Did McDonald’s $5 Value Meal bring customers back? Here’s what the data shows.
Traffic rose in the days following the promotion launch, but customers still view pricing negatively at McDonald’s…
Read articleTraffic rose in the days following the promotion launch, but customers still view pricing negatively at McDonald’s…
Read articlePrices have been climbing on restaurant menu boards for much of the year to offset spikes in food and labor costs, but that doesn’t mean diners are used to the strain on their wallets. As a result, major restaurant chains are walking a tightrope — charge enough to protect the bottom line without alienating customers…
Read articleChipotle surpassed 3,000 locations during Q1 2022, with its store count increasing by a net of 48 units during the period to 3,014 total,. Of the 51 new units opened during the quarter, 42 of these locations include a Chipotlane, a model the company has aggressively expanded for several years due to the higher revenue,…
Read articleDive Brief:Just Eat Takeaway is “exploring the introduction of a strategic partner into and/or the partial or full sale of Grubhub,” the company said in its Q1 2022 earnings release on Wednesday. JET originally bought Grubhub in 2020.JET CEO Jitse Groen confirmed with analysts on the call that management is having active discussions around Grubhub,…
Read articleMajor aggregators are rolling out white labels, subscription programs and new data tools to keep partner restaurants and delivery customers as more diners order from operators directly. Over the past two years, third-party delivery aggregators made a feast of the pandemic environment that threatened so many restaurant operators with famine.
Read articleBoth chains reported double-digit same-store sales growth last year, but delivery aggregators’ growing market share could complicate strategies when pizza sales return to normal levels. The competitive advantages pizza chains like Domino’s and Papa John’s had in 2020 are coming to an end. The pandemic propelled many restaurants to pivot to online ordering and delivery,…
Read article