QSR

Hi Auto Crowned "Innovator of the Year" for Pioneering Voice AI in Drive-Thrus

Retrieved on: 
Wednesday, January 10, 2024

Hi Auto, a trailblazing company in drive-thru voice AI technology, has been named "Innovator of the Year" at the Checkers & Rally's annual convention.

Key Points: 
  • Hi Auto, a trailblazing company in drive-thru voice AI technology, has been named "Innovator of the Year" at the Checkers & Rally's annual convention.
  • This prestigious accolade underscores Hi Auto's pivotal role in transforming the quick service restaurant (QSR) industry with its advanced voice AI solution.
  • Minh Le, Chief Information Officer at Checkers & Rally's Restaurants, praised Hi Auto's innovative streak: "Hi Auto's drive-thru voice AI technology is not just innovative; it's revolutionary.
  • Among dozens of vendors, Hi Auto stood out, securing its market-leading position with its proprietary natural language processing and high-accuracy voice recognition technologies, specifically tailored for QSRs

OAKBERRY Announces Collaboration With Tennis Superstar Aryna Sabalenka

Retrieved on: 
Thursday, January 11, 2024

MIAMI, Jan. 11, 2024 /PRNewswire/ -- OAKBERRY, the quick-service superfood brand with 100% natural and always fresh açaí, today announced a two year partnership with tennis star Aryna Sabalenka. This news comes as Sabalenka embarks on an exciting 2024 season, including the defense of her title in Melbourne this month.

Key Points: 
  • MIAMI, Jan. 11, 2024 /PRNewswire/ -- OAKBERRY, the quick-service superfood brand with 100% natural and always fresh açaí, today announced a two year partnership with tennis star Aryna Sabalenka.
  • Following an extremely successful 2023, Sabalenka has already solidified herself as one of the world's top tennis players.
  • "As an athlete, how I fuel my body is essential to how I perform both on and off the court," said Aryna Sabalenka.
  • "Aryna Sabalenka is a great example of the future of tennis and we are working closely with her to create some really exciting things over the next two years.

Freddy's Frozen Custard & Steakburgers Exceeds Company Record, Opening 62 New Restaurants in 2023

Retrieved on: 
Wednesday, January 10, 2024

WICHITA, Kan., Jan. 10, 2024 /PRNewswire/ -- Fast-casual restaurant concept Freddy's Frozen Custard & Steakburgers® announced today that it achieved a historic year of development success in 2023, opening a company-record 62 new restaurants across the country, including the brand's 500th location. Additionally, as a result of franchise development agreements signed in 2023 with both new and existing franchisees, Freddy's is set to further expand its footprint in Florida, Georgia, North Carolina and Texas, among other key markets. Freddy's is also accelerating growth in Canada, recently signing its second development agreement North of the border to bring five new restaurants to Alberta.

Key Points: 
  • WICHITA, Kan., Jan. 10, 2024 /PRNewswire/ -- Fast-casual restaurant concept Freddy's Frozen Custard & Steakburgers® announced today that it achieved a historic year of development success in 2023, opening a company-record 62 new restaurants across the country, including the brand's 500th location.
  • Freddy's is also accelerating growth in Canada, recently signing its second development agreement North of the border to bring five new restaurants to Alberta.
  • "We maintained strong growth momentum throughout 2023, and I'm incredibly proud of the milestones we've been able to achieve," said Chris Dull, President & CEO of Freddy's Frozen Custard & Steakburgers.
  • We are fortunate to have best-in-class operators as partners, and it's incredibly rewarding to see them open their new Freddy's restaurants."

CES 2024 Netherlands Tech Pavilion Merges Tech and Nature for a VR Glimpse at a Sustainable Future

Retrieved on: 
Wednesday, January 10, 2024

"My role as a creative innovator is to inspire hope and optimism through my visual storytelling," said Tse. "When an environment is healthy, trees and plants will send energy and resources to plants that are hurting. There is a beautiful interdependence that exists in nature. When tech is created to help others, it's that same spirit of benevolence and community. 'Sustainable Garden' is meant to express that tech and nature can work together to forge a better future -- not just for humans, but the Earth and all living things."

Key Points: 
  • The NL Tech Pavilion theme for CES 2024 is "Let's Innovate Sustainable Solutions," and the CES 2024 delegation features 12 CES 2024 Innovation Award winners.
  • 'Sustainable Garden' is meant to express that tech and nature can work together to forge a better future -- not just for humans, but the Earth and all living things."
  • (Startup and CES 2024 Innovation Award Honoree )
    Sevvy : Technology that enables healthy, sustainable and fast cooking and baking.
  • (Startup)
    Interested media and analysts who want to schedule an interview with companies in the NL Tech Pavilion during CES 2024, please contact [email protected] .

