Restaurant AI & Technology Report

The fast-casual chain announced that it would increase menu prices across the board by around 4% with another price increase scheduled for the summer. Chipotle customers are also complaining about receiving 'tiny' burritos and smaller portions even as the chain says it's raising prices. Meanwhile these decisions are coupled with rising bonus pay for CEO Brian Niccol and stock buybacks. Is Chipotle stock in trouble?

#Chipotle #CMG #BrianNiccol
~Chipotle Stock in Trouble? | Raising Prices, CEO Pay, Stock Buybacks, and Tiny Burritos! ~
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Manna Drone Delivery is making 3-minute air delivery a reality, whether you want food, medicine or anything you need in your local community. Using custom-developed aerospace grade drones, they deliver directly from restaurants and centralized kitchens to consumer's homes. Manna drones fly at an altitude of 80 meters and a speed of over 80kph - delivering within a 2km radius in less than 3 minutes.​ They're reducing delivery times to a fraction of their current times, greatly improving the consumer experience of food delivery, and saving lives as they take the dangerous process of road-based delivery into the skies.

Guest: Bobby Healy, CEO & Founder - Manna
Manna website ➜ http://bit.ly/MannaDrones

#Drones #Delivery #Manna
~Manna CEO interview | Drone Delivery As a Service~
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Beyond Meat (BYND) is a Los Angeles-based producer of plant-based meat substitutes founded in 2009 by Ethan Brown. The company has products designed to emulate beef, meatballs, ground meat, and pork sausage links and patties. Beyond Meat's innovation will be a key factor in its retail and dining expansion, however it appears it may get a bit of help from the WallStreetBets Gamestop/AMC crowd. It's looking like BYND will continue to 3x by 2022.

Beyond Meat website ➜ http://bit.ly/BYNDsite

#BYND #BeyondMeat #WallStreetBets
~Beyond Meat Price Will 3x by 2022 | BYND Stock Analysis~
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A common sight in ghost kitchens and restaurants is a wall of multiple ipads for online food orders. Deliverect integrates all your online orders to your existing point-of-sale and offers a suite of omni-channel restaurant management tools to perfect your operational flow both front and back of house. Deliverect has the ability to update all your online menus with just one click and provide insightful analytics and reporting. If you have no POS system, you can also run your sales directly from the Deliverect app and consolidate all your sales channels there.

Guest: Zhong Xu, Co-founder & CEO Deliverect
Deliverect website ➜ http://bit.ly/deliverect​

#GhostKitchen​ #DarkKitchen​ #POSsystem​
~Deliverect CEO interview | Ghost Kitchen Cloud-POS Solution~
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Get the latest restaurant and hospitality insider tips and education on saving your restaurant business in our FREE Virtual Event Platform 🎓 http://bit.ly/FoodableVirtual​

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Flytrex offers real world drone delivery service, today. Fully autonomous, regulatory approved and insured. Starting at 0.8c per mile. Walmart also began drone delivery with select grocery and household essential items from Walmart stores using Flytrex’s automated drones. The drones are controlled over the cloud using a smart and easy control dashboard. Using our wire release mechanism, orders are gently lowered from eighty feet. Flying at 32 mph without traffic or other impediments, they reach your backyard in a fraction of conventional food delivery time. Flytrex can carry up to 6.6 pounds (6-8 hamburgers) for a distance of 3.5 miles and back. We cruise at 32 miles per hour and fly at an altitude of 230 feet.

Guest: Yariv Bash , CEO Flytrex
Flyrex website ➜ http://bit.ly/Flytrexdrone​

#Flytrex​ #Drones​ #Delivery​
~Flytrex CEO interview | 5min Food Delivery Drone~
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Get the latest restaurant and hospitality insider tips and education on saving your restaurant business in our FREE Virtual Event Platform 🎓 http://bit.ly/FoodableVirtual​

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Sunday, is a new payment process for restaurant owners. The Sunday app provides QR Code payment for restaurant customers within 30 seconds. Sunday claims 15 min of time saved per table. 30% less expensive than other payment methods. +40% more tips. and +10% average basket. Sunday didn’t stop at the menu as it also connects directly to the cash register system. Sunday supports Oracle Micros, Brinks, Tiller, Zelty, Revo, CashPad, etc. The new startup is attracting some headlines as it has raised a $24 million seed round at a $140 million post-money valuation.

