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.
The Federal Reserve left its key interest rate unchanged Wednesday for the second time in its past three meetings, a sign that it’s moderating its fight against inflation as price pressures have eased. But Fed officials also signaled that they expect to raise rates once more this year.