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Business Strategy and Profitability News & Media

Online Grocery Soars as Customer Satisfaction Falls

The growth of online food ordering is nothing short of staggering. In March 2020, consumers shifted the ways they shopped overnight - and there has been no…

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Wendy's Q4 results miss estimates ... barely

March 3, 2021

Although Wendy's Q4 adjusted EPS fell a penny short of analysts' estimates of 18 cents per share, the company managed to exceed the previous year's quarterly…

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Wendy's boosts quarterly dividend increase 29%

February 24, 2021

The Wendy's Company board authorized a 29% increase in the QSR's quarterly cash dividend rate, taking it from 7 cents to 9 cents per share, according to a news…

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A New Way to Work With Third-Party Partners

Many restaurants have chosen to use strictly in-store drivers, while others have chosen to rely on third-party providers. 2021 is ripe for a hybrid trend to…

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SBA to have exclusive PPP loan application for small firms

February 22, 2021

Businesses with less than 20 employees can apply for coronavirus relief for 14 days starting Wednesday, according to a report in The Wall Street Journal.

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Time-tested Restaurant Technologies for a New Normal

Restaurant operators need all the help they can get while trying to cope with the COVID-19 pandemic. Some of the tools they can use may already be in their…

Presented by FastCasual.com

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DoorDash restaurant grant program open to applicants

January 27, 2021

Restaurants in select U.S. states and Canada provinces, seeking relief due to the devastating business impact of COVID-19, can now apply to DoorDash's…

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Plant Power Fast Food names sustainability expert as CFO

January 19, 2021

Plant Power Restaurant Group has named Edmund Har, an expert in sustainability, as its top financial executive, according to a news release.

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Free webinar: How restaurants can use AI to become more agile

by S.A. Whitehead — Food Editor, Net World Media Group

In a pandemic-stricken restaurant environment, staying nimble means staying in business. And for QSRs, AI and machine learning is proving to be one of the best…

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'The 10-year prototype is dead,' plus other 2021 QSR predictions

by S.A. Whitehead — Food Editor, Net World Media Group

Restaurant vendors give their takes on how quick-service operation is changing and what that means for restaurant leaders.

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Wings Pizza n Things Manages High-Volume Sales, Has a Reliable Total Solution with Paradise POS

When sports fans in Temple, Texas, want to enjoy great food while watching the game, they head for Wings Pizza n Things. Voted the best wings in central Texas…

Presented by Star Micronics America

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McDonald's chicken strategy: Not just a sandwich, an entire platform

by S.A. Whitehead — Food Editor, Net World Media Group

When McDonald's officially starts selling its Crispy Chicken Sandwich in late February, it's not only responding to the pleas of franchisees over the last year…

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How restaurant chains can thrive, not just survive, with the right technology foundation

Seizing the opportunities and surmounting the challenges restaurants face will require nimble and cost-effective processes enabled by secure and resilient data…

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Six technology trends to help restaurants rebound in 2021

As this era of unpredictability ensues, the ways in which restaurants work to overcome the pandemic continues to evolve, too. Here are six technology trends…

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Taco Bell, A&W CEOs among those sharing 2020 lessons learned

by S.A. Whitehead — Food Editor, Net World Media Group

Granted, there's not much to love, let alone like about 2020 in the restaurant universe or elsewhere. But under the heading of pain so often bringing gain, we…

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NRA to Congress: 'Restaurants in economic free fall'

December 7, 2020

In a letter to congressional leadership, the National Restaurant Association said Monday that the restaurant industry is in an "economic free fall" and…

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The virtues of virtual kitchens, plus a few myths revealed

by S.A. Whitehead — Food Editor, Net World Media Group

Restaurateurs are popping out virtual brands today like candy from a Pez dispenser, leaving more than a few misconceptions about these concepts in their wake.

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In-N-Out Burger draws huge lines at Colorado openings

November 23, 2020

Colorado residents stood in line for hours to be among the first to grab a meal at In-N-Out Burger locations when the brand launched its two initial stores in…

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Report: Restaurant guests want loyalty programs, online ordering

November 23, 2020

A hefty majority of restaurant goers, 93 million, would spend more in a restaurant offering loyalty and online ordering, according to a Paytronix Systems, Inc.

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7-Eleven launches Laredo Taco restaurant in Florida

November 23, 2020

Mega convenience retailer 7-Eleven is launching the first of 15-plus Laredo Taco restaurants, featuring authentic Mexican food, in Florida this month.

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