Increasing Price is Essential, But How Much Are Consumers Willing to Pay?
Restaurant operators can be scared to raise prices. Sure, it can make up for labor costs and inflation, but how will it impact consumer trends in the long term? To keep customers loyal to a brand, operators might go longer than they should without increasing menu...
New Grubhub Owner Wonder Raises Another $600 Million
Wonder doesn’t look like it’s slowing down anytime soon. The food hall startup just raised another $600 million, according to a LinkedIn post from CEO Marc Lore. The latest funding boosts Wonder’s valuation to over $7 billion. It follows a $700 million equity...
Autolane Launches Curbside Operating System for Autonomous Food Delivery
If the future of QSR-food delivery is parking lots designed for the movement of autonomous vehicles, operators are going to need a tech provider to orchestrate things. Autolane is carving out this space with the launch of OpenCurb OS, a curbwide operating system that...
Operators Who Want Young Consumers Need To Market Appropriately
Let’s just state the obvious. If you want to capture the interest of Gen Z, an ad on a local TV channel or a neighborhood billboard won’t cut it. “You can’t market to everyone at the same time,” said Geoff Alexander, president and CEO of Wow Bao, during a panel...
Restaurant Operators Accelerate Digital Pace to Match Online, Off-Prem Orders
The digitization of restaurants continues to happen at a rapid rate, meaning restaurant leaders have to keep their heads on a swivel, or else get left behind. Christophe Poirier, chief concept officer for KFC’s spin-off Saucy, gave that sentiment Tuesday during a...
Outstanding Operators
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.