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Top Stories - 7.5.2019

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Research: Restaurant Digital Orders Up By Almost One-Quarter Over the Past Four Years

Research: Restaurant Digital Orders Up By Almost One-Quarter Over the Past Four Years

Restaurant digital orders, which are defined by meals or snacks ordered via mobile app, internet, or text message, have grown by almost one-quarter (23 percent) over the past four years and now represent 3.1 billion visits and $26.8 billion dollars, according to new research conducted by The NPD Group. According to NPD, digital restaurant orders will continue to grow by …
Five Ways U.S. Food and Beverage Brands are Using Technology to Drive International Success

Five Ways U.S. Food and Beverage Brands are Using Technology to Drive International Success

In today’s modern restaurant, the rise of the Millennial generation has greatly impacted how restaurant franchises adapt technologically in order to win the attention, business and loyalty of the international customer. One of the driving forces behind this need to advance is the global Millennial generation, who lives on data and information. If a franchise does not adopt technology solutions …
4 Tips for Boosting Foot Traffic to Your Restaurant (and How Technology Can Help)

4 Tips for Boosting Foot Traffic to Your Restaurant (and How Technology Can Help)

A restaurant can offer the best food and service in town and yet none of it will matter if the restaurant doesn’t manage to draw a steady flow of foot traffic. It's a frustrating dilemma, particularly when it often feels like a simple luck of the draw between which restaurants get a generous influx of visitors and which don’t. Restaurant …
In Expanding Its AI Conversational Platform, Good Times Burgers Talks The Talk

In Expanding Its AI Conversational Platform, Good Times Burgers Talks The Talk

Good Times Burgers & Frozen Custard, a quick service drive thru chain in Denver, Colorado, has spent recent months proving that a small restaurant group can advance the frontier on next-generation restaurant technologies just as well as any of the major chains. Now the company has announced the expansion of its conversational AI platform from pilot testing for breakfast into …
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xtraCHEF Enhances Its Restaurant Management Platform With Inventory and Order Management Solutions

xtraCHEF, a cloud-based restaurant management platform that offers best-in-class Accounts Payable (AP) automation alongside back-of-house business and operational intelligence, has announced its latest product release featuring a state-of-the-art Restaurant Inventory Management solution. The company has combined the power of its industry leading data extraction technology with a simple, easy-to-use interface to provide restaurant operators a new way to manage inventory. …

Upserve Launches Its Free Restaurant Marketing Grader Tool

Upserve recently launched its Restaurant Marketing Grader, a free tool that helps restaurants identify gaps in their digital marketing efforts and identifies practical ways for them to boost their online impact. The Upserve Restaurant Marketing Grader is simple to use. Restaurant owners and managers just need to input the name of their business, and they are automatically given their overall …

Restaurant365 Closes $88 Million Funding Round to Expand Operations

Restaurant365 announced today that it has closed an $88 million minority investment led by ICONIQ Capital, a Silicon Valley growth equity firm. This marks Restaurant365’s third round of funding after closing nearly $40 million in Series A and Series B financing with a minority investment in January 2018 and January 2019. Restaurant365 bills itself as the world’s only all-in-one, cloud-based, …

Coca-Cola's Digital Marketplace, Powered by Omnivore, to Connect Restaurants to Technology Solutions

Coca-Cola North America has a long history of providing restaurant owners with value-add products and services. Coca-Cola-branded cash registers, first introduced in the 1930s, are a good example. Today, the world's largest beverage company is focusing on a different breed of technology solutions. One such solution, announced this week, is a digital marketplace that will connect the company's foodservice customers …

To Sustainably Manage Food Waste, The Government Palace of Chile Installs Power Knot LFC Biodigester

Power Knot, the market leader in products that process waste food in commercial foodservice operations, has announced that the Government Palace of Chile has installed its Power Knot LFC biodigester. El Palacio de la Moneda, located in Santiago, is the seat of the President of the Republic of Chile, and is essentially the equivalent of the United States’ White House. …

Spotlight Interview: John Moody, Co-founder, Restaurant365

John Moody is co-founder of Restaurant365, which offers the world’s only all-in-one, cloud-based, restaurant-specific accounting, back office and reporting solution. Moody earned his MBA from Pepperdine University, and has more than 20 years of experience helping companies leverage technology to streamline operations, improve financial management and use actionable reporting. In 2001, Moody launched Dynamic Methods with Restaurant365 co-founder Morgan Harris, …

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