Lunchbox, the online ordering engine and web-based marketing provider, has introduced Catering 2.0, a management suite for restaurants aimed to streamline the guest catering experience. Catering 2.0 integrates catering management into the same system as restaurants’ everyday orders, allowing businesses to better manage guest relationships and customize their operations. “Restaurants often use one partner for …
Tag Archives: trends
Uber Eats is shutting down thousands of virtual restaurants to make the app less spammy
Uber Eats is delisting some of the delivery-only restaurants on its app to help weed out low-quality listings, as first reported by The Wall Street Journal. The company has confirmed to The Verge that it’s introducing a new set of standards for virtual restaurants that should help cut down on listings that sometimes contain the same menu. Virtual restaurants, which are …
Olo CEO: End-to-End Personalization of Restaurant Experience Is Already Possible
Fully personalized dining experiences are already possible once restaurants and customers get onboard, according to Olo. In an interview with PYMNTS, Noah Glass, CEO of the restaurant technology platform, said the company’s vision of the Restaurant of the Future, wherein customers are identified every step of the way and restaurants personalize the experience to their habits and preferences, …
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Olo introduces tiered system for integration partners
Restaurant tech supplier Olo is introducing a tiered system for integration partners that will change how vendors are presented and offer them more support from the company. The basic idea behind Olo Connect is to help Olo’s integration partners—companies that have connected their apps to Olo’s—work better with its restaurant clients by giving them more …
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Food Rocket Ceases Operations as Ultra-fast Grocery Delivery Fizzles
Rapid grocery delivery startup Food Rocket has ceased operations, marking the latest in the ultra-fast sector to sputter out. The company stated that in spite of overall profitability, it has exhausted its funding and ran out of capital while struggling to raise additional funding. It adds that the recent downturn in capital markets made it …
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State of Restaurant Industry Reports $997B in Sales, Tech Adoption Up
Foodservice industry sales are to reach $997 billion in 2023, according to the “2023 State of the Restaurant Industry Report” by the National Restaurant Association. That’s up $60 billion from last year’s report, driven in-part by higher menu prices and increased demand. The annual survey highlights several “pandemic pivots” that have become permanent, including the expansion …
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Noodles & Company to test dynamic pricing
Dive Brief: Dive Insight: Noodles expects pricing to moderate in the back half of the year, but supply chain uncertainties, the possibility of rising labor costs and continued inflation pressure may override that assumption. Noodles did not immediately confirm to Restaurant Dive if it has already started implementing dynamic pricing, or the range of changes in pricing …
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How Uber Eats is evolving its brand beyond food delivery into anything on-demand
As one of Uber Eats’ best markets globally, Australia is leading the way as the brand evolves beyond food delivery into “almost, almost anything”. The Drum speaks to Uber Eats’ ANZ director of marketing Andy Morley, Uber Eats senior marketing manager and brand lead Channa Goonasekara, and Special Group APAC head of strategy, Celia Garforth …
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As demand for Domino’s, Papa John’s slips, independent pizzerias aren’t seeing ‘softness in pizza’: Slice CEO
‘We’re not seeing softness in pizza,’ Slice CEO says and how you were able to sort of corral all this data together. Americans love their local pizza shops and aren’t pulling back amid inflation, per the CEO of Slice, a company that aims to “modernize” independent pizzerias by providing tech and delivery services. “It’s fascinating to …
Olo Increases Revenue as Net Loss Widens
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 million (or $0.08 per share) a year ago. Its results highlighted a total of …