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PAR Technology Unveils PAR Clear Setting the New Standard in Drive-Thru Communication

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PAR Technology Unveils PAR Clear Setting the New Standard in Drive-Thru Communication  The Audio Solution That Keeps Lines Moving and Customers Smiling NEW HARTFORD, N.Y. (Nov. 14th, 2024) – PAR Technology (NYSE: PAR), a global foodservice technology company, today announces the introduction of PAR Clear™ — a drive- thru communications headset system built to elevate […]

Fast-Food Luxury: How QSRs Can Put The ‘Value’ Back In Value Meals

The dollar menu is dead. A 2024 LendingTree study found that 78% of Americans view fast food as a luxury, mourning the loss of affordable meals from their favorite quick-service restaurants (QSRs). With menu prices soaring over 60% between 2014 and 2024, the industry faces a startling shift in perception—yet it’s choosing to lean into […]

Why consumers, not restaurants, are dictating value

After facing rising costs and tough economic conditions since 2022, restaurants are scrambling for customers. To entice these guests, brands from McDonald’s to Chili’s and Applebee’s rolled out value meals, combos and buy-one-get-one offers to draw people in the door over the past few months. Even independent restaurants have participated in the value promotions, adding […]

PAR Technology has appetite for more deals following two in March, CEO says

PAR Technology has appetite for more deals following two in March, CEO says PAR Technology [NYSE:PAR], a global enterprise foodservice technology company, remains opportunistic following two recent acquisitions and could land another deal at any time, President and CEO Savneet Singh told Mergermarket. “I don’t think you can ever stop,” Singh said of considering buys. […]