched a partnership with foodservice distributor US Foods. “For over a decade, hundreds of thousands of food and beverage businesses have relied on...

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Amex Courts Gen Z and Millennial Diners With Gold Card Updates
Amex Courts Gen Z and Millennial Diners With Gold Card Updates
July 25, 2024  |  Credit Cards

American Express is hoping to attract younger consumers with its latest card update. Amex on Thursday (July 25) announced a new version of its Consumer Gold Card, offering...

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3 Big Ideas From PYMNTS Intelligence’s Restaurants’ Digital Transformation Report
3 Big Ideas From PYMNTS Intelligence’s Restaurants’ Digital Transformation Report
July 24, 2024  |  Restaurant innovation

The restaurant industry faces a pivotal opportunity with the rise of frictionless digital payments, responding to growing customer demand for convenience. Despite these advancements, adoption...

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Coca-Cola’s Revenues Grow 15% Despite ‘Soft Spots’ Among Consumers
Coca-Cola’s Revenues Grow 15% Despite ‘Soft Spots’ Among Consumers
July 23, 2024  |  Earnings

Consumer caution does not seem to be hurting the Coca-Cola Company. The food and beverage giant released earnings Tuesday (July 23) showing its organic revenues growing 15%, with...

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Gen Z Drives Travel Spending Surge for Live Events
Gen Z Drives Travel Spending Surge for Live Events
July 22, 2024  |  Travel Payments

As young consumers look for meaningful, in-person experiences, more are traveling for ticketed events, driving vacation spending. A recent report from Allianz Partners found that...

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