Prices consumers paid for food away from home (meals from restaurants) increased 8.5 percent year-over-year in November, according to the final Consumer Price Index (CPI) report of 2022. The data remains almost unchanged to the prior month’s 8.6 percent index....
Virturant, a virtual restaurant provider, has launched a new upgrade to its software-as-a-service platform aimed at helping restaurant operators reconcile their third-party delivery orders. Called Rapid-Reconcile, it is designed to instantly process thousands of...
When it comes to pricing, it’s the “topic on every restaurant, every company, and every CEO’s mind,” said Dylan Bolden, managing director and senior partner at Boston Consulting Group. Moderated by Alan Hickok of Boston Consulting Group,...
Olo’s third-quarter financial results brought a mixed bag of milestones for the New York-based delivery integration provider. Total revenues increased 26 percent year-over-year to $47.3 million, but its net loss was $14.6 million, which compares to a net loss of $11.3...
Presto Automation has merged with shell company Ventoux to go public in one of the few successful SPAC deals in recent months, raising about $120 million from the public as well as a strategic investment from Cleveland Avenue and others and an infusion from...
With customer data as the holy grail in restaurants, Bikky is urging operators to use this information at a higher level than just retargeting customers. With access to more data sources than ever, the New York-based startup says restaurants should use detailed guest...
Food On Demand Outstanding Operators features restaurant brands with innovative operations that are taking creative paths to success with delivery and all things off-premises.