In October Dos Toros went cashless. The company's Marketing Manager Marcus Byrd explains how this change has impacted Dos Toros' business strategy.
"It's been relatively smooth," says Byrd. "Our business thrives on our ability to delight our guests, and this frees up time for our customers." Dos Toros currently has 14 locations in New York, and one location in Chicago, IL.
Byrd says Dos Toros is developing a mobile app to launch in 2018. Next year, Dos Toros is also looking to open more locations in Chicago and potentially enter a new marketplace.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.