Today in the food business, Taco Bell is running out of Mexican pizza ingredients and Subway is rethinking its restaurant business. Additionally, Finnish delivery kitchen startup Huuva is raising funds.
Taco Bell’s Mexican pizza relaunch backfires on stockouts
Taco Bell’s decision to change the conversation from supply chain and inflation issues has had something of the opposite effect. After bringing back its favorite Mexican pizza on May 19, the chain is already running out of ingredients, according to a company announcement posted on Twitter Tuesday, May 31.
Subway seduces businesses with restaurant revival
Subway, the quick-service restaurant (QSR) chain with nearly 40,000 restaurants worldwide, is investing in expanding sales opportunities beyond individual meals. The company announced on Tuesday (May 1) that it had redesigned its catering program to be easier to use in addition to launching its offerings at enterprise food solutions provider ezCater.
Huuva raises $5.22 million for virtual restaurant platform
Finnish delivery kitchen startup Huuva has raised more than $5.2 million in an investment round, saying it will use the money to expand in Central Europe, add 100 new employees and grow its focus on the neighborhood, according to a Tech Funding News report on Wednesday (June 1).
Restaurants are embracing digital to combat rising food and drink prices
Jackson Strayer-Benton, director of beverages for Heirloom Hospitality, which includes Vermont restaurants Hen of the Wood, Doc Ponds and Prohibition Pig, tells PYMNTS how digitizing internal processes is helping brands overcome inflationary challenges by providing more of a Complete overview of inventory management and ever-changing prices of ingredients and commodities.