Funding Round Adds $600M to Instacart’s War Chest
Grocery delivery service Instacart has pulled in $950 million in funding so far in 2018, the new total after the San Francisco-based company raised $600 million in its latest funding round. D1 Capital Partners, run by Dan Sundheim, the former investment chief at...
Subway Inks Partnerships with Four Big Delivery Brands
Bucking the common practice of large franchised restaurants forming exclusive partnerships with a single third-party delivery provider, Subway announced new agreements with four delivery providers, which could dramatically shift the economics of restaurant delivery in...
Delivery, Rising Rents Shrinking Restaurant Footprints
Restaurants new and old have been shrinking their footprints for years due to a variety of reasons that nearly always include lukewarm customer counts and dog-eat-dog competition for prime real estate. Now, thanks to the still-fast-growing popularity of third-party...
Uber Prepares Food-Delivery Drones
Hot meals being delivered from the sky are the natural end-game of this on-demand food delivery phenomenon. With this week’s news from The Wall Street Journal that UberEats plans to launch foody drones by 2021, and our own Nick Upton’s story on unmanned drone...
‘Fajitas Delivered’ Concept Attracts Investor Group
There are only four tables inside a Fajita Pete’s. That’s not a setup that could work for a lot of restaurants, but when dine-in orders account for less than 10 percent of sales, a handful of seats is plenty. “We don’t just sell fajitas, we sell convenience,” says...
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.