Virtual Kitchen Investments in U.S. Near $600 Million
It might not seem like a lot amid the billions invested in the grander food-on-demand space, but $545,900,000 in cumulative investment for essentially blank kitchen spaces is incredible and shows that investors are as hungry as ever to get a piece of the evolving...
Grubhub Reports Mixed Fourth Quarter Results
Grubhub announced fourth-quarter results, and ultimately delivered a mixed bag, missing analyst estimates for earnings, but growing revenue slightly faster than expected. Revenues came in at $341 million, a 19 percent year-over-year increase from $288 in the fourth...
Grubhub Unveils ‘Ultimate’ POS Hardware
Grubhub is making a move into hardware, and it’s well beyond another tablet. The company unveiled a new point of sale (POS) system dubbed Ultimate in an attempt to help restaurants become more sophisticated around takeout. It will also help ease some headaches with...
Soup’s On: FOD Tests ‘Self-delivery’
The term “self delivery”—which, of course, means customer pickup—never fails to solicit a laugh here at FOD, but nothing’s funny for restaurants looking to convert delivery customers to takeout customers willing to grab their meals in person. To evaluate the changing...
Report: Grubhub Hires Advisor, Considers Sale
Here we go with the first big delivery headline of 2020: The Wall Street Journal reports that Grubhub, the second largest U.S. delivery provider, has hired a financial advisor to explore strategic options, possibly including a sale, as optimism has morphed into...
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.