Since the early 2000s, consumer spending in the quick-service restaurant sector has experienced near year-on-year growth, peaking in excess of $320 billion in 2022. This should excite the industry.
Although payment systems in quick service restaurants (QSRs) have never been more convenient for businesses and customers, there's growing concern over just how secure financial transactions are in ...
With employment continuing to improve and gas prices at a six-year low, many consumers are finding themselves with a little more money to spend. One way they’re choosing to spend it is on weekday ...
Quick-service restaurants face the tough and important challenge of meeting the changing preferences of Gen Z consumers, who have proven to be increasingly drawn to specialty dining experiences. They ...
Last month saw the release of the International Franchise Association (IFA)'s annual Economic Outlook report, a study of the franchise industry's performance in the U.S. over the past year and a ...
The quick-service restaurant sector has never been more crowded, with a wave of buzzy upstarts clashing with industry giants in a fight for customers with increasingly strained wallets. The battle for ...
Restaurant stocks have been on the defensive over the past 2 months, and while the erosion in the S&P 500 Restaurant Industry Index is clear, the reason why is less so. Data showing a deterioration in ...
After years of using six direct-mail coupon drops per year to drive customers in when a new product or limited-time offer was introduced, El Pollo Loco this year increased the number of coupon ...
Starbucks is sunsetting its mobile-order and pick-up-only store format as part of a strategy to elevate its café experience. China’s Luckin Coffee is the anti-Starbucks. Will it work in the U.S.?