Craveworthy Brands Sets Its Sights on a QSR Revolution with Impressive Growth Across the Nation

Retrieved on: 
Monday, January 8, 2024

SOUTH ELGIN, Ill., Jan. 8, 2024 /PRNewswire/ -- Craveworthy Brands, the platform company behind Wing It On!, The Budlong, Krafted Burger + Tap, Genghis Grill, BD's Mongolian Grill, Flat Top Grill, Lucky Cat Poke Co., Pastizza, Scramblin' Ed's, and Soom Soom Mediterranean, wraps its first year in operation as a platform company with milestone brand acquisitions, investments in cutting-edge technological innovations, and strong performance marks that are set to ignite nationwide growth in the year ahead. 2024 aims to be a monumental year as Craveworthy Brands cements itself as a distinguished name in the culinary world.

Key Points: 
  • 2024 aims to be a monumental year as Craveworthy Brands cements itself as a distinguished name in the culinary world.
  • Over the past year, Craveworthy Brands' veteran development team prioritized enhancing platform-wide processes and growing in-store sales to redefine what success can look like for budding QSR concepts.
  • On a mission to revolutionize the QSR industry , Craveworthy Brands grew and diversified its portfolio of brands in 2023 with the acquisitions of Wing It On!, Genghis Grill, BD's Mongolian Grill, and Flat Top Grill.
  • "Our focus in 2023 was redefining Craveworthy Brands' processes and assembling a stellar leadership team with more than 200 years of combined industry experience," said Gregg Majewski, CEO of Craveworthy Brands.

AAMI and FDA Co-Sponsor Medtech Conference, ‘AAMI and FDA neXus'

Retrieved on: 
Monday, January 8, 2024

The conference will feature a wealth of FDA experts alongside industry members and will focus on the latest information on medical device regulations and standards.

Key Points: 
  • The conference will feature a wealth of FDA experts alongside industry members and will focus on the latest information on medical device regulations and standards.
  • Real-world evidence and medical device safety, presented by Daniel Caños, director of the Office of Clinical Evidence and Analysis at CDRH.
  • The FDA case for quality, delivered by Francisco Vicenty, FDA consumer safety officer.
  • Development, adoption, and now application of standards, neXus covers it all.”
    Those interested in attending can find registration for the AAMI FDA neXus here .

Papa Johns Announces Back to Better 2.0 Ahead of 26th Annual ICR Conference, and Provides Preliminary 2023 Sales and Unit Development

Retrieved on: 
Monday, January 8, 2024

The Company also reported preliminary sales and unit development information for the fourth quarter and the full year ended December 31, 2023.

Key Points: 
  • The Company also reported preliminary sales and unit development information for the fourth quarter and the full year ended December 31, 2023.
  • Correspondingly, the Company’s franchisees have voted to increase the contribution rate to the National Marketing Fund by 20%, or 100 basis points of sales.
  • For the full year 2023, International comparable sales, on a 52-week basis, were down approximately 4% from the prior year.
  • 210 net unit openings for the full year 2023 with 57 net unit openings in North America and 153 net unit openings in international markets.

Restaurant Brands International Inc. Announces Revised Segment Reporting

Retrieved on: 
Monday, January 8, 2024

The TH, BK, PLK and FHS segments include results from each brands' operations in the United States and Canada.

Key Points: 
  • The TH, BK, PLK and FHS segments include results from each brands' operations in the United States and Canada.
  • INTL includes consolidated results from each brands' operations outside of the United States and Canada.
  • In addition, RBI has transitioned its definition of segment income from Adjusted EBITDA to Adjusted Operating Income ("AOI").
  • We have four amazing brands being led by five ambitious leaders across our home markets and international.

TransAct Receives U.S. Approval for BOHA! Terminal 2 from Leading QSR

Retrieved on: 
Thursday, January 4, 2024

Based on the approvals, TransAct began shipping pre-orders and stocking orders in the U.S. and multiple international markets before the end of 2023.

Key Points: 
  • Based on the approvals, TransAct began shipping pre-orders and stocking orders in the U.S. and multiple international markets before the end of 2023.
  • This announcement follows overseas approval which was previously announced on the Company’s Third Quarter 2023 earnings call.
  • Terminal 2 would meet their goals for flawless operational execution and improved efficiency throughout all of their locations,” said John Dillon, CEO of TransAct Technologies.
  • from supporting just three languages, to supporting over ten, giving TransAct the ability to distribute our BOHA!

Jack in the Box Smashes into 2024 with New Smashed Jack Burger

Retrieved on: 
Wednesday, January 3, 2024

Jack in the Box (NASDAQ: JACK) is kicking off the new year by bringing burger innovation to the forefront of the menu.

Key Points: 
  • Jack in the Box (NASDAQ: JACK) is kicking off the new year by bringing burger innovation to the forefront of the menu.
  • The Smashed Jack is the latest addition to Jack in the Box’s constant conversation around better tasting burgers, available at all locations as a classic Smashed Jack, Bacon Double Smashed Jack, or combo option.
  • “Smashed patties have been extremely popular, and our new Smashed Jack pays homage as its first fast food rendition, while adding a unique Jack twist.
  • For more information on Smashed Jack, new menu items, or Jack in the Box, visit jackinthebox.com .