by Nicholas Upton | Feb 17, 2022 | Finance, News
Misfits Market unveiled its 2021 annual report on the heels of a major new fundraise. In short, customers have found a lot of beauty in the “ugly” food delivery service. The company launched in 2018 in Philadelphia, hand delivering fruit and veggies that...
by Callie Evergreen | Feb 17, 2022 | News
Sherif Mityas was once the CEO of Hollywood Video and Movie Gallery, the biggest competitor to Blockbuster Video. To avoid becoming obsolete like the products of his former company, Mityas is pushing innovation in his new role as president of Dallas-based Brix...
by Tom Kaiser | Feb 10, 2022 | News, Top Stories
As ultra-fast grocery delivery scales beyond New York, Chicago and San Francisco, Buyk CEO James Walker hopes this new speed and convenience persuades American shoppers to live like Europeans who typically buy smaller quantities at a time and focus on fresh...
by Tom Kaiser | Feb 10, 2022 | News, Third-Party Delivery
Coco, the Los Angeles-based remotely piloted delivery service, has officially hit the streets of Austin, Texas. It’s the company’s first big step toward nationwide expansion after its recent Series A funding round of $56 million, with upcoming plans to enter the...
by Tom Kaiser | Feb 10, 2022 | Briefs, News, Third-Party Delivery
Decades beyond the national dominance of FTD and 1-800-Flowers, DoorDash has moved deeper into flowers-on-demand with same-day floral deliveries through partnerships with more than 3,000 local and national florists. This news follows a multi-year journey of fulfilling...
by Arthur Robert | Feb 10, 2022 | News
Diners plan to dine more in 2022. That’s according to the latest installment of BentoBox’s Restaurant Delivery Consumer Trend Report. A combined 57 percent of respondents said they planned to order somewhat or significantly more frequently from restaurants and...
by Nicholas Upton | Feb 9, 2022 | Best Practices, News
Loyalty is top of mind for the restaurant industry as operators look to build a better mousetrap and bring customers back again and again. For companies leading in loyalty, that’s a great way to keep customers close, but with every new loyalty program, the...
by Nicholas Upton | Feb 9, 2022 | Finance, News
Chipotle marked another exceptional year of business by nearly every metric. Off-premises operations and digital ordering were especially bright spots in its latest earnings report. In the fourth quarter, Chipotle’s revenue increased 22 percent, reaching $2 billion...
by Tom Kaiser | Feb 3, 2022 | News, Top Stories
Billing itself as a virtual food hall that delivers, Unfurl Cuisine is a 3-unit operation in the increasingly murky area between ghost kitchens and food halls. Unfurl builds kitchens with spaces for up to 20 brands in one location where its own employees cook the...
by Tom Kaiser | Feb 3, 2022 | Briefs, Finance, News
Lunchbox closed a $50 million Series B investment that will allow the New York-based platform offering online ordering, integrations and marketing for restaurants and ghost kitchens to accelerate its research and development efforts. The eight-figure investment round...