WSJ's Take On the Week

Why Restaurants Are Making a Comeback, With Toast CEO Aman Narang

12 snips
Dec 8, 2024
Aman Narang, CEO and co-founder of Toast, a tech firm revolutionizing restaurant operations, joins the discussion on the restaurant industry's comeback. He explains how technology is reshaping dining experiences post-pandemic, from digital payments to online ordering. Despite rising food costs, innovations are driving record patronage in restaurants. Narang dives into the challenges and advancements that have helped restaurants adapt, revealing how tech has transformed the way we dine and engage with food services.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

Toast's Origin Story

  • Toast's origin started with the founders' frustration waiting for a restaurant check.
  • This sparked the idea of mobile payment, leading to Toast's development.
INSIGHT

Restaurant Tech Before Toast

  • Restaurants previously used multiple, disconnected software systems.
  • Toast aimed to simplify this by creating an integrated platform.
INSIGHT

Restaurant Spending Boom

  • Despite inflation concerns, restaurant spending is at record levels.
  • Telis Demos questions why consumers haven't cut back on dining out.
Get the Snipd Podcast app to discover more snips from this episode
Get the app