Restaurant News | Restaurant Dive
WEBUber expands robotic delivery. Beginning this week, Coco will start delivering for Uber Eats in Los Angeles with additional cities forthcoming. Restaurant Dive has the latest news in the restaurant industry, covering topics like consumer trends, technology, marketing and branding, operations, mergers & acquisitions, and more.
House, Senate introduce bills adding $40B to RRF - Restaurant Dive
WEBUPDATE: April 6, 2022: Sen. Benjamin Cardin (D-MD) introduced a bill similar to the one before the House Tuesday night. Cardin’s bill, S.4008, would provide $40 billion in additional funding for the Restaurant Revitalization Fund. It includes greater auditing requirements for restaurant grants to prevent fraud, as well as new transparency and ...
Portillo’s targets 920 future units, up from 600 - Restaurant Dive
WEBSep 22, 2023 · Portillo’s, which has 77 full-scale restaurants in 10 states, increased the minimum number of stores it estimates it can open from 600 to 920, the company wrote in an email to Restaurant Dive. This estimated target store count includes 800 full-sized restaurants and 120 pickup units, walk-up stores for urban areas and other alternative ...
KFC US launches points-based digital rewards program
WEBFeb 6, 2024 · Dive Insight: The launch of KFC Rewards will further parent company Yum’s strategy to boost digital sales, which grew 20% and reached $7 billion Q3 2023, CEO David Gibbs said during a November earnings call. The KFC Rewards program is only available for digital purchases, providing an extra incentive for customers to order online.
Why Chipotlanes are Chipotle’s future | Restaurant Dive
WEBNov 21, 2022 · It is also targeting 255 to 285 restaurant openings in 2023, and 80% of new restaurants in 2022 and 2023 will feature Chipotlanes. This channel, which generates roughly 15% higher sales than a traditional Chipotle restaurant, led to a shift in real estate, construction and labor strategy, Zalotrawala said. “Our priority for development will ...
How bad is restaurant inflation? Here’s what the data shows.
WEBNov 3, 2022 · Visits to full-service restaurants were down 18.2% during the last week of September compared to the same week in 2019, and down 6% in 2021, according to Placer.ai data emailed to Restaurant Dive. Comparatively, QSR and fast food chains saw visits decline 7.1% that same week compared to …
DoorDash launches 3-tiered commission fee structure
WEBApr 27, 2021 · The plans are priced at 15%, 25% and 30% commissions for DoorDash and Caviar partners, and were tested for the past six months, the company said on a media call Monday. The delivery firm is also lowering pickup fees to 6% from 15% across all plans. DoorDash’s Storefront offering is now free to all restaurants aside from payment processing fees.
Bonchon breaks its franchising record | Restaurant Dive
WEBAug 16, 2024 · Bonchon has signed development deals covering 44 units and 12 new franchisees so far this year, surpassing its 2023 total with four and a half months left to go in 2024, the company announced Wednesday. The brand signed 25 development deals for U.S. stores in Q2 2024, according to the press release. Bonchon attributed its …
Tabletop tech speeds up service and boosts profits, study says
WEBAug 5, 2019 · Tabletop devices improved average sales per party by 1% and corresponded to a profit boost of $1 million per month at a full-service casual restaurant chain, according to a study recently published in the peer-reviewed journal Management Science. Used to speed up customers’ wait times and turnover, the tablet technology allowed customers to ...
How Qdoba is plotting growth in Chipotle’s shadow
WEBJan 11, 2024 · According to Modern Restaurant Concepts CFO Mel Tucker, who joined the company in April 2022, the brand’s average unit volumes have grown 30% since 2019, with 70% of that growth from pricing and 30% from increased traffic. Tucker said the company’s units cost about $800,000 to build out, on average, and offer a relatively strong return.