Q&A with Denny’s Virtual Brand Leader Dave Coltrin
Denny’s (Nasdaq: DENN) is on track to be a virtual restaurant leader as it rolls out two delivery-only concepts to almost its entire network of 1,700 restaurants across the country. CEO John Miller said in a recent earnings call and appearance at the ICR...
Instacart Raise Sends Valuation Sky High
Instacart raised another $265 million from investors, sending the grocery delivery company’s valuation to just shy of $39 billion. This represents the fourth raise during the pandemic and doubles the valuation for the second time in the last year. The company raised...
Enterprise Delivery SaaS Giant Olo Files to go Public
Olo, one of the first big-name digital delivery order aggregators, is set to go public soon. The company filed its S-1 prospectus with lots of new details in its first public pitch to Wall Street. The New York-based company looks to raise $100 million in a public...
As Delivery Matches Rides, Uber Posts $968M Quarterly Loss
Two weeks after moving to buy Drizly, Uber announced its fourth-quarter financial results, which also included full-year results for 2020. The prime highlights are year-over-year delivery bookings up nearly 130 percent as food delivery has pulled even with its...
Grubhub Announces Full Year 2020 Earnings
Grubhub announced fourth quarter and full-year earnings in potentially its last full year report before merging with Just Eat Takeaway.com. The earnings from the Chicago-based company were somewhat mixed. Grubhub’s overall revenue was up significantly, in line with...
Outstanding Operators
Food On Demand Outstanding Operators features restaurant brands with innovative operations that are taking creative paths to success with delivery and all things off-premises.