The Future of Technology and the Supply Chain
With today’s technology, blockchain and artificial intelligence are some of the unique ways to achieve supply chain solutions.
Generational Differences Impact the Way Customers Prefer to Order and Dine
According to a recent study by Near, 72% of respondents shared that they still like the more traditional waiter experience, while 17% liked QR code ordering and 18% preferred kiosk ordering.
The Global Paper Cup Market Is Expected to Reach $37.2 Billion by 2032
According to a recent report by Future Market Insights, the global paper cup lids market is expected to reach $37.2 billion by 2032 growing at a moderate CAGR of 3.9% overtime.
New China-Scotland Direct Ocean Freight Line Set to Sail
According to the BBC, “The new service aims to cut the journey time from about 60 days to an estimated 33 by eliminating unscheduled port congestion delays in Rotterdam.”
Dine-In at Restaurants Is on the Decline, While Take-Out Rises Up
According to a recent study by Presto Pulse, 25% of those surveyed are more likely to use dine-in compared to last year, and 46% are more likely to order takeout
Delivered July 16th
Recently, there has been a decrease of food delivery app usage. According to a recent survey by eduMe, consumers have higher expectations when they order food for delivery. In fact, 1 in four Americans will request a refund after having a negative experience from their delivery experience.
Delivered July 14th
Restaurant menu prices have continued to reach new highs due to inflation. According to the Bureau of Labor Statistics, full-service meal prices increased 8.9% while quick-service menus increased 7.4%. Customers and restaurants across America are feeling the inflation pressure.
Delivered July 8th
Kiosks are shaping the modern foodservice and retail landscapes by attracting users and serving them a purpose. Kiosks have the ability to end employee shortages, offer a personalized experience, help restaurants to become cashless, and manage systems remotely.
Delivered July 7th
Gen Z is eating out at restaurants less than other generations, but why? According to a recent report by The NPD Group, part of this is due to the COVID-19 pandemic, but that’s not the only reason.
Delivered July 5th
According to Daren Bakst, senior fellow at The Heritage Foundation’s Center for Energy, Climate, and Environment, food prices in May 2022 were 10.1% higher than prices of May 2021.