Nestle Invests $100M in Wonder
New York-based Wonder Group has now received approximately $950 million in funding over its three-year history after receiving a $100-million investment from Nestle, according to CNBC. The nine-figure investment comes in the wake of a succession of big-ticket...
Domino’s Sees Delivery Sales Fall After Incentivizing Customer Pickup
A year and a half after a national ad campaign incentivized Domino’s customers to pick up their pizzas rather than having them delivered, the pizza giant’s customers have followed suit as its pickup sales rise and delivery sales fall. During its third-quarter 2023...
In Complex Deal, Serve Robotics Nabs $30M, Goes Public
Serve Robotics has raised $30 million in new financing to continue growing, while simultaneously announcing a complex merger that effectively makes the San Francisco-based company a public entity. With participation from Uber Technologies and NVIDIA, the latest...
How to Execute Dynamic Pricing is Food On Demand Hot Topic
Dynamic pricing is the rage among restaurants, but it’s difficult to pull off especially as inflation may be starting to ease. “Everybody seems to get into it at the late end of the cycle. When it gets to the late part of the cycle, people make bad...
Online Grocery Sales Hit $9.1 Billion, Up 2.4 Percent
The U.S. online grocery market finished December with $9.1 billion in sales, up 2.4 percent from a year ago and only 2 percent lower than the record high of $9.3 billion seen last Q1 of 2021, according to the monthly survey from Brick Meets Click and Mercatus. Driving...
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.