Foot traffic is flat as digital dominates top-line growth. Purchases are shifting from individual brands to marketplaces. Mobile influences the purchasing and ordering process, regardless of whether the product is ultimately delivered or picked up in-store. Scale economies help big players, and brand affinity helps...
Grubhub is denying rumors that the food delivery startup is on the chopping block or considering an acquisition, triggering a 6.7 percent drop in share prices, according to reports on Thursday (Jan. 9). “We felt it was important to clarify that there is unequivocally no...
Food delivery company Grubhub is considering a few strategic options to continue to compete in an increasingly crowded market, including a potential sale or an acquisition by another company, according to a report by The Wall Street Journal. The Chicago-based company has hired financial advisers...
Southeast Asia’s GrabFood is the latest food delivery service to launch a ghost kitchen in Singapore, accommodating several restaurant brands and turning up the heat on competition, DealStreetAsia reported Tuesday (Jan. 8). Residents in the Singapore communities of the Hillview neighborhood can place food orders...
One of the biggest questions faced by quick-service restaurants (QSRs) and other eateries is how to deal with online delivery, and what kinds of business relationships to build and maintain with third-party delivery providers. That question was put under the spotlight on Monday (Jan. 6)...
Uber is leveraging its ride-hailing success in Africa to deliver local fare that caters to the tastes of its middle-class customers, Reuters reported on Thursday (Jan. 2). The company tapped data from its rides service to track food destinations and from Uber Eats to monitor...
Delivery service Postmates and popular coconut water drink Vita Coco are partnering with Manhattan deli Lenwich to offer a whimsical but practical 2020 “hangover remedy kit,” according to Fox Business. The free-while-they-last kits will feature a bottle of Vita Coco plus additional branded items from...
The chief executive officer of Domino’s Pizza — the world’s largest pizza company by sales — said a “significant shakeout” is coming to the food delivery space, Yahoo Finance reported on Monday (Dec. 30). Domino’s Pizza CEO Richard Allison told the news outlet that third-party food...
The eCommerce boom and America’s thirst for fast deliveries has impacted the van industry, warehouse demand and the traffic in cities, as more and more roads are getting congested with the increased traffic, according to reports. Warehouses around the country are almost always full, and...
