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Restaurant Operator Blames Bankruptcy On Wage Hike

PYMNTS

an eatery operator with 35 restaurants, has filed for bankruptcy and is blaming the misfortune on a recent minimum wage hike in court filings, according to a report by Bloomberg. A few factors affected the filing, including the lackluster opening of two new restaurants and a growing trend of people moving away from casual dining.

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As Virtual And Augmented Reality Rise, Retail Use Cases Come Into Focus

PYMNTS

These are still early days but trends are coming together — and expectations are rising, thanks not only the evolution of AR and VR technology, but the coming deployments of 5G mobile network ecosystems. Larger Trends. Codenamed Orion, the glasses are currently being developed in Facebook’s labs in Redmond, Washington.

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REPORT: The QSR’s Digital Checklist For Surviving The Long Haul

PYMNTS

The delivery sector is setting record revenues as dining rooms are operating at limited capacity, but this trend was in the works long before the pandemic began. cities, including Boston, Chicago, New York and Washington, D.C. Developments From The Order To Eat World. About The Tracker.

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Using Airbnb’s Playbook To Give Corporate Housing A Digital Makeover

PYMNTS

Or maybe a relatively bland extended-stay operation right off the interstate. To learn more about the trend, PYMNTS recently caught up with Kulveer Taggar, co-founder and CEO of Zeus , a digital and mobile-focused operation that puts business travelers into furnished housing that Zeus rents from owners.

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PSCU Says CU Spending Up With Stimulus Funds Arriving

PYMNTS

Credit union service organization (CUSO) PSCU compared the week ending April 19, 2020, to the same time frame in 2019 to discover what impact the coronavirus is having on consumer spending and shopping trends. In hot zone areas where the coronavirus hit the hardest — California, Connecticut, Washington D.C., percent, PSCU noted.

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Restaurants’ Future to Include Robots and Drones

PYMNTS

As freestanding kiosks and mobile order ahead have popped up over the past few years, Tauzin shared the rising trend of digital restaurants. This new development means that these restaurants have zero customer seating and operate purely on a delivery-only model using a third party for delivery. Think Uber Eats or Grub Hub.

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More Retailers Are Checking Into Hotels In Search Of Innovation

PYMNTS

One of the latest — and perhaps wildest — examples of the hotel-retail trend comes from Taco Bell, of all places. Deeper Trend. Sure, that might be a relatively brief stunt, but the hotel-retail trend has deeper pull than that, as documented recently by the Washington Post. according to the report. and Portland, Maine.

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