NCR “Voyix” Update Article from Reforming Retail (which we highly recommend subscribing to). So basically, Mike Hayford was able to dissolve a 139-year-old institution which is something only a special person can do. His predecessor, Bill Nutti, was just as bad. The Legacy of Mike Hayford: Destroyed NCR while Underperforming Peers by 95% and Raking 140% Higher Compensation… Read More »
Panera Bread Restaurants 2023 update October 28, 2023 — This is an opinion review of Panera by Craig Keefner. Independent consultant and more times wrong than right (but sometimes right!) I’ve always been a big fan of Panera Bread and in particular Blaine Hurst who led the company for a very long time was CEO. Great service, responsible company and relatively… Read More »
Restaurant POS News Nice article from Reforming Retail — recommended The enterprise segment of the US restaurant market (we’re defining as > 200-location brands) has few players. Long sales cycles, demanding customers, and impossible delivery given the paltry amount restaurants pay for fuck-all make this a futile market to serve. But hey, who are we to poke fun… Read More »
Robot Waiters For Restaurants Nice video on future of robot waiters in restaurant industry. We also liked post covering the rise of robots in NYC. They are being used in several ways there. Will have to check them out when we go to NRF in January. Link to NY story. Writeup The restaurant industry is on the verge… Read More »
Nations Restaurant News is pretty good at this sort thing. 2021 Predictions Excerpt: New prototypes, the emergence of consumer-packaged goods, the new food hall and more trends Nation’s Restaurant News’ editors predict for the new year Expect to see more technology supporting touch-free interactions, even more expansion of virtual brands and off-premise sales, consumer-packaged goods coming from more… Read More »
From HospitalityTech Oct2020 — Naan & Kabob, a premium QSR and catering group in Toronto, launched a restaurant with kiosks and self-serve pickup cubbies. Here in the US there have been a few concepts using self-service ordering kiosks and pickup cubbies. Pioneers in the US space include Brightloom, formerly eatsa, and Little Caesars Pizza’s self-service mobile order pick-up station, known as the Pizza… Read More »
Self-Order with Geo-Fencing From National Restaurant News Sep2020 — The brand’s revamped app includes a new best in class rewards system; later this month, one-touch curbside pickup rolls out a year ahead of schedule as the chain eyes new off-premise solutions including the virtual kitchen space Excerpts The company began testing the new curbside feature a few weeks… Read More »
Excerpt from Nation’s Restaurant News — Of restaurant industry segments, the social-distancing requirements to stem the spread of the coronavirus have impacted few as deeply and profoundly as the once-high-touch full-service dining. Ron Ruggless | Jul 08, 2020 High touch has become no touch. Full service has become a fond memory. During the pandemic’s most severe dine-in restrictions, brands were… Read More »
From Cheddar Jun2020 By Taylor Craig SevenRooms, which works with hospitality venues like hotels and restaurants, has raised $50 million in a Series B funding round led by Providence Strategic Growth. Joel Montaniel, CEO & co-Founder at SevenRooms, announced the fresh injection of capital first on Cheddar Thursday morning, a feat particularly in the current economic climate. “It’s never… Read More »
From NRN News Jun2020 Restaurant chains across the country have not only begun to reopen dining rooms, but they are opening new units as a sign of hope for the future. Last week, BJ’s announced 85% of units were open for dining, and Bloomin’ announced that over 75% of stores are open. Meanwhile, companies like Panda Express, Dunkin’ and Taco Bell are hiring thousands of… Read More »
