Toast announced it has laid off 550 employees, roughly 10 percent of its staff. The Boston-based, restaurant technology company states the move is part of a restructuring plan to lower operating costs. In an earnings call Thursday, Toast CEO Aman Narang said the...
For Qu CEO Amir Hudda, the recent funding announcement from Danny Meyer’s Enlightened Hospitality Investments is transformative, and brings a credibility factor to the point-of-sale player that’s about “something more than capital.” “Having somebody like Danny Meyer...
POS giant Toast has launched a mobile app for restaurant operators—a highly requested tool among users. The Toast Now app allows operators to run restaurant operations from their phones by gaining visibility into real-time sales, traffic and labor data. The app...
As big-name restaurant tech players like Olo, Toast and Par grow their footprints and bring a raft of new features onto their platforms, loyalty and guest engagement provider Thanx sees an opening as one legacy brand shutters a portion of its business and a growing...
After some restaurants objected to Toast charging consumers a 99-cent fee for certain online orders, and then recanted just days later, Tray sees an opening for its approach of bringing cloud-based features to legacy hardware systems with no mandated credit card...
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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.