Survey: Consumers spending 40% of food budget on restaurants

July 18, 2022

Consumers are still dining out despite rising costs and inflation, spending 40% of individual or family food budgets on restaurants each month. That's the…

Study finds convenience stores on par with QSRs

June 28, 2022

Are convenience stores the new QSRs? According to a study by Bluedot, a customer arrival platform, data from a deport indicates that consumers are putting…

Study: Dining at home will remain heightened through 2024

June 28, 2022

More people are eating at home due to rising costs. Dining at home peaked during the pandemic but has since normalized — but are still above the pre-pandemic…

QSR market to increase by $119.2B

June 28, 2022

The QSR market will increase by $119.2 billion from 2020 to 2025 with an accelerated CAGR of 3.55%, according to a recent market study by Technavio. The QSR…

Report: Consumers still dining out despite inflation

June 20, 2022

Diners are still flocking to fast food chains despite inflation, according to a Yahoo Finance report.

Webinar deep dives into restaurant recovery data

by Mandy Wolf Detwiler — Editor, Networld Media Group

The restaurant industry is slowly recovering. R.J. Hottovy of Placer deep-dives into the statistics and offers a glimpse into the mechanisms behind the…

Study finds food inflation greater at home than restaurants

June 15, 2022

Consumers who purchase food for home have generally experienced higher price increases relative to what they pay for meals at QSRs and fast-casual restaurants…

Fast food market to grow by $87.27B by 2025

June 1, 2022

The fast food market will observe an incremental growth of $87.27 billion between 2020 and 2025, according to a Technavio report that revealed the market…

Meal prices on the rise, customers tipping more

May 31, 2022

Despite inflation increasing the price of orders, Americans are tipping more and the average price of an order increased by 7%.

Using data to examine return of restaurant business

May 26, 2022

The restaurant industry has been hit hard by multiple challenges this year, including rising costs, supply chain issues and labor problems. Slowly but surely…

Report: digital orders make up one-third of restaurant sales

May 5, 2022

A new report from Patronix Systems Inc., a digital guests experience platform, found that digital orders have risen to one-third of total restaurant and…

Koala Creates a Cross-Selling Powerhouse for Restaurant Brands With the Introduction of Machine Learning

New algorithm enhances average check size and cross-sell conversions.

Mobile orders on rise, long pickup wait times lead to frustration

February 24, 2022

Mobile orders continue to rise and customers generally approve of restaurants' apps but longer wait times for mobile pickups and orders not ready at pickup are…

Restaurant gift card sales up in 2021, still down over 2019

February 8, 2022

Restaurant gift card sales were up 22% in 2021, compared to 2020, but still down 13% than 2019, according to Paytronix's Restaurant Gift Gard Sales Report 2022.

Consumer spending, restaurant visits rose in 2021

February 2, 2022

Consumer spending at restaurants grew by 16% in 2021 compared to a year ago when spending declined by 12% and was 2% above the pre-pandemic year ending…

Foodservice industry to hit $4.1T by 2026

January 24, 2022

The global food service industry is projected to reach a size of $4.1 trillion by 2026, growing at a compound annual growth rate of 5.4%, according to a press…

Essential Tools for Staff Engagement and Retention in Retail in 2022

Teams are under a huge amount of pressure. Staff engagement and retention seem like they've never been harder — or more important to prioritize. Sure, there…

Consumers plan to eat healthier in 2022

January 6, 2022

Forty-six percent of consumers want to eat healthier in 2022, making it the most highly-ranked lifestyle change, followed by working out more often and…

Survey: Pandemic permanently altered consumer-restaurant relationship

January 6, 2022

The pandemic has permanently altered the consumer-restaurant relationship with operators investing in technology — such as POS digital signage — and real…

2021 Has Been Koala’s Best Year in Platform History, Brand Highlights Company’s Growth

Industry leading platform supports restaurant industry growth through the pandemic era