Grocery shopping for the lazy, busy or somewhere in between has never been easier. As my town just outside Minneapolis anxiously awaits a proposed Hy-Vee grocery store, I’m looking forward to the possibilities as the company launches lunchtime and dinner delivery in its home market of Des Moines, Iowa.
With five months to go, registration is now open for the Food On Demand Conference that will be held at the Chicago Marriott Downtown Magnificent Mile in the heart of the Michigan Avenue dining and retail district April 1-2, 2019.
Thanks to the still-fast-growing popularity of third-party delivery providers, restaurants are finding yet another reason to build smaller restaurants as so many sales come from off-premises diners.
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 deliveries happening up in Canada, it’s clear that the uber-future is almost here—ready or not.
Grubhub, the first public company in the third-party delivery space, announced its third-quarter earnings today. The company announced earnings of 45 cents per share, beating consensus from Wall Street of 41 cents per share, a 10 percent beat. Topline revenues rose by 52 percent, driven skyward by a 40 percent increase in gross food sales. The all-important active diners metric grew by 67 percent year over year to reach 16.4 million, up from 9.8 million in the third quarter of 2017. “Daily average grubs” (DAGs) rose 37 percent year-over-year to […]
No other grocery provider even comes close to Amazon’s dominant position relative to online grocery retailing, according to a new report from Brick Meets Click’s latest consumer survey. Amazon has captured 30 percent of online grocery spending in the U.S.
With a new safety-focused program rolling out to millions of riders, drivers and delivery partners, Uber is using technology to raise the bar on safety in its European, Middle Eastern and African markets.
The new GH Lab store at the Mall of America is a partnership between Good Housekeeping and Amazon—and it’s a convincing look at the future of retail by offering a better experience both for the retailer itself and the customers who browse this carefully curated store. It’s likely no coincidence that GH Lab is sandwiched between an Apple Store and a Microsoft Store. The storefront is glassy and transparent, and the interior is akin to upscale furniture or home goods store where virtual rooms are set up—spa-like bathroom, modern kitchen […]
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 Pedro “Pete” Mora, founder of Houston-based Fajita Pete’s, where the majority of sales, about 90 percent, are from catering, delivery and pick-up orders—exactly how Mora intended it. From its 1,200-square-foot restaurants, the 10 locations of Fajita Pete’s across Texas put out fresh-grilled […]
With investor cash continuing to pile into the restaurant and delivery worlds, the biggest players are outlining plans to go their own unique directions. In a recent conversation with Caviar’s Anjarae Washington, head of Caviar For Teams and its new catering-focused acquisition Zesty, she said the company is preparing to take Zesty outside of its Bay Area home turf. New to M&A parenthood, San Francisco-based Square/Caviar acquired Zesty in April of this year. Washington said the purchase included Zesty’s staff of approximately 30 team members who are now integrated into […]
