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QSRs Provide Fresh Look At Retail Innovation Trends

PYMNTS

For a glimpse at how innovation is playing out in the retail world, it always helps to take a look at recent developments in the world of quick-service restaurants, or QSRs. And things are getting much more mobile and digital – a trend that promises to play out in the new decade. That includes not only operations in the U.S.

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New Tech Combines To Make Grocery Shopping More Innovative

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The grocery battles are heating up in retail, and that is sparking innovation and could lead to even more disruption. Some of that was on display at the NRF retail show in New York City earlier this week. 14), is not the only place where grocery store innovation is coming from. Walmart’s Big Move. Consumer Needs.

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Tapping Into The Digital Economy With Restaurant Innovations

PYMNTS

In a bid to serve customers through digital channels, quick-service restaurants (QSRs) are rolling out new innovations. In one new approach, some QSRs are offering delivery beyond the home and office. company-operated transactions, the company said in its financial report. Only a few – or 3.3 One in 10 – or 10.4

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True Food Innovations Buys Assets Of Chef’d

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After recently suspending its operations due to financial difficulties, meal kit company Chef’d has found a buyer. True Food Innovations has reportedly bought Chef’d’s assets after it closed suddenly on July 16, The Wall Street Journal reported. Consequently, please cease all work associated with Chef’d.”

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Ex-Uber Jump Manager Joins Amazon's eBike Unit

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Amazon has poached former Uber manager Alex Vickers and Justin Ginsburgh , known for starting New York's Citi Bike bikeshare service, to helm its eBike delivery team, CNBC reported. The move shows Amazon potentially moving more into last-mile delivery innovations, with the bikes a possible source of deliveries.

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More Retailers Are Checking Into Hotels In Search Of Innovation

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Luxury fitness brand Equinox is set next month to open its first hotel in New York City, “with more on the horizon in Seattle, Houston, Chicago, Los Angeles and Santa Clara, Calif.,” As well, the furnishings brand RH, formerly known as Restoration Hardware, plans to open RH Guesthouse in New York in the fall.

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WeWork Makes Its Pitch As An Innovation Enabler

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The innovation economy requires more than caffeine and collaboration for fuel. WeWork also wants to make a bigger name for itself as an enabler of innovation. Innovation Program. Coffee Meets Bagel has recently set up operations in Seattle — its first office outside San Francisco — and used WeWork space for that.