Cowen, a New York analyst firm that closely follows Grubhub, slightly downgraded its price target for the Chicago-based delivery giant. Following the company’s revised 2019 guidance, the firm lowered its price target from $91 to $86, affirming that it still expects...
Publicly traded restaurants like McDonald’s, Wendy’s and Wingstop are just a few of the mega brands that were early adopters of delivery. Others, like Chipotle, Starbucks and the Yum Brands trio of Taco Bell, KFC and Pizza Hut were later adopters. As part of its...
Dave Ferguson, one of the co-founders of Nuro, said there’s no “Rosie” in sight yet, but automation companies like his are the first step toward a massively automated future. Ferguson is one of the cofounders of the automated-delivery vehicle maker that is currently...
In the fourth installment of its food delivery survey, Wells Fargo surveyors asked 575 delivery customers what would drive them back into a restaurant for an in-store visit. The somewhat hilarious answer? Lower menu prices and free menu items. Yes, that ought to do...
The joyous sound of flying hamburgers is about to be heard in the city of Hope Springs, North Carolina. Under an approved proposal, drone company Flytrex and drone services company Causey Aviation Unmanned will soon begin food deliveries. The program is part of the...
After writing about the new deal with Cold Stone Creamery parent, Kahala Brands and DoorDash, folks in our office got a strong hankering for some ice cream. We decided to take on the hard work of putting Cold Stone’s delivery to the test to see how well it can deliver...
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.