by Nicholas Upton | Jul 18, 2017 | Finance, News, Research
A new Cowen survey explores market implications of third-party delivery, showing some impressive growth and an incredible opportunity for restaurant investors. According to a proprietary survey of 2,800 consumers, research company, Cowen, found four “notable...
by Nicholas Upton | Jun 16, 2017 | Finance, News, Third-Party Delivery
By Nicholas Upton Amazon and whole foods announced a merger agreement where Amazon will buy Whole Foods Market for $42 per share for an all-cash transaction of $13.7 billion. And now rumors are swirling that Grubhub is next. The Whole Foods acquisition alone signals a...
by Laura Michaels | Apr 18, 2017 | Finance, News
By Laura Michaels In a ring filled with retail heavyweights, Amazon is the hulking value giant. The Seattle-based online retailer, grocery chain, filmmaker, foodservice equipment supplier and yes, bookstore, is worth more than Walmart, Costco and Target combined,...
by Laura Michaels | Mar 28, 2017 | Finance, News
By Laura Michaels Panera is ready to double down on delivery in 2017. With 15 percent of the system already in the delivery business, Panera Bread Co. will expand that figure to 35 to 40% by the end of 2017, said company President Blaine Hurst. In a February 8...
by Nicholas Upton | Jan 10, 2017 | Finance, News
By Nick Upton Caviar’s late 2016 acquisition of Philadelphia food-delivery startup Main Line Delivery put an end cap on the M&A activities in the food-on-demand realm. And deals like it could make 2017 a banner year for M&A in the space. Caviar, which itself...