by Bernadette Heier | Feb 16, 2024 | News
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...
by Tom Kaiser | Dec 6, 2023 | Finance, News, Top Stories
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...
by Bernadette Heier | Nov 7, 2023 | News
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...
by Tom Kaiser | Oct 18, 2023 | News
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...
by Tom Kaiser | Oct 4, 2023 | News
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...