By Nicholas Upton The Lyft and Taco Bell partnership isn’t the only cooperation happening in the third-party delivery world. Grubhub and Groupon are working together and doing some light consolidation. Under a new agreement, Groupon users will be able to order food from Grubhub’s restaurant base (55,000 restaurants currently). Grubhub also will acquire some of the OrderUp business that was acquired by Groupon in 2015 for $69 million. According to a press release, Grubhub is “acquiring certain assets in 27 company-owned OrderUp food delivery markets from Groupon.” The terms of this […]
Lyft and Taco Bell thought they had a match made in heaven, but the partnership has been dubbed “Taco Hell” by drivers. “Taco Mode” is now a publicized option for Lyft. Customers can call participating drivers and be driven through a Taco Bell while being transported home. The two brands just finished a second test in the Newport Beach area of Southern California. A Lyft spokesperson said the agreement formalizes a behavior that already existed. “The Lyft and Taco Bell collaboration has been in the works for over a year. […]
By Laura Michaels Off-premise sales gave Denny’s Corp. a boost in the second quarter, helping the brand mitigate the effects of what President and CEO John Miller called a “choppy performance” in the restaurant industry overall. During the company’s earnings call August 1, Miller cited “the continued gap between grocery and restaurant pricing, the influence of a retail slowdown on dining out occasions, holiday shifts and federal income tax refunds delays,” as weighing down overall industry performance. Denny’s, however, overcame some of these issues as second quarter domestic same-store sales […]
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 tailwinds” for the industry: 1) Respondents indicated a net 10 percent increase in delivery consumption y/y, suggesting steadily rising order rates among non-lapsed users; 2) A long runway for online ordering with only 52 percent of online delivery respondents placing orders online 75 percent of the time; 3) Supply factors (i.e., restaurant availability and growth […]
After patent drawings illustrating beehive-like drone skyscrapers leaked, Amazon appears closer than ever to building the distribution infrastructure necessary to allow delivery drones to crisscross the skies above major cities.
No news on whether Walmart still plans to ask its employees to deliver orders to neighbors on their way home, but just in case it’s still in the works… Related posts: Restaurant Analysts React to COVID-19 Closures The Economics of Virtual Restaurants Delivery Providers Roll Out Restaurant Relief P.F. Chang’s Inks Catering Agreement with ezCater, Cartwheel
By Laura Michaels Delivery used to be more of a “casual hobby” for Union Square Hospitality Group and its Blue Smoke eatery, but that was before the Danny Meyer-led restaurant group recognized the needs of its guests were changing. “In the old days we were basically competing with the restaurants in our neighborhood for the same mouths in our neighborhood,” explained Sabato Sagaria, Union Square’s chief restaurant officer. Now, with a commitment to using delivery to drive additional revenue, “we have the opportunity to reach mouths all over the city […]
Is delivery faster and more convenient than ordering McDonald’s at a drive-thru? We tested McDonald’s new delivery partnership with Uber Eats to see how the fast-food giant’s sandwiches, fries, Happy Meals and “artisan” burgers weathered the journey to our office with a delivery service, rather than just driving down the road to get it ourselves.
A round up of the most interesting food on demand related stories from around the web for July 2017
By Thomas Kaiser We use it to announce the best and worst news of our lives, to stalk exes and find new love, to read the news and complain about current events—so why shouldn’t Facebook just feed us, already? Fear not, California-based Facebook has announced plans to add meal delivery to its all-encompassing function set. While Facebook hasn’t made a major announcement about its new service as yet, clicking on the hamburger icon or “Order Food” from its menu brings users to a page that lets them choose from nearby […]