Guest: Christine de Wendel, CEO & Founder - Sunday
Sunday website ➜ http://bit.ly/Sundayapp​

Bookkeeping For Your Small Business ➜ https://bench.grsm.io/paulbarron8134​

#QRCode​ #Restaurants​ #MobilePayment​
~QR Code Payment For Restaurants | Sunday App CEO interview~
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Ghost Kitchen Brands freshly prepares well known food brands in one kitchen and location, optimized for online delivery and pick up. Ghost Kitchen Brands (GKB) recently announced it is teaming up with Walmart Canada, its first partnership with a big-box retailer to bring one-stop meal pickup and delivery to more Canadians. Customers can order freshly prepared meals in-store and online for contactless pickup or delivery (from a third-party app such as Uber Eats), and mix and match from more than 20 well-known brands including: Quiznos, The Cheesecake Factory, Saladworks, Beyond Meat, Nescafé and Ben & Jerry’s with more being added. All meals are prepared in one kitchen for one pickup or delivery.

Ghost Kitchen Brands website ➜ http://bit.ly/GKBrands​

Bookkeeping For Your Small Business ➜ https://bench.grsm.io/paulbarron8134​

#GhostKitchens​​ #Walmart​​ #FoodDelivery​
~Ghost Kitchen Brands interview | Multi-Brand Restaurant Meals in Walmart~
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The plant-based meat company Impossible Foods Inc. is rumoured to go public, expecting a valuation of $10 billion, as per reports. After a funding round in 2020, the California-based company valued at $4 billion. It may either file for an initial public offering in the next several months or merge with a Special Purpose Acquisition Company (SPAC). Impossible Foods has witnessed immense growth, with its products available in major fast food chains such as Burger King and Starbucks. It debuted its products through retail in 2019, and according to the Good Food Institute, the brand saw sales worth $7 billion in 2020. In 2018, Beyond Meat (BYND) became the first plant-based meat company to file for an IPO, which has a current market cap of $8.5 billion. On this stock analysis episode we delve into whether Impossible Foods will be a buy or sell on IPO launch.

Impossible Foods website ➜ http://bit.ly/ImpFoods​

Bookkeeping For Your Small Business ➜ https://bench.grsm.io/paulbarron8134​

#ImpossibleFoods​ #BYND​ #IPO​
~Impossible Foods IPO Stock Analysis | Buy or Sell~
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Although text messaging (SMS & MMS) is not a new technology, it is for restaurant businesses.Yum! Brands—the parent company of KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill recently announced it has begun the first steps in integrating Text-To-Order technology to help restaurant chains drive growth. Text-to-order comes with a built-in direct response marketing channel that allows brands to send promotions and reminders to their loyal customers on an opt-in basis. Text marketing provides a powerful tool to drive repeat orders and build more brand equity. On this episode, we sit down with Donald Burns to discuss text-to-ordering, third-party delivery, fast casual ghost kitchens, and franchising unit economics.

Guest: Donald Burns - The Restaurant Coach
The Restaurant Coach Site ➜ http://bit.ly/RestaurantCoach​​
Book "Your Restaurant Sucks" ➜ http://bit.ly/RestaurantSucks​​

Bookkeeping For Your Small Business ➜ https://bench.grsm.io/paulbarron8134​​

#Restaurants​​ #Delivery​​ #Technology​​
~Text-To-Order Restaurant Integration w/ Donald Burns~
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Get the latest restaurant and hospitality insider tips and education on saving your restaurant business in our FREE Virtual Event Platform 🎓 http://bit.ly/FoodableVirtual​

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Restaurant digital menu's have recently relied on QR code enable digital menus consisting of an ugly webpage with the dreaded downloadable PDF link. Worse so, once PDF is downloaded it consists of one giant (zoomed out) image of the menu. While that basic user interface was necessary to ramp up quickly during the restaurant closures, the lazy design experience won't cut it any longer. A great alternative to native apps are hybrid apps (also known as Progressive Web Apps) which have all the functionality of an app but built using common web technologies including HTML, CSS and JavaScript. On this episode, we sit down with Donald Burns The Restaurant Coach to discuss ways to make a restaurants digital menu not suck, including using video elements and real-time dish ratings.

Guest: Donald Burns - The Restaurant Coach
The Restaurant Coach Site ➜ http://bit.ly/RestaurantCoach​
Book "Your Restaurant Sucks" ➜ http://bit.ly/RestaurantSucks​

Bookkeeping For Your Small Business ➜ https://bench.grsm.io/paulbarron8134​

#Restaurants​ #Menu​ #Technology​
~Your Restaurant's Digital Menu Sucks! w/ Donald Burns~
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Get the latest restaurant and hospitality insider tips and education on saving your restaurant business in our FREE Virtual Event Platform 🎓 http://bit.ly/FoodableVirtual​

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