by Nicholas Upton | Nov 23, 2020 | Best Practices, News, Third-Party Delivery
With the explosion of virtual operations in response to the pandemic, it bears asking: what is peak virtual restaurant? According to panelists in a session of the Restaurant Finance Monitor’s Restaurant Finance Week, we aren’t even close. The panel, titled...
by Nicholas Upton | Nov 23, 2020 | Finance, News
Your Fare continues a busy year with two transformational acquisitions. The Austin-based order integration and logistics company acquired Pronto, an online ordering solution for restaurants. The acquisition comes on the tails of Your Fare purchasing Beyond4, a SMS and...
by Tom Kaiser | Nov 22, 2020 | COVID-19, News, Third-Party Delivery
Olo, the New York-based delivery integration and ecommerce platform, announced a range of upgrades to help restaurant clients improve operations and guest safety as digital ordering and delivery volumes continue to grow. Restaurants using Olo’s Expo and Curbside as a...
by Nicholas Upton | Nov 19, 2020 | Best Practices, News, Top Stories
When Chipotle’s first digital-only restaurant opened last week in Highland Falls, New York, it became the first of what will certainly be many. In a lot of ways, the restaurant is the culmination of a huge amount of work to reformat the restaurant with a focus...
by Tom Kaiser | Nov 19, 2020 | News, Third-Party Delivery, Top Stories
As the “big four” delivery brands contract to the “big three,” a vanishingly small number of regional players are thriving below the radar. Started in a dorm room 10 years ago, Madison, Wisconsin-based EatStreet has raked in $50 million in investment funds, which...
by Tom Kaiser | Nov 18, 2020 | Briefs, News, Third-Party Delivery
Two Chicago delivery-focused brands are finally formally integrated now that Chowly has entered into a partnership with Grubhub to bring its menu management and order fulfillment solution to restaurants on the Grubhub marketplace. This new partnership allows Chowly...
by Tom Kaiser | Nov 13, 2020 | COVID-19, News, Third-Party Delivery
With this pandemic clearly dragging into the new year, Grubhub and The Greg Hill Foundation’s Restaurant Strong Fund announced the Restaurant Winterization Grant program, a new initiative to provide $10,000 grants to eligible independent restaurants. As indoor...
by Tom Kaiser | Nov 13, 2020 | News, Third-Party Delivery, Top Stories
Seven years after its founding, DoorDash filed its Form S-1 with the U.S. Securities and Exchange Commission today signaling its imminent intent to become a publicly traded company. This is a significant milestone for the San Francisco-based company and the delivery...
by Nicholas Upton | Nov 11, 2020 | News, Third-Party Delivery
Proposition 22 has passed in California, allowing gig-employment giants like DoorDash, Uber, Lyft and Grubhub exemption from the state’s gig-employment law. The total votes are still being tallied in California, but it appears that the ballot measure won by a...
by Nicholas Upton | Nov 11, 2020 | COVID-19, News
Ride-hailing second chair Lyft said it will soon be entering the food-delivery space. The San Francisco-based ride-sharing operator reported a nearly 50-percent drop in quarterly revenue, falling to $499.7 million. That’s still ahead of analyst expectations, but...