- Tim Hortons U.S announced that they are launching two next-generation restaurants in hopes to lower costs and increase guest convenience and meet their needs. One of the restaurants is a 900-square-foot location that is a drive-thru only. This location is designed to increase speed and convenience of service. The second location is 1,600 square-feet with 24 seats located inside.
Source: QSR Magazine. Read the full article here.
- Having a loyalty program that is worthwhile can have a huge impact on your business. In an interview with QSR Web, some experts in the industry shared that in order to have a loyalty program that works for you is beneficial to your business you need to consider incentivizing the right behaviors, limit the loyalty, underst boundaries, and avoid restricting users to just an app.
Source: QSR Web. Read the full article here.
- Exporters have reported that India’s container availability has improved, and ocean freight rates have decreased up to 15%. According to the Federation of Indian Export Organization, India’s merchandise exports in the current fiscal year are around $475 billion which is 14% higher than the previous fiscal year.
Source: The Economic Times. Read the full article here